- Other passive income ideas for 2023
- Here are five ways to earn passive income with minimal effort
- Is It Possible to Earn Money Online?
- Link Building Service
- Sponsored Posts
- Affiliate Marketing
- Freelance Writing
- Coaching
- Selling Leads
- Digital Products
- Online Courses
- Investment Gains
- Peer-to-Peer Lending
- Selling Stuff Online
- Buying and Selling Websites
- Brand Sponsorships
- Book or eBook
- Dropshipping
- Try Print on Demand
- Start a YouTube Channel
- Become an Influencer
- Start a Blog
- Consider Freelancing
- Create an App
- Become a Writer
- Do Translation Work
- Become an Online Tutor
- Become a Virtual Assistant
- Become a Twitch Streamer
- Invest in Stocks
- Sell Domains
- Sell Your Designs Online
- Success Stories
- Gigs
Other passive income ideas for 2023
2023 January 6
- Participate in paid surveys.
- Work as a virtual assistant.
- Acquire and sell domain names.
Source: https://www.cbsnews.com/news/passive-income-ideas-for-2023/
Here are five ways to earn passive income with minimal effort
2023 January 6
- Take photos and sell them to stock photo sites.
- Consider car-sharing or car advertising.
- Invest in stocks that pay out dividends.
- Monetize and lease out parts of your property.
- Share your skills.
Source: https://fortune.com/recommends/article/ways-to-earn-passive-income/
Is It Possible to Earn Money Online?
2022 September 1
Earning some decent money online is possible. I could attest to that because I have been making money online to support my family since 2007.
However — just like any other job, trade, or business — it takes some learning curve.
How fast you can earn a steady income stream online really depends on your attitude, skill, and time.
There are many ways to make money online. You do not need to learn every trade. Choose 1-3 ways to make money where you think you could be comfortable.
For a start, try to master 1 trade on making money online and thrive from there.
Here are some ways to earn money online as mentioned by the following sites:
- 21 Ways to Make $100 or More Online in a Single Day
- How to Make Money Online: 28 Real Ways to Earn Money Online
Link Building Service
This is one of the ways I made money in the beginning. That was around 2008-2010.
Sponsored Posts
With a sponsored post, a company pays you to talk about their product or service on your website.
Affiliate Marketing
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others.
Freelance Writing
Freelance writing is another way to earn an online income if you don’t mind earning some of your money with active work.
Coaching
If you have expertise in a specific field, you can also use the internet to build up a coaching business.
Selling Leads
Selling leads may be a lucrative business, but it can also be very competitive. Understanding the costs you will incur in getting leads and the prices you can charge in different markets is critical to creating a successful business in this field.
Digital Products
Another example of digital products is, but not exclusive to, the wide world of printables. Digital products can also be downloadables like mp4, mp3, pdf, etc.
Online Courses
Online courses are the modern version of courses: you can create and share learning content in an organized way that allows users to progress in their understanding of a certain topic. It consists basically of a curriculum, or study plan, organized in units. Online courses can include videos, images, text, and hyperlinks. You can share them easily with a link or send an invitation email to the users.
One perfect example of an online course is that of TCG PROGRAMS FOR YOUTH AND YOUNG ADULTS.
Investment Gains
Like anybody out there, you can set up an online brokerage account and buy ETFs or stocks.
Peer-to-Peer Lending
Peer-to-peer lending is another way to earn money online.
Selling Stuff Online
Another way my wife makes money is by selling stuff online.
Buying and Selling Websites
People buy and sell websites all the time for a variety of reasons. This is called website flipping.
I am currently selling iGarden101.com, which is a blog about container gardening.
Brand Sponsorships
This strategy runs alongside sponsored posts, but it’s much more involved.
Book or eBook
You can also consider writing a book.
Dropshipping
Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.
Try Print on Demand
Print on demand is proving to be a popular option too.
Start a YouTube Channel
If others can make money from YouTube, so can you. The highest-paid YouTuber is 7-year-old Ryan, who reviews toys on his YouTube channel, which made him $22 million in 2018.
Become an Influencer
To become an influencer, you need to build a healthy following. Jeff Bullas is one of the top social media influencers.
Start a Blog
Blogging is one of the oldest methods for making money online. People who love writing tend to start blogs with a niche focus. You can earn in many different ways once your blog gets decent traction of followers or traffic.
Consider Freelancing
The easiest way to make money online is to take your current job in your 9 to 5 role and do it online instead.
Create an App
If you are a developer, you are probably looking at this money-making idea.
Become a Writer
With a growing interest in content marketing, more brands are looking for great writers to create content.
Do Translation Work
If you need to make money now, translation work is a fairly underserved niche.
Become an Online Tutor
You can make a lot of money online and choose your hours by being an online tutor.
Become a Virtual Assistant
With so many entrepreneurs building businesses, the demand for virtual assistants is increasing almost daily.
Become a Twitch Streamer
Twitch streaming is becoming increasingly popular. While it started as a gaming platform, it has quickly evolved to include other types of content.
Invest in Stocks
You can also make money fast by investing in stocks online.
Sell Domains
If you regularly buy domain names but fail to use them, you can always sell them for a profit.
Sell Your Designs Online
Graphic design is a limited skill that you can monetize in several ways.
There are still so many ways to earn online. I simply could not cover every one of them.
If you are eager to know how we manage to earn online for years, subscribe to our newsletter/updates.
Success Stories
A 30-year-old who makes an average monthly income of $114,000 shares four businesses you can start today for $99 or less
September 1, 2022
These include:
- Affiliate marketing
- YouTube Adsense
- Digital products
- Renting out a room
Gigs
Entrepreneur shares eight virtual gigs that will earn you extra cash
2022 October 27
These include:
- Online selling
- Graphic designing
- Website development
- SEO consultancy
- Day trading
- Selling eBooks
- Creating YouTube videos
- Affiliate marketing
Wow this are all great ideas! But only some of them are not too time consuming 🙂