Top 10 Online Passive Income Ideas that can Make You Really Rich

In today’s day and age, it is extremely difficult and challenging as well as unwise to just depend on one source of Income for your existence. You never know what the future holds. In this ever changing and evolving Twenty first century, creating sources of passive income is the way to go.

As Warren Buffett says, ‘If you don’t find a way to make money while you sleep, you will work until you die.’

Passive Income is something which can provide you residual income with minimal time and effort.

1. Create a Course

This is a time of the rise of ed-tech industry, wherein more and more people are open to learning online and even ready to buy courses. In such a scenario, if you have some knowledge on anything, you can make a course or an audio lecture out of it. A course can be an excellent income stream because after the initial time and investment, you just have to market it.

2. Affiliate Marketing

You would definitely know about affiliate marketing. With this , a person promotes a product by sharing links to the product or websites. Amazon is one of the best known affiliate partner.

3. Rental Income

Investing in properties to rent is an excellent investment for passive income. However it requires a little bit effort to find good properties and doing research and investments. But once you know the game, it is a great way to get passive income. Although it can be quite risky as well so just be more active while pusuing this idea and be more aware.

4. Create a Blog or Youtube Channel

Okay, you must be thinking that this is not a good idea because the industry may be saturated. Although I don’t completely disagree with this but I have a different view as well. Youtube is the largest video sharing platform out there and each day, lakhs of new active users are added. Same goes with blogging, which may appear to be saturated, but there is always someone who may like your content.

However the catch here is time. In bot the the cases you have to invest upfront time to make it work. Once it happens, you can be sure of a good amount of passive income.

5. Rent out Useful Household Items

You can even rent smaller household items, and not just car or property. Example tents or large coolers, etc.

6. Sell Designs Online

If you design something, you can also sell designs online. There are businesses and sites which allow you to sell items such as T-shirts, cups, hats with your own designs.

7. Peer-to-Peer Lending

This is a kind of a personal loan between you and a borrower. This can be done through a third party intermediary as well. You can earn income through interest payments made on the loans. But also since the loan is insecured, you could even end up with nothing in a default.

8. Create an App

If you are an app developer, you can create apps and sell it. It is a very high paying field. Even if you are not, you can hire freelancers to develop apps and then sell it.

9. Write an E-Book

Yes, you heard it right! You can write an e-book.

You can self publish your books through amazon where you can get a lot of eues on your product.

You will need to have knowledge on a particular topic and write a book after that you just have to publish and wait.

10. Sell NFTs

NFTs are Non- Fungible Tokens which are unique assets that are stored digitally. NFTs can be created for anything, be it designs, photographs, music, GIFs, games or videos, etc.

NFTs is a new industry, however, it’s sales have grown fanatically in the past few years. You can create account on platforms like, OpenSea and do minting by step – by -step process. However it involves a nominal upfront fees. Having said that, Creating NFTs is quite easy.

In Conclusion, there are a lot of passive income sources you can create. Creating a course, Affiliate marketing, seeling NFTs, Writing an e-book, creating a youtube channel, making an investment portfolio, are just some of the ideas of passive inciome. opening an online store, renting things, dropshipping, etc. are more of the ideas. However, passive income also

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