What is passive income?
A passive income is basically the one that occurs automatically or without direct and physical intervention of the person, the only thing that must be taken into account to generate passive income is to create the source of generation (the product or the service).
Once you create the income, that is the source of generation, the process is given so that the profits begin to arrive automatically, it is that simple, there are no tricks, there are no magic.
When the process is completely automated, your intervention is no longer necessary, that is to say that you no longer have to put your physical part in order to, for example, improve the product, update, or solve problems, and your physical intervention disappears completely.
The answer about why not everyone lives on passive income is the following.
“People are programmed to do what they have always done, what they order, what they say … And to believe in effort and competitiveness … People are not used to deciding, thinking, changing … People are limited to dedicate to exist “
It is sad to have to say this, but people are afraid to leave their state of comfort to develop themes that can often mean for them to feel the true state of happiness, people get used to suffering.
Well, now that we know what passive income is, I invite you to review the list that I present below, it is about 8 ways to generate passive income online.
1. Upload videos to platforms such as Youtube about your trips, skills, hobbies and more that may become viral.
The best thing about this method is that when you tell your personal stories you will not have to work hard, because they are your experiences, your knowledge, your skills, therefore you do not have to work hard or make any effort.
- If you go on a trip, then you will have fun whether you record it or not, if you write through passion, you will continue writing, whether you record it or not, therefore this is a natural and fun way to earn money online without trying.
- Here, all you have to do is record your stories, your travels, your knowledge, and your actions that people like and if your videos become viral, you already monetize them with Google Ad sense and earn money automatically.
2. Earn money by uploading photos to any of the Internet platforms and charging fees every time a user downloads it.
This is a very easy and fun way to take your photos, for this can apply both professionals, as an amateur, the idea is to upload your photos on platforms like istookphoto.com and every time a user downloads your photo you will earn money for it.
I know many people who are generating passive income with this method and I tell them that they earn a lot of money without practically having to do anything; many of my friends who love popular selfies are already making money with this method.
3. Write an ebook and sell it
The writing of ebooks is becoming more and more an interesting way to generate passive income, unlike what many people think writing an ebook is not so complex, but as everything must take into account certain factors.
One of the most important things to take into account when writing an ebook to earn money is to write about something that we are passionate about and of course that something may be interesting to people.
However, do not over think this because what you view as “common knowledge” might not be so common to others….
The ebooks’ that have the most sales are those that are related to personal stories, for example, how to quit smoking in 30 days , how to lose weight in 4 weeks without diets, how I could recover my partner, these topics are of great interest and they can generate you a lot of income
4. Create mobile applications and sell them
For no one is a secret that mobile telephony has evolved to a very high point, smart phones are increasingly more advanced and every day thousands of applications arise for us to install on our phones.
One way to generate passive income is precisely to take advantage of the boom that smart phones are having and create applications for mobile phones and then sell them.
5. Create an Online course
The online courses are a practical way to make money online, all you have to do is tap a skill or knowledge you have and teach it to people who have a need and can take advantage of what you teach them.
For example ==> Here is a awesome course that teaches you about SEO see my review here ===> Click here
Once you create the course, all you have to do is use platforms to sell it, for example websites that offer online courses, blogs or directories on training resources, or simply search on Google to sell an online course.
6. Create podcasts
Podcasts are a kind of audio course, a recording on a specific topic that you can listen to on the web or simply download to listen whenever you want. Just as you can create content in written form and in video, you can also do it in audio format.
Podcasts can be monetized in the same way as books or videos are monetized, you can sell them directly or create subscribers through them for your websites.
7. Creation of blogs or websites to monetize them with advertising
This is particularly a way that I love to generate passive income, the idea is basically to create web pages or blogs on topics that are interesting and then work to attract visitors, and then you can start monetizing them with advertising programs.
The good thing about monetizing with this system is that there are dozens of platforms to work and many ways, in which you can earn money, for example you can work with Google Ad sense or publicidees which are platforms with which you can win very well.
8. Earn money with affiliate programs
Affiliate programs are a very easy system to generate passive income, basically consists of offering products from third parties through a link and each time a person purchases the product from our link we will take a good commission.
There are many platforms to earn money as an affiliate but I personally recommend two of them, which are what I believe can earn more money, it’s about clickbank to offer non-tangible products and Amazon to offer tangible products.
Here are a few more affiliate programs
- Commission Junction
Well friends and ending the mood to decide to generate passive income, which can be more rewarding than making an initial effort and then sit and wait for the profits, although the passive income is not easy at first, because you must work very hard at the source, then everything becomes fun when we start to see the gains.
Ways to generate passive income exist by thousands and in all possible areas, I would have to write a book to name them all, here try to teach them the most interesting focused on the subject of the blog, I hope they can be useful.
Making money online with ways you don’t see listed here? Please let me know in the comments below!