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Wednesday, April 15, 2020

Top 17 Passive Income Ideas 2020

Top 17 Passive Income Ideas 2020

Hello friends, today we are going to talk about passive income, what is passive income, how to get passive income, let's know 17 best passive income ideas.


Top 13 Passive Income Ideas 2020
Top 13 Passive Income Ideas 2020

What is passive income?
Passive income is this type of income in which no person is actively involved. This income can be defined as interest, rent. Passive income is the income in which once you work hard and always earn income after doing any work, this is what we call passive income.


Here I will tell you the best 15 passive income ideas so that you can make passive income.
1) BLOGGING
2) PODCAST
3) INVESTING
4) AFFILIATE MARKETING
5) RENT A HOUSE
6) EBOOKS
7) SELLING PHOTOS on SHUTTERSTOCK
8)LEAD GENERATION WEBSITE
9)SELL ​​PROUDECTS ON AMAZON
10)DROP SHIPPING
11)CREATE AN ONLINE COURSE
12) YOUTUBE VIDEOS
13) INSTAGRAM
14) ONLINE COURSES AND PHOTOS
15) RENT A SMALL STORE
16) CLICKBANK.
17) REAL ESTATE

1. Blogging

What is blog

A blog (shortening to "weblog") is an online journal or informational website, which displays information in reverse chronological order, with the latest posts appearing first. It is a platform where an author or even a group of writers share their views on an individual topic.

So you can make good money by writing a blog on any topic in which you have good knowledge.

2. Podcast

What is a podcast?
Podcasting is a free service that allows Internet users to pull audio files (usually MP3s) from the Podcasting Web site to listen to their computers or personal digital audio players. The term comes from a combination of the words iPod (a personal digital audio player created by Apple) and broadcast.


You can earn money by making an audio file of any good book or magazine and selling it.

3. INVESTING

What is the investment?
Investment is the act of allocating funds to capital for an asset or an endeavor (a business, project, real estate, etc.), with the hope of generating an income or profit. Colloquially, investing can also mean investing time or effort - not just money - with a long-term benefit, such as education or broadening your mind.


By investing your money on good platforms, you can also make good money as interest.

4. AFFILIATE MARKETING

What is affiliate marketing?
Affiliate marketing is the process of earning commissions by promoting other people's (or company's) products. You get a product that you like, promote it to others and earn a piece of profit for each sale that you make.

You can earn money as a commission by selling their products with any company.

5. RENT A HOUSE

If you have any vacant land, then you can make a good income by renting a good house in it and also make a passive income. You need to invest in it once. After this your income starts. So this is not a good idea of passive income that you can earn money in the form of rent by building a house, shop, or a library etc.

6. EBOOKS

What is EBOOK?
Short for an electronic book, an e-book or e-book is a book published in an electronic format. This allows instant access to a book by downloading it over the Internet. The book can be read on a computer, e-reader (eg, Amazon Kindle), smartphone, or tablet. An ebook can be published in various file formats, for example, plain text, PDF, rich text format, as image files, and others.


Today, Amazon is selling more e-books than hardcover books. So you too can make good money by taking advantage of this digital world by selling your e-book on Amazon Kindle.

7) SELLING PHOTOS on SHUTTERSTOCK
If you like photography, then you can also make passive income from it. You have to create an account on SHUTTERSTOCK and upload good pictures by clicking on them, you can also earn good money from it.

8. LEAD GENERATION WEBSITE
Another way to create passive income is to create a lead generation website. Lead generation websites exist to give referrals to local businesses.

So, let's say you've created a lead generation website that focuses on real estate. You use the site to educate people about home ownership. Or, you will educate them about real estate investing.

Within the site you have links where people can contact you to find out more. When someone contacts you, you refer them to a real estate professional in your area.

The real estate professional will pay you for the lead. This is a hot lead and not a cold lead, so professionals will be more willing to pay.

You can also earn money by advertising on your site. Note that to make the site a success, you have to understand the SEO (search engine optimization) rules. Getting your site to the top of search engine pages will be critical to success.

9. SELL ​​PROUDECTS ON AMAZON
Do you shop on amazon? Most of the world also does.

Do you know that you can sell your products on Amazon and have they shipped products for you? I have a really good friend who has done a really good job with it because he is selling his own products online for six figures per year.

10. DROP SHIPPING
With the explosion of eCommerce, drop shipping has become very popular. Here's how it works: You create an online store that offers products from some manufacturers.

A person visits your site and orders a product, and then your system sends the order to the specific manufacturer. The manufacturer then completes the order by shipping directly to the customer.

One good thing about this type of business is that you do not need to order inventory. The customer pays for the product; You collect profits, and the manufacturer stores and ships the products to customers. Its as simple as that.

If you are interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

They even have a 14-day free trial that you sign up for here.

11. CREATE AN ONLINE COURSE
Online courses can be a great source of passive income. Here's how they work: You create a value-packed online course that helps solve a problem or meet a need.

The course may include videos, e-books and emails with relevant information. Customers sign up to purchase the course, and your system automatically emails them everything they need to access the content.


You get money for the cost of the course you have created. A platform like Teaching can carry all the heavy weight for you while creating your course.

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