You could be feeling annoyed by tones of information out there recommending, "How and Where to begin earning your 1st passive income", but you are always ending up searching for nothing much informative about or an uncertain outdated articles out there.
So, why our article is different than other website or videos? Simply put, I assume that all of you would want to earn more money easily without having too much hustle, isn't that right?
Are you one the group that who want to earn more than what you can, right now? Don't worry, I feel you and I have been there before too.
Well then, what can we really do to increase our own income? I always believe that no matter "Who we are", "What we are doing", "Where we at", "How hard our live is", and no matter at "What age we are in right now", we all deserve to earn more than we are right now.
Thanks god that we are still living till today, and we must appreciate that we survive again for another day. Though life is short, we can't predict what is going to happen for the next moment, so here are the best passive income that everyone was waiting for, earn you money even when you are sleeping or even when you are working as an employer.
Here Are The TOP Successful And Sustainable Ways To Earn Passive Income Online From Zero to Hero At Home In This 2019:
#1: YouTube:
The reason why I am listing Youtube as the number #1 best passive income are due to its most logical reason, which you must agree with me that everyone is now going to have a smartphone, no matter how high tech your smartphone is, they still have the camera options to capture any kind of videos.
Speaking of videos, back in the days you must know that YouTube is just a platform where you can only upload and store your videos there either for private or public. Now you can even monetize your YouTube videos by sharing it up the internet, so that the public can enjoy watch your interesting and unique videos or any content.
Because YouTube is the 2nd largest search engine in the world and is the first choice of online video storage platform, this indeed benefit tones of traffic or audience just like you and me, totaling at about visitors of 30 million per day. To pile up the benefits, while you are uploading your video into YouTube, it can even go viral pretty easily when your video's content is very funny or special.
Furthermore, if you are not doing so well in a much more professional or expertise fields, where most often requires you to have Certification, Diploma, Degree and Master Degree in order rates our qualification based on a piece of paper. But this is now your time to shine all thanks to YouTube's ability to generate your first passive income online can indeed suits anyone who know about anything as long as it is a skill that is presentable, enjoyable, funny, help to solve problems and much more.
So, even if you Don't have a computer? Don't have any money to begin with? Then just start recording a video using your smartphone now, can allow you to start your passive income stream right away. Read here for more legit earnings and breakdown of YouTuber's income.
To understands more, you need to follow the YouTube's guidelines and rules here while making your YouTube videos.
#2: Blogging:
The reason why I don't put blogging as top #1 is because not many people really want to write a tones of words and articles, might be afraid of grammar mistaken, mis-spelling, and tones of things to embarrassed about while writing and publishing a blog post. But if you are one of the person who like to get in touch in language form no matter, speech, typing, or reading, then you are very suitable to start making a blog website for earning the passive income now. But if you are not, then if you like to speak or talk about your experiences, where you can now even use free Google "Speech-To-Text" tools online, by converting your voice into text/words. After that, it is pretty easy that you can post your words without even typing, but of course you need to touch up a little bit such as the title, table of content, summary and links, in a much organized way before publishing it.
Most people would need to have a computer to start typing or making a blog or website, so it can be a bit cumbersome when compared to making videos in YouTube. What you need to learn in blogging industry is, you need to have basic computer literate, some basic in HTML code, a bit of Photoshop skill, and that's it. These skills are very easy to learn, because your Lecturer is going to be Free and can be learnt inside YouTube videos easily.
Just search for the tutorials about, "How to start making a blog? "Tutorial for HTML code", and "How to use Photoshop?". This is a very easy skills to mastered if you really want to learn, since when I can make it, almost 80% people around the world can do this. If not, just go back to start making YouTube videos, OR else get someone to help you with your blog development, and remember to find a trustworthy person especially if this is going to be your huge income. Pretty easy right? Still don't believe me? Here are the income proof and how much money they made from blogging full-time.
#3: Facebook:
This is the most interesting and personal social media platform for everyone. As long as you want to connect and find a friend, here is the easiest way to network with your family, friends and business easily. Since our purpose here is to make a business page for passive income, then you need to focus on how to make videos, reason is the monetization in Facebook is quite the same as YouTube, as they are only focusing on Monetizing your Facebook Videos. The monetization simply placing advertisement on your videos, which is known as Facebook Adbreak. The Adbreak is program like Google Adsense, where you can make money as long someone watches your video whenever an Advertisement appears inside the video.
Since Facebook Adbreak is just newly launch within 2018 till present day, we had yet to witness huge feedback based on the one who use Adbreak to monetize their video. However, we manage to get to know various YouTubers who had post about their first interesting earning of Facebook Adbreak here. They had comment about their earnings in Facebook which is some what a bit higher than their expectation when comparing to YouTube Adsense. As long as you can get more views in Facebook's Video, then you can earn as much as you want.
The tips to earn more in Facebook is pretty easy, just post videos no matter is trendy or evergreen videos, as long as they are very special, unique, funny, entertaining, & useful to your audience, they will be shared out to the public very fast, as this will leads to Snow-Ball Effect especially when large following of audience is going to share most of your videos.
#4: Amazon: Kindle Direct Publishing:
Back to writing again when comparing to blog post writing, this is a little different because you are now writing a book in order publish them for sale. So you can earn directly as much as 70% royalty by publishing it in Kindle if sales were made, and millions of reader is going to have the chance to reach out purchasing the books from you.
Even you can now go paperless and it is environmental friendly by publishing it in electronic Book (e-Book) format, and there are tons of publisher now who are earning thousands of dollars a month by just selling their e-book passively at Amazon Kindle. So you can now even make money while sleeping just selling your useful e-books.
However, there are people who are too lazy to write ebooks and may not know how the formatting was, then the best way is to hire a ghostwriter, since you pay them, they will help you to write the e-books you want. That can be a bit pricey though, because writing a book can take as long as 6 month to complete, but you can negotiate the price with them here.
Click here for the Amazon Kindle's Store on how you can publish your e-books. And also don't missed the income proves of e-book publishing in Amazon Kindle.
#5: Drop Shipping:
It is everyone's dream to own a shop and sell items around your location. However, owning a shop is like having to invest with significant amount of upfront money before you can start selling the products you brought.
Ordering inventories may required huge capital to invest upfront, even though it is very cheap especially when you buy in bulks, but still you need to ensure the product bought is able to sell and need a place to keep it as well.
However, it is completely the opposite when you are using drop-shipping method, as you just need to just setup the image and description of the products and open to sell them at (Amazon or Shopify.com) e-Commerce store easily, then when customer is ordering the items they want to buy, you just ask AliExpress, your supplier (China e-Commerce) to ship the item to "US". But customer is required to wait 2 to 3 weeks for the ordered item to arrive since product are from china. Another down side is that they have slower tracking system, and when tracking redirects to china website where the language barrier is going to be a struggle or headache especially for "US" buyer.
There are few tips here is that you can filter or sort as "shipping from US" & "Domestic Delivery" & "Free Shipping" in AliExpress, means the original items had been shipped to US as inventory by the seller already, thus that are much more recommended items to be chosen for this drop shipping passive income because the speed of those item will arrive to US customer at faster speed without leaving your customer waiting impatiently. Still, there are tons of customer who don't mind waiting for longer period or atleast 30 days to get their items and even willing to give you a good reviews when their item has arrive.
So the earning is going to be your profit using formula as shown:
Earning (Profit) = Selling Price (Amazon) - Prime (Ship Faster) - Original Selling Price (AliExpress);
Earning (Profit) = $100 - $3 - $80;
Earning (Profit) = $17;
If you have more and numerous product to sell in US, then with only 10 item purchase a day, you can already profit at $170 using this drop shipping method. Not sure about the earning? Here are the sample of earnings proves for those who had success in drop shipping.
#6: Selling Stock Photo (Passively):
You got a photography skills often getting praised by your friends and families? Congrats to you that now you can utilize your photography skills to earning passive income stream on the internet. Moreover, smartphone now a days can work as great as a camera, click here to find out more about the comparison of smartphone's camera versus the actual camera.
Shutterstock is known as one of the most favorite mind-blowing earner by selling your stock photo at this marketplace according to the successful photographers, then followed by istock, dreamstime, fotolia, 123rf, bigstock, and pond5. The average earnings of photographers by selling stock photo is at about $300-400 US Dollar per month.
Afraid that you are not a great photographer? Here are much more tutorials about how you can capture a great stock image based on the benefits of customer's requirement during every seasons, events or huge festive time. The expert tips can helps you to determine what kind of stock photo that sells more and being required importantly when related to the various kind of niche/ industry/ business of the buyers.
#7: Selling Your Video (Passively):
This a bit more similar than selling stock photo, the only difference is the format is in video. Similarly the most favorable stock video selling marketplace is again, Shutterstock, then followed by pond5, videoblock, and depositph. The yearly income can be as lucrative as around $1000 dollar from selling the stock videos.
Another marketplace that also a huge marketplace for selling videos are known as, Jukin Media, Storyful, Licensing Go Pro and Viral Hog. You definitely heard about the big Youtube channel called FailArmy, they are brand owned by Jukin Media. Thus while getting tones of exposure in YouTube, when your video is going to go viral and more social media creators are going to buy the license from you through these digital marketplace, and good news is that you still own your content even-though you sold it.
Taking photos and filming videos indeed requires you to go out much more often for capturing scenes, before they turned into passive income stream. If you like adventures or traveling, both selling photos and videos for earning passive money is going to suits you very well.
#8: Udemy Course:
Do you have any skills you can help others to solve their problems? If Yes, then you are one step closer to earn your lucrative incomes by filming videos and upload it to Udemy website for selling as a course to help anyone who are interested in your expertise topics.
I had seen many who had build their followings through YouTube, Facebook, Blogging and etc social media, who then promote their courses that they uploaded at Udemy and can helps their audience in respective social media accordingly. This indeed brings in traffic from various social media into Udemy course to help their audience and able to makes a living through this method passively.
If you have a secret skills you want to sell, sell it at Udemy marketplace to spread the helps around the world without having to give out all the secrets that you had work hard for freely to anyone. There are instructor who manage to sell 50 courses, and they had few courses which gain tones of student enrolled, nearly 10,000 or more. With that number of students enrolled, they can earn up to $100,000 passively or more.
If you have a secret skills you want to sell, sell it at Udemy marketplace to spread the helps around the world without having to give out all the secrets that you had work hard for freely to anyone. There are instructor who manage to sell 50 courses, and they had few courses which gain tones of student enrolled, nearly 10,000 or more. With that number of students enrolled, they can earn up to $100,000 passively or more.
Despite having to tell you myself that which of these 8 passive income suits you better, I think you can quantify that much better yourself. But, I'm still going to give feedback to any of you if you want to understand more, just leave a comment below, so that I can help you out.
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