In today’s modern, technological and materialistic world, everyone is in the race to earn more and more money. Everyone has dreams and wants to fulfill them. Sometimes it gets hard to have all of your dreams from the pay that you get at the end of the month. Earning money isn’t that much easy. It requires time, money, skills, and sometimes all.
But, need not worry. Passive earning can help you build your empire. Earning money passively is the way to be your boss. The 21st century is the era of technology where one can earn money passively by setting in the courtyard and can be the supporter of their family. It sounds crazy but the reality is that you can start passive earning with zero investment, like starting a blog, working in the online store, or writing an eBook, etc. It only requires your precious time and commitment.
As far as my personal experience, passive earning can hasten your earning remarkably. In this blog, I will tell you the best possible ways of earning passive income.
Here is the list of best possible ways of earning passive income
In this technological world, blogging is one of the best options to earn passive income. It only requires time and consistency. You can have access to your blog anywhere in the world and can earn money. You only need to update your blog with some engaging and fresh content anytime in 24hrs. But, it takes time and you have to be patient.
Neil Patel is a blogger from London. He started his first blog when he was 16 years old, but it was not a good one. He started another by the name of Crazy Egg. He continues his hard work and never looked back. Over time, he was nominated among the top 100 entrepreneurs below the age of 35 by the United Nation.
2- Writing an eBook
Skills are the key factor to earn more and more money. So, if you can speak and write you are the richest person in the world. Writing an eBook is the best option for a person to earn passive income. These are the ways where you can earn with zero investments. You only need to have a solid and engaging topic that touches the audience’s interest. Your writing will bring traffic and that traffic will be the cause of your earning.
Amanda Hocking is a fictional writer who publishes her first novel on Amazon. That became the bestselling novel. But, the road to best selling was not that much easy. She was rejected so many times but never loses hope. Finally, after publishing Vampire Novel results in her golden sparrow. So, not to lose hope but to stand firm.
3- Start your Own Ad-sense website
Another way of earning passive income with zero investment is through starting your website. You only need to have some interesting topics or daily happening and upload it to your website. There should be no copy-pasting. You have to use your thinking and language skills. As I mentioned above, you have to be patient it will take time.
When you get the traffic, you can simply apply for a Google Ad-Sense account. Once it gets approved, Google will display random ads on your website. You will start earning when people visit your website and click on ads. It is indeed the easiest way to earn passively.
4- Start a YouTube channel
Skills, as I mentioned above can make your living easy and comfortable. Now, here I am talking about the YouTube channel that can be your passive earning with zero investments. How? Again I will say if you have a skill of any type that you think can be fruitful and can touch people’s interest, start a YouTube channel. Upload your videos on daily basis and be patient with your earning.
YouTube channels like PewDiePie, BlueXephos, and Smosh, etc did not earn from the starting days, but it is because of years of hard and consistent struggle that they are now on the top of the list. These types of works are time-consuming but effective later.
In the 21st century, technology brought everything to the doorstep. It only requires your startup and continuation and consistency. You can have passive earning by selling your photography. If you have photography skills, then you should use your skill and earn money.
Steve McCurry is one of the best photographers of 1984. He was a freelancer for over 10 years. Later on, he decided to travel to India. From India smuggled to Pakistan. McCurry produces some images from the conflict in Afghanistan and those were the starting point of his dominance in photography in the world.
6- Sell products
Another way of earning money is through selling different types of products. You can have your online digital shop and can sell different types of digital accessories like eBooks, graphic designs, and many more. Again, I will say that it needs time and over time you can earn in bulk.
7- Affiliate marketing
Affiliate marketing is another way of passive earning. In this, you will have to be part of a company. You will have to take their products and sell them to the customers. In return, you will get your commission. At the start, you will have problems but every problem has a solution. Over time, you will have your sellers and can earn double, thrice, and many.
Pat Flynn started affiliate marketing in 2008 when he was fired from his job. Later on, he started his own website where he got an offer to sell eBooks and will take his commission. After a year or two, his monthly income became $6000 to $8000. Over time, in 2013 his income became $40000 to $50000 a month. Today, he is one of the top affiliate marketers around the world.
8- Videos editing
Last but not least to earn money passively, Video editing is a skill that is in high demand in the market. So, if someone has video editing skills, then he can make it an earning source. You can use an online platform for video editing where you will offer in the best possible way.
In the conclusion, passive earning can help you in getting your earning to the next level. All of the ways that I have mentioned above require zero or minimum investment. But, the only thing it requires is your will, time, consistency, and patience.
As far in my view, blogging, own a website, and writing an eBook is the best option for passive earning. Why? Because, first of all, it requires zero investment. Second, you can learn the bulk of vocabulary and which enhances your writing. Lastly, you will be a part of daily happening in society.