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11 The Little easy known ways of Best Passive Income

Introduction


Passive income is the holy grail of moneymaking. It's not easy to achieve, but it's possible if you have the proper knowledge and work hard. In this guide, we'll cover everything you need to know about passive income so that you can start earning yours.


This is the list of the Best 11 Passive Income ideas


The best passive income ideas you can start doing today!


Passive income is one of the best ways to make money online. It's a great way to earn extra income, build wealth, and create a flexible work schedule.

If you're unsure where to start with passive income ideas, this article will show you some of the best ways to earn from home.


What is passive income?


Passive income is money you make doing nothing. It's the opposite of active income, which is money you make when you're working.

The term passive income was popularized by Robert Kiyosaki in his book Rich Dad, Poor Dad. It has since been adopted by many people looking to make more money without getting another job or starting their own business.


1. Create an eBay Store.

  • Create an eBay Store

eBay is one of the world's largest online marketplaces, offering various new and used items for sale. Whether you're looking to buy or sell products from your home or as a business owner, knowing how you can make money with eBay by creating your own store is essential.

If you're looking for an alternative way to generate passive income while also having fun doing it—or simply just want some extra cash on top of your full-time job—eBay is worth checking out! eBay has been around since 1995 and has more than 1 billion users worldwide. The site offers several ways sellers can turn their passion into profitable businesses:


Selling vintage items through personal sales, selling new products in bulk through wholesale auctions, handmade goods through craft fairs, selling secondhand clothing at flea markets, and much more.


2. Sell your photos.

  • Sell your photos.

You don't have to be a professional photographer to make money from selling stock images—you just need a decent camera and some photo editing skills.


You can sell your photos on Shutterstock, Getty Images, and other stock photo sites or use a free stock image site like Pixabay. Just make sure you have the right to use the photos you post (this is especially important if they're commissioned).

When choosing which pictures to post on these sites, think about what people want in terms of content: Is it high quality? Relevant? Are there any trends in your niche that would make it more likely someone would buy from you than someone else? Helpful in solving a problem?


The key is finding out what people want so that when they come across one of your images somewhere else online (like Facebook), they'll click through and make an educated decision about whether or not your product is worth purchasing—and then actually buy it!


3. Earn dividends from stocks and bonds.


Dividends are a great way to earn passive income. They're paid out to shareholders, the owners of a company's stock. Dividends can be anything from 1% to 10% of the company's profits each year, depending on how much profit is available for distribution.


Dividends can also be paid in cash or stock; companies may pay their shareholders part of their profit as cash and more shares in their company, which means that eventually, you'll own more shares than before (and thus receive more money).


4. Peer-to-peer lending.


Peer-to-peer lending is another way to get a loan through an online platform. The concept is similar to how you might use LendingClub: You can invest in other people's loans, and they make money off the interest that you pay out on those loans.


The best peer-to-peer platforms include Sofi, Earnest, and Lending Club. They tend to be better for borrowers than lenders because of their lower interest rates—but if you have extra cash and are looking for a high return on investment (R.O.I.), it may be worth checking out these sites anyway!


If you're interested in peer-to-peer lending, start by looking at what kinds of loans are available through each site and how much they cost per month or year (most charge a flat fee instead).


This will give you an idea of what type of investor might want them so that when it comes time later down the line, we'll know where to search first before making any decisions about whether or not this would work for us as well."


5. Write a book (or eBook) and sell it online.

  • Write a book (or eBook) and sell it online.

  • If you're passionate about writing, this could be the best way to make money online. You can teach people things they want or need to know or create something valuable for them that solves a problem.

  • Write about something you know a lot about. For example: if you have an engineering degree but work in marketing now, write an eBook on marketing strategies for engineers!

Or, if you have experience in graphic design but have no formal training, write an eBook on how to start your own web design business on the side of your regular job!

  • Write about something in high demand and easy-to-sell products (i.e., not physical items). Ebooks are great options because they're easy to create and sell, giving people what they want!

6. Sell your own products online.


If you have the skills and the time, this can be a great way to make money. This is also one of the most challenging ways to make passive income, but it can be lucrative if you're good at it.


You need to create your own products that people want. You also need to find where those people are online, so they can buy them (this is called "marketing").

If you're not good at marketing or creating products, then this may not be right for you since it will take time and effort that could be better spent elsewhere.


7. Rent out real estate space online through Airbnb, V.R.B.O., and HomeAway


You can also rent out your spare room on Airbnb.

If you have more space, consider offering up your entire home to someone else for a short period.

This strategy will be incredibly lucrative if you're willing to let someone stay in one of your vacation homes. If nothing else, your guests are likely to leave behind an impression that keeps them coming back!

Rent an R.V. space if you have one available, or advertise it as R.V. parking only (and watch how many people come running!)


A boat or campervan would be another great option if you own one and want passive income without the hassle of renting out real estate properties like houses and condos.

If all this car talk has made you think twice about car ownership, why not rent out parking spaces instead? You could even offer driveways for sale if they're big enough!


8. Start a blog and make money from ads, affiliate marketing, and sponsored posts.


Starting a blog is the first step to passive income if you don't have an online business.

The next step is monetizing it. This can be done in three ways:

  • Advertisements on your site. If you have a large audience, advertisers will pay you to include their ads on your site and/or around the content they're interested in promoting. The more traffic your website gets, the more money this will potentially make for you (but many factors determine how much). You can also try advertising affiliate products or companies willing to pay for sponsored posts on social media platforms like Facebook or Instagram so that people see their products when they scroll through their feeds – but this requires a lot of effort beyond just making sure your blog looks good!


9. Open up a drop shipping store with Shopify or BigCommerce to offer affordable niche products to your customers.


Drop shipping is a retail business model where the retailer doesn't keep inventory in its warehouse but instead uses a third party to store and ship goods directly to customers. For example, you can use a drop shipping service to buy products from Amazon (or elsewhere) and then have them shipped directly to your customer.

You can start your dropshipping business by setting up an online store using Shopify or BigCommerce. Shopify is more expensive than BigCommerce but has more features, high-quality themes, built-in SEO tools, analytics, and more.


BigCommerce does not offer the same level of support as Shopify but will give you access to affordable niche products that are hard for others with fewer resources at their disposal (like yourself).

Once set up on either platform, find niche products that people want but aren't available locally in their area, e.g., face mask kits from Japan or children's books written by local authors (more detail here). Then market these items through Facebook ads, only spending money when someone clicks through on one of those ads they saw in their newsfeed, which takes them straight into your store!


10. Re-selling items.


As a final note, it's important to note that re-selling items is a great way to earn passive income. However, you should first make sure to check out the competition and find a niche that you are passionate about.


You'll need enough money on hand so that if someone does purchase an item from your store, they can get their money back as soon as possible! Once you've settled on what type of items you'd like to sell, look for places where people might be willing to buy them.


11. Put your music on iTunes.


There are a few options to make money with your music. If you're an independent artist who doesn't have a label behind you, selling your songs on iTunes is one of the best ways to make money.

As far as how much money you can make from selling your music on iTunes, it's hard to give an exact answer since it depends on the popularity of your songs and what kind of royalty deal you have with Apple Music (and other services).

But if we look at the most famous artists on Spotify - like Drake - then we can see that they often earn around $6 million in streaming revenue from every single release (although this number can vary wildly depending on factors like popularity and fan base).


There are many ways to earn passive income ... so pick your favorite ones and get started!


There are many ways to earn passive income - the money you don't have to work at directly to keep getting it. It's not an easy task, but it can be gratifying if you put in the time and effort. Here are some examples:

  • Investing in stocks or bonds on the stock market

  • Renting out property or equipment that you own (like a car or boat)

  • Providing services for others (such as tutoring or graphic design)


Conclusion


If you've been thinking about starting a business but don't know where to begin, passive income is the perfect way to get started. Using these ideas as inspiration, you can make money while doing something you love and have fun with it!

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