Everybody wants to make a huge amount of Lazy Income or the income with either less or without any efforts forever.
But is it really possible to make money without any efforts?
Well, The answer is a big yes, And it’s possible with the passive income sources.
Hi, I’m Suraj Pokhrel Founder of BeBloggers (This Site). I’m really quite lazy since my childhood. And since then I wanted to earn a huge amount of money but without doing any hard work or without working for others because I wanted to start my own. And at that time, I was completely unknown about the fact that it was possible to make money with lesser efforts on my own. So, for making the effortless income I started researching on different platforms like search engines, Social media e.t.c. And finally, I found some of the Passive income sources through which I am able to earn some amount of income till now and run my day to day life. So, here I’m going to share with you the 10 best passive income ideas that will actually help you to earn money in 2019 is working for me too.
So, I hope these ideas will help you a lot to make a huge passive income. But before sharing those gold-digger ideas first I want to make you clear that what actually the passive income is:
- 1 What is Passive income?
- 2 1. YouTube channel as a passive income source
- 3 2. Starting a blog for passive income
- 4 3. Generate passive money by creating a Facebook page
- 5 4. Affiliate marketing passive income source
- 6 5. Drop Shipping for passive income generation
- 7 6. Selling E-Books and online courses and generating income
- 8 7. Investing in Cryptocurrency best passive source of income
- 9 8. Selling stock photo or a stock footage
- 10 9. Giving Home or vehicles on rent & earning passive money
- 11 10. Giving money on interest and making passive money
What is Passive income?
These are the source of income in which you don’t have to literally get up and do something all the time to create it or make it happen.
But, that doesn’t mean you don’t have to do even a single work. If you think so, then you are wrong. Actually, to generate passive income, we’ve to bundle our labor for a certain period of time so that we don’t have to do it again and again in the future.
We do have to work on it but not much as compared to active income. And This is the reason why it’s called as passive.
So, here are our top 10 passive income ideas for 2019 and among them, some needs investment and some doesn’t.
1. YouTube channel as a passive income source
YouTube is a truly exceptional platform which allows craters all over the world to share their ideas and work with the public.
Major YouTube channels make a profit from their videos and its a decent amount of money.
So, to earn money from YouTube, you first need to open a YouTube channel and upload the videos on a daily basis. And once you reach 1,000 subscribers and 4,000 hours watch time ( Minimum requirements to monetize/run ads on youtube) you will start to make money.
It depends completely upon you that what shorts of video you want to upload. It can be funny videos, tech videos, Beauty related videos and so on according to your interest/tallent.
But it takes some time to fulfill all these criteria given by YouTube. And You can start it for Zero investment, what you need is a camera which you may already have on your smartphones to shoot videos with some of your time and patience.
And the reason why I kept YouTube as a No.1 Passive income source is that it doesn’t need any investment during the startup & also everyone can earn through this at the short period of time. So, It would be great if you start this from today onwards.
2. Starting a blog for passive income
Blogging is also another major passive source of income. You can earn
First thing you had to do in blogging is to establish your blog on WordPress and write some meaningful posts. Once you publish your blog posts and it gets the higher rank on google or any other search engines & starts to drag visitors, you will be making money lifetime through it.
Small guides on how to stars blog
To start a blog you first need to buy a premium domain name, hosting and a good looking WordPress themes.
Once you did this, you had to write about 50 to 60 helpful articles and apply for Google AdSense. After it gets approved by Google AdSense and starts to drive traffic you will start to make decent amount of money.
Not only from Google AdSense but also you can earn money from Affiliate programs with the help of your blog.
There are many Bloggers who make $14,000,000 per months from blogging which you can search on google is you don’t beleave me.
3. Generate passive money by creating a Facebook page
Now, Facebook has also become the source of income for many peoples of the world including me too. You can now make a huge amount of money online by running a Facebook page.
So, to make money from Facebook you first need to create a Facebook page and upload a video in it as on YouTube. And once your page gets 10,000 followers and 30,000 views then you can apply for monetization and earn a decent amount of money.
Facebook pays you money by serving ads on your video. If viewers on your Facebook page click that ads then you will be able to make money.
Therefore, If You don’t know how to earn money from the Facebook page then you can simply visit here and take help from this article.
4. Affiliate marketing passive income source
You may or may not be familiar with the term affiliate marketing, so to clarify what exactly it is(affiliate marketing), let me explain it to you in a simple way so that you can understand it better.
What is affiliate marketing?
Affiliate marketing is the process of earning commission by promoting other peoples product or services on yours. And the product or service can be of any person, company or organization like Amazon, Flipkart, Alibaba e.t.c and so on.
A small guide on how to do affiliate marketing
For doing this you will be provided with so-called affiliate links. And to earn money you had to promote those links in different platforms such as social media, your YouTube channel or from your blog.
So, to do affiliate marketing you first need to have an audience with you so that you can promote those affiliate links.
And once your friend’s, users, or visitors visit that link and buy some products from there, you will be provided with a certain amount of commission as per company rules.
There are many affiliate marketers who are earning $213,212+ of income every single month. You can also see the earning report of best affiliate marketer of the world from here.
5. Drop Shipping for passive income generation
Drop shipping is a retail fulfillment method where the store doesn’t keep the product that sells in the stock which means it allows you to sell the products on your own store without having to purchase large quantities of product in advance.
Drop shipping has become a major passive income source for various people in the world.
You can build a six-figure income with just the investment of $100 monthly through drop shipping that can pay you huge dividends with not the only minimal risk but actually minimal efforts as well.
You may think of how is that be possible? But, it is possible and I have my own years and years of experience in this field. During the startup period, I don’t even have single cent’s with me but now it has converted into a life running income.
And now the major income of mine comes from affiliate marketing & drop shipping. And the most interesting thing is that I don’t even spend an hour on it. But, I had people working for me.
Here, my intention is not to make myself a hero by telling you my income. But I want to motivate you by sharing it so that you can start it up today without carrying any fear on your mind.
But, Before starting drop shipping, you need to know all about what dropshipping is in details because you may not be familiar with this. For more clarity, you can go through the picture given above on top of this.
How does drop shipping works?
- Step 1: Costumer place the order on your website.
- Step 2: You receive that order and send that order to the supplier with customer shipping information
- Step 3: Supplier receives the order, on their end packages and ships order to your customer on your behalf. And the liar sends you the tracking information.
- Step 4: You alert the customer that their order has been shipped and supply them the tracking information so they can keep tabs on it along the way.
- And the most interesting thing about this is that you will be invisible along the way.
6. Selling E-Books and online courses and generating income
Now you can create your own E-Books and Online courses and sell those to the online E-Books stores like Amazon Kindle Direct publishing, Blurb, Lulu, Smashwords, BookBaby e.t.c. Also, you can sell those e-books on your own blog if you have a nice audience and earn huge passive money by selling them.
It depends upon you that what kind of books you want to publish about. It can be either of business, blogging or any other things like Beauty Related Books, Books about Jokes, food books e.t.c.
And let’s talk about earning. Your earning depends upon the cost you set for your books, what your books are about and how many stocks have been sold.
It may also depend upon you that what price do you want to set for your courses, it can be $20, $30, $40, $100 or so on according to your mindset.
How do I earn money selling e-books
When your books get published and the sales begin, you can earn money continuously even while you are enjoying the holidays with friends or you are on the world tour, no matter where you are and what you are doing. The money is yours and this is the benefit of investing your time in a passive income.
From here you can understand that only you need to struggle hard at the time of writing it and once you complete that rest of the life is yours.
7. Investing in Cryptocurrency best passive source of income
Nowadays People are Making millions and billions of money from cryptocurrency like bitcoins, light coin, Ethereum e.t.c.
There are many trusted websites on the internet where you can invest in a cryptocurrency or do bitcoin mining.
What is bitcoin?
A bitcoin is a virtual currency or virtual money which is in a computerized /electronic form and has some specific value like real money. But this doesn’t have any material form like a metal or a paper so this is an e-money.
The value of bitcoin while the post was updated is 1 Bitcoin = 5564.08 Euros which is huge.
But before mining Bitcoin or any other cryptocurrency, you first need to research for that in detail because there are many frauds done in this field. You can mine your bitcoin in this website.
8. Selling stock photo or a stock footage
Nowadays, multimedia has a great impact on our lives. We love seeing high-quality photos, videos, and graphics anywhere, whether on Facebook, YouTube, Blogs or any other platform, as it takes our projects to the next level.
I love the images too and always try to put the best images on my blog to make it more attractive so that handsome and beautiful visitors like you will love it.
Who doesn’t love the images on their post? Even I do and also you do. I love to put images on my blog. But sometime I can’t find the images meeting the standards of my blog. So, due to this reason, I had to buy some stock photos.
And the image on the top of this post is the best example of the stock image which I had bought recently. And do you want to know it’s price?
You will be socked listening to the price for that image. I paid $70 for buying that simple image.
I also had met the photographer who makes $10K per months by selling the images online and runs his family who is my relative. This means there is a huge benefit on this business.
Guide on how to earn money selling images online
So, to start this you need high-quality cameras which you can get it through the Amazon. After you buy a camera you can click some high-quality images of Birds, animals, flowers, the sky, and so on.
The good thing about it is you can do this work whenever you want. There are no criteria for doing this job like a regular 9 to 5 jobs.
9. Giving Home or vehicles on rent & earning passive money
All the ideas given above were only possible online with the help of internet. But, what if you are far away from technology or you don’t know to use them properly or don’t have any ideas to do those.
Well, after reading all these ideas given above you may have learned something little knowledge about doing online business. But, some of you may not like those and want to make passive income offline too.
So, not worry, there are some other offline ideas through which you may be able to make passive income.
So, for Earning passive money offline you can give your home or your vehicles like motorbikes, car, plane e.t.c for rent.
By doing this you will be earning money every single week or months without doing any single work. And I also had done this and make $1000 each and every month from my home rent.
So, home or a vehicle rent is a best offline passive income source which you may have neglecting or you were unknown about this before.
10. Giving money on interest and making passive money
Are you putting your money on a piggy bank or on banks in the name of saving?
If so, then you are committing the greatest mistakes of your life which I also have done earlier. You are neglecting your No 1 profitable business by doing this.
Most of us think that we are saving money by putting them piggy bank or a bank.
But, is it good to save money on a bank? I don’t think so. Because by doing this you are losing your money instead of saving it.
If you put your money on the bank then they will provide you with less simple interest. But at the same time if you give your money on interest to someone personally then there will be a chance to get double money on the return or you can take interest according to the contract you sign with them.
These means giving money on interest to someone personally is a better option than putting it on piggy banks or banks.
In this process, you already need to have some money before giving interest to others. I know, I should not extend it in more details because you may already be familiar with this one.
In this business, your basic funding and the interest rate on which you give money to others determines your income generation rate.
Remember, if you give your money on simple interest than you will only earn less amount but instead of it, if you give your money on compound interest then you will get more interest from the same amount of money.
So, thanks for reading this whole article if you love this please leave your comment below & Also don’t forget to pin it on Pinterest. Thank you