When someone is looking for an opportunity to earn extra money, they are often advised to find a temporary part-time job. However, what if you don’t have the time or energy to do it? In this case, you need to find a passive income – earning money with a small investment of time and effort on your part.
Make videos for YouTube
This sphere is developing very quickly. You can shoot videos of any category – musical, educational, comedy, film reviews – anything…and then post it on YouTube. Then you can connect Google AdSense to these videos, and they will be automatically advertised. When viewers click on this ad, you will receive money from Google AdSense.
Your main task is to create decent clips, promote them in social networks and maintain sufficient number of them to ensure your income from several clips. It’s not that easy to shoot and edit a video, but after that you’ll get a completely passive source of income that can serve a very long time.
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Try affiliate marketing and start selling
This is a passive earning technique that is more suitable for owners of blogs and active websites. You can start promoting any products on your site and receive a fixed fee or percentage of sales.
Earning in this way is not as difficult as you might think, because many companies are interested in selling their products in as many places as possible.
You can find partnership offers either by contacting manufacturers directly or on specialized websites. It is best if the advertised product or service is interesting to you or corresponds to the subject matter of the site.
Make your photos bring profit to the web
Do you like to take pictures? If so, you can turn this into a source of passive income. Photo banks such as Shutterstock and iStockphoto can provide you with a platform for selling photos. You will receive interest or a fixed rate for each photo sold to a customer on the site.
In this case, each photo represents a separate source of income that can work over and over again. All you need to do is create a portfolio, upload it to one or more platforms, and your activity will end there. All technical issues of photo sales are solved with the help of a web platform.
Write an e-book
Of course, this can be quite a laborious process, but when you write a book and place it on the marketplace, it can provide you with years of income. You can sell a book on your own site or enter into a partnership agreement with other sites that are suitable for the book.
Write this book and get an author’s fee
As in the case of writing an e-book, you’ll have to work here first. But when the work is done and the book goes on sale, it will become a completely passive source of income.
This is especially true when you sell a book to a publisher who will pay you a sales fee. You will receive a percentage on each copy sold, and if the book is popular, this percentage can be a solid sum. In addition, these payments can last for years.