10 Best PASSIVE INCOME Ideas In 2020 (Make Money Online)
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10 Legit Ways to Make Passive Income Online
Hey everyone and welcome back to Top Entrepreneur
Making money online has become the ultimate goal of every person these days, and literally, there are a lot of ways to earn active income online, but due to the active nature of these jobs, they require consistent effort and hard work. Now you must be thinking that what the smartest alternative in this situation is? So here we are again with the smart ways for you to earn money that is just not for the moment, but is rather a lifetime of an investment.
Today we are going to be talking about Top 10 Legit Ways to Make Passive Income Online. (The topic of the video)
Make sure you stay until number 1 as you do not want to miss what this method is! (Change according to the topic of video)
NUMBER 10: Stock Images Selling
Stock photography is a great revenue-generating method. You can carry on selling your photos while continuing your passion of photography without being into a hustle. All you need to do is to list your photos for sale on some of the big and small stock Images websites where there are thousands of sellers waiting for good pictures. In this market, good images are always in demand. So, why should doubt your skills, there is a bright chance that your photo might be one of those bought. Some of the websites where you can list your photos include Envato Market's PhotoDune, Alamy, Crestock, Shutterstock, etc. There is almost 50% to 60% of earnings per download or sale the websites manage to get which is valid if there is no effort involved. So if you are someone who loves to take a lot of photos or is a photographer by profession then this is the best method of making passive income for you.
NUMBER 09: Make a YouTube Channel
This one is by far one of the most famous methods of making passive income online. It is just that it is a little time consuming so, many of the people give up during the journey. But let us crack the code for you people today. We hope that you are aware of what it is like to open a YouTube channel. However, there are some aspects that you need to keep in view. Firstly, the niche you are choosing is very important, not only should it be relatable but also global. Since generating revenue on YouTube is dependent on both the number of viewers you are getting and the country from where the viewer’s belong. Views from Middle Eastern countries do not get you much money but views from countries like the USA can indeed boost up your income. So that is why your niche and language of communication should be something of global reach. Secondly, you should be regular. Lastly and most importantly you should keep promoting your channel. I hope these tricks will help you achieve your goal of earning money through YouTube.
NUMBER 08: Affiliate Marketing
So, here we are with our NUMBER ONE method of making passive income online.
NUMBER 07: Sell an E-book
The number one and the easiest way to make some passive income online is to launch an e-book.
NUMBER 06: Blogging
Now, Blogging is one of the oldest and most conventional methods of earning passive income online. But to make the best out of this method you must keep in view some aspects.
NUMBER 05: E-commerce Business
In this era of digital advancements starting an e-commerce business could never be a flop idea.
NUMBER 04: Drop Shipping
Starting, your business with a zero investment and a zero contribution is what drop shipping is. Yes, you might be surprised but that is right.
NUMBER 03: Sell an Online Course
Number five on our list is to sell an online course.
NUMBER 02: Android Applications
Developing, designing, and selling an online application is one of the best ways of making online income.
NUMBER 01: Sell on E-bay
Okay now, this may sound a little off-track, but you might have heard the famous saying that one man’s trash is another man’s treasure.
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