Asked on 30 Nov 2019
What are some good side hustles that I can get involved in that would allow me to earn passive income?
Digital content scales well for such a purpose since it does not require you to be awake to earn.
Start a blog and earn via affiliate commissions/ads/sponsors
Start a youtube channel and earn from the ads
Launch your own e-commerce store
Beyond that look at:
All such income sources will require a bit of homework to set up or start on, and usually a starting capital as well, but if executed well, will give you decent income while you sleep.
Dividend stocks, royalty from books, photos, ads from website, YouTube, downloadable content and purchases
Here is everything about me and what I do best.
For me owning good dividend stocks and bonds allow me to earn passive income while i sleep. However, these will definitely require you to have some form of capital first that needs you to have it via active income.
To earn the capital, I do side hustles such as selling stuff online via various ecommerce websites.
Here are some of the websites that i used before to sell stuff online to make side income
11 Apr 2020
If you have a decent amount of following on Instagram, you can consider posting content such as IG posts or stories for brands. Depending on the campaign's budget and the brand, they ocassionally have decent payouts!
An online business and probably something that pays royalties.
Side hustles are usually very active in nature. It's a part time job or something you do on the weekends.
But if you build a sustainable online business or co-write a book or have a patent designed and sold, or even modeling and having royalties paid for using your photos would be able to give you a passive income.