Did you know that you can actually earn passive income online? Yes, that’s right. All you need is a computer or a Smartphone with an internet connection. So, in this guide, I’m going to show you 10 legit passive income ideas that you can actually make some side money or if you are really serious, some good moolah! Amazing right… On some of these websites, you can earn up to $100 or more per day, and the best part is that you don’t have to give up your 9-5 day job. Actually, you can earn that money by working in your spare time. So keep reading my “passive income ideas” guide till the end.
Who Am I?
Hi, my name is G Pall. I quit my 9-5 day job and started building a career in online marketing. In the beginning, this path was not so smooth. I became indebted and failed to support my family.
I started CPA marketing in the early days of online marketing. But it did not give me the desired success. After a while, I started creating digital info products in a small marketplace. There too I failed to achieve success due to some adversity.
But I did not give up. I have been researching various aspects of online marketing for about 6 years. In the early 2020s, I focused on affiliate marketing, which inspired me. I started with the low ticket affiliate program but later I worked with the high ticket affiliate program and it brought me the desired success.
At this moment, I’m an independent Online Entrepreneur and 6-Figure affiliate marketer.
Wondering how I made it happen?
At the end of 2020, I’ve joined an Entrepreneurship Educational Platform that amazingly changed every aspect of my life. Most importantly, it helps me to make $1000/day from affiliate marketing…
If you have the slightest interest in it, I can show you a 5-minutes video that can change your life too.
Ways To Make Money Online
There are two ways to make money on the Internet. The first way is active income that is like your normal 9-5 job. You get paid only for what you do now. If you don’t work, you don’t make money.
The second way is passive income. This is my favorite method. Because you only work once in a job and income will keep rolling. You probably don’t have to do more than to promote what you did, in some cases what others have done.
Now let’s get into the main topic. Here I’ll explain the 10 legit passive income ideas you can start in 2021.
1. Upwork:
Upwork is a freelance website. Here you can make passive income. Businesses and individuals provide outsourcing services to Upwork, including article writing, video editing, app development, and coding. Actually, Upwork has many jobs and services. Beauty is a low threshold that people have to approach. Are you really good at any of the services? Then you are good to go.
When there’s something you’re good at, like graphic design, coding, or other skills, go to Upwork and start making money. If you plan to work with Upwork, create a solid and nice profile.
This greatly increases your chances of getting a job offer from potential buyers. Showcasing your best work or highlighting a specific experience will help you stand out.
2. YouTube:
Not many people know about this, but you can actually make money on YouTube. If you’re thinking of making money on YouTube, you need to understand one thing clearly. Thanks to the new rules, if you’re planning to launch a new channel from scratch, you should first hit YouTube’s low revenue standards.
That means you’ll need 4,000 watch hours and 1,000 subscribers over the past 12 months. When you reach this level, you can get monetized.
How Much Can You Earn on YouTube?
Honestly, as much as you want! Keep uploading great content that people want to see your gold, and the longer your video, the more money you can expect. You can earn from a dollar to thousands and even hundreds of thousands of dollars.
The more views you get, the more money you expect and the more followers you get! Only a few video recordings can always make passive income on YouTube.
You can also monetize YouTube through paid sponsorships, but paid sponsorships typically require a large number of viewers with over 10,000 subscribers. You can also start affiliate marketing through YouTube, but I’ll explain it again later.
3. Amazon:
Jeff Bezos started selling books, but Amazon is now selling almost anything you can think of. This isn’t just a website to buy your favorite toys, you can actually make money on Amazon.
And here are three ways. The first way is Amazon Mturk. Amazon Mtruk is similar to Upwork. Here, the company outsources tasks that are too difficult to perform with a computer program. For example, audio editing and scripting, audio and video translation in different languages, website testing, review writing, and many other services.
You can earn up to $20-30 per hour by doing a few different things. This is a legitimate way to make money and they pay. But this is one kind of active income.
The second way is to publish your Amazon Kindle. Turn your ideas into ebooks and make money today. Every time you buy an e-book on Amazon, both Amazon and publishers are making money. The problem is, the lights are on… First, you have to sell the book.
You can write this book yourself or hire someone else to write it. Then you don’t have to search for reputable writers or publishers. You can do this from the comfort of your home and earn a passive income.
Is it cool? Best of all, it’s completely free, so sign up and start making money. Amazon handles money fraud. And you can relax and get a good old income. It is passive.
If you are really interested in publishing Kindle, I highly recommend doing more research on the subject. On YouTube, you can find free videos and tutorials to learn the basics. If you need expert advice, you may have to pay for the course first.
If you are interested, here is a link for you.
Some people make more than $100,000 by publishing Kindle eBooks on Amazon. This is definitely a market to watch out for.
The third way is through the Amazon Partner Program. This is one of the popular and easy ways among passive income ideas. You can generate a huge amount of money with Amazon Affiliate Program. When you sign up for the free Amazon Associates program, you can choose from thousands of products that Amazon sells on its website and start promoting.
Amazon offers affiliate links and offers a 5-10% commission on sales whenever someone makes a purchase from your link. Amazon pays for 60 days after purchase, and you can choose either an Amazon Gift Card or bank transfer to your bank account. Currently only available in the U.S., if you live outside the U.S., you can get paid via cheques or transfer money to your Amazon account and start making purchases.
4. ClickBank:
ClickBank is a marketplace where product Vendors and Affiliates can make money online by selling courses or services around the world. Although Clickbank only sells digital products, the advantage of Clickbank is that its fees are much higher than that of Amazon.
Remember, some Vendors pay up to 75% for selling services, while others only pay 5%. But with that said, you can make hundreds or even thousands of dollars of really good money on Clickbank.
Go to ClickBank, choose what you want to sell and start profiting.
5. Flippa:
Flippa is a leading marketplace for buying and selling online businesses. Attracting a large audience and providing excellent visibility tools, it is an auction site like eBay for those who sell and buy digital assets such as websites, apps, domains, Shopify stores, and Amazon FBA accounts.
If you know how to create an app or website, you can make money by selling it online. Or, if you have money and are interested in buying a website, app, or eCommerce store that is already making money, you can do it with Flippa.
What’s going on, making the same offer you do on eBay, and if your bid is the best, congratulations. Because you bought the online business yourself. You can also earn money by selling your online business. This is all about Flippa.
6. Shutterstock:
Basically, Shutterstock is a platform for buying and selling digital media. For example, photos, music and videos. It’s mainly made by freelancers and third parties, so take great photos and videos, especially if you can take good pictures.
Or, if you know how to draw really deep attraction, you can make money with your talent in Shutterstock.
Make Money With Shutterstock:
Whenever someone buys your photo, you usually get commissions from a few cents to a few dollars if you’re lucky.
The secret to making a lot of money on Shutterstock is to constantly upload high-quality images.
7. Rover:
Do you like animals? Especially dogs? If so, maybe try Rover.
Rover is a dog service but is currently only available in the US and Canada. So, if you live in one of these countries, you can register as a dog sitter and get paid for caring for dogs.
You can earn between $80 and $100 a night just by seeing someone’s dog! Just taking care of someone’s pet can literally earn hundreds of dollars a week. How about the deal?!
8. TakeLessons:
TakeLessons is a website where you can teach all the skills. Teach languages, cook, play musical instruments, solve complex math equations, and more, everyone has the skills to teach.
At TakeLessons, you can teach and earn money for everything you think others don’t know.
9. Fiverr:
You’ve probably heard of what has been mentioned many times because Fiverr is a simple and easy website for making money.
But if you haven’t done this, it’s basically a freelance site where you can post anything. Whatever it means… it’s only 5 dollars if it’s legal. Different ways to make money on Fiverr, just a few names.
You can do animation, logo design, packaging design, web and mobile design, social media design, Photoshop editing, architecture and floor plan, 3D model and product design, t-shirt and merchandising, SEO, and more.
10. Dropshipping:
With Dropshipping, you basically sell someone else for a small or big profit without having to deal with the delivery.
So basically you act as a broker or intermediary. Just open the Shopify store and contact Oberlo. Oberlo is an app that basically integrates with Shopify, and many people use it to find things they want to sell in their stores.
The basic principle of Dropshipping is to create a store or channel where people can buy goods. After they buy something from you, you usually pay the manufacturer a lot less than what you got and force the manufacturer to send it to the buyer.
And all of this doesn’t require you to get involved in seeing or touching the product. The best thing about dropshipping is that you set the price of the product you want to sell, then earn a profit and pay the manufacturer for the rest.
Yes, this is simply dropshipping. If you’re interested in Dropshipping, there are plenty of YouTube tutorials out there that show you step-by-step guides on how to set up your store, find products, advertise, find influencers, and finally, deliver to get paid.
It’s a bit difficult to get started especially at first, but Dropshipping can make you a lot of money.
Conclusion:
This is really nice that you have come to the end of this guide. I hope you enjoyed it from start to finish. If you really love this guide, please share it with your friends on social media. Sharing is caring.
We are eager to hear from you! If you want to know more about this, please comment below. Also, any of your suggestions are appreciated. It will definitely benefit the readers.
At the end of 2020, I’ve joined an Entrepreneurship Educational Platform that amazingly changed every aspect of my life. Most importantly, it helps me to make $1000/day from affiliate marketing…
If you have the slightest interest in it, I can show you a 5-minutes video that can change your life too.