Earn Money While You Sleep

Passive Income Ideas

Welcome to my multi-part passive income ideas post. Here you’ll find some ideas for income that powers it’s self, mostly over time. If you combine multiple passive income opportunities, they can equal out to be quite profitable!

So the focus is not to get one super awesome passive income source, but to stack up many small passive income sources, and slowly build them all up.

What is passive income?

Passive income is income that generates it’s self, most of the time. This is not get rich quick, or easy fast money, this is passive income. Passive income is income that is created by you, by things you create, things that people either buy in to or visit and generate revenue from links/ads. These ideas are all very simple, and can be started/maintainted by spending an hour or two a day working on them. Very very simple.

Earn Money While You Sleep

Affiliate Marketing

More info here!

Affiliate marketing is a great place to start, here are a few of the affiliate programs that I participate in:

Making money from these programs is very simple. You choose what affiliate programs you would like to participate in, and distribute links however you’d like to, within their guidelines of course. It’s very popular to use them within your blog, email marketing, social media, or just word of mouth!

Investing

More info here!

I haven’t dug as deep as I’d like to in this, but I got started with Stash Invest. They have a super simple app, and you can invest as low as $5. Stash Invest will even give you a free $5 to start with, if you sign up using this link!

Another one that I recently started digging in to, is Bitcoin. The company I chose was BitBond. They made it very easy to invest in Bitcoin, and I can’t wait to watch my money grow! Check out BitBond today. Bitcoin is booming, and you don’t want to miss your chance.

Advertising

Advertising is a great opportunity to make some money. This doesn’t require you to have a website. There are creative advertising opportunities, such as carvertise. Carvertise allows you to take contracts advertising with your vehicle. They do body wraps on the vehicle, they’ll pay for installation and removal. I haven’t tried it yet, because my vehicle doesn’t have the factory paint job. I will try it with my next vehicle, though!

Blogging

Do what I’m doing right now! It’s simple to blog, anybody can do it. If you can write a sentence, you can write a post. It can be done any time that you have a minute to spare, I’m sitting in the waiting room at the dentist right now, seriously!

The main methods for making money blogging are any of the methods mentioned here! Direct some traffic at your blog, and eventually you’ll be swimming in the dough.

VIPFunnelCloud can get you rolling. They provide excellent service for blogs with your very own personal domain name. A domain name is the start of your brand, and you want to establish that first. Sign up with VIPFunnelCloud or Hosting24 to get started with this. I’ve worked with both of these companies to get you the best deals, on the best service. They are crazy good companies.

Surveys/Shopping Online

I’m sure you’ve heard it a hundred times, surveys! Yay! You’ve probably never done it, though. You can actually make some decent cash doing it though. Why not, you’re just laying in bed on Facebook anyways. Why not make a couple bucks? SwagBucks is one of the leading sources of this, extremely simple, extra income! If you’re sitting there bored on the bus or waiting in line somewhere, do some simple stuff that will earn you bucks! SwagBucks also earns you cash while you’re doing your normal, every day activities online. All you have to do is download SwagBucks with this link to get started.

YouTube

Have you ever heard of YouTube? I doubt you haven’t, unless you live under a rock, a really really big rock. You can make money from posting youtube videos. The average youtube video is only 1 minute long. Being a millennial, I can say that it’s accurate to say that we will not watch a video longer than 1 minute if it’s for entertainment online, normally anyways.

You can post up 1 minute videos pretty quickly, and monetize those videos with adsense. The more views you get, the more money you make!

Write a Book or an eBook

This is one on my bucket list. I’ll be writing a book in the next year or two, I promise. You don’t need much time to write, seriously. If you get random ideas throughout the day, put them in OneNote with Office365. OneNote is amazing, and I use it every single day to organize things for my blog, things for my life, things for work, etc. I’m researching publishers lately, I don’t have any recommendations, but I’ll update this when I find one that I think I should recommend.

Create and Sell Stock Photos

There are many stock photo websites out there, some free, some paid. You can put up free stock photos to get your name out there, and paid ones to make money. It’s a good idea to have a healthy mixture of both free and paid, it keeps the traffic moving.

Create an Online Course

Websites like Pluralsight and uDemy provide amazing support for people trying to create online courses. They provide trained professionals to guide you through the creation process, and simplify every step of the way. I’ve always watched videos on Pluralsight, and I’m excited to become a course creator with them!

Create an App, or Many

Mobile apps are growing extremely rapid. Companies like Appsmoment make it very easy to create cross platform apps without knowing how to code. This is another one I’ll be jumping on soon. There’s so much potential with apps, you can monetize from ads, in app purchases, and affiliate links. I signed up for Appsmoment literally today, and I plan on having an app released soon. You can create one in as little as 10 minutes, that’s crazy cool.

You can make money

Making Money with Affiliate Marketing

Can you actually make decent money from affiliate marketing? If you’re not willing to read the rest of the post, your answer is YES! Affiliate marketing is much different from any other form of income. Other income sources require you to have money in the first place. They also require you to store, ship, or deliver services/products. Take the hands-on away from your income source, and simply refer people to products.

You can make money

What is affiliate marketing?

Affiliate marketing is basically a referral program. It is different from a referral program though, because you don’t normally just receive a flat fee of $5 or something like that. You can earn hundreds, or thousands off of one sale. You need to figure out what it is that you’re trying to promote, though. Multi-level marketing is somewhat similar, through companies like Le-Vel. I participate in multi-level marketing as well, and profit very well from these programs. That’s not what this is though.

Why is this available?

It’s available, because you’re giving them your personal word, not just some ad. You’re writing a blog post, or a social media post, telling people what you personally recommend and why. A word of mouth advertisement is much better than a picture, which actually makes no sense, because a picture is worth a thousand words, right? Word of mouth is worth a thousand pictures, so take that, history!

What’s the catch?

There really is no catch, but you’re on the right post if you want the truth about affiliate marketing. It’s not a get rich quick scheme, it’s not something you set and forget, even though it’s called passive income. Some get rich, some do pretty good, and some fail. How well you do is up to you. Educate yourself. Check out uDemy, you’ll find that they have many awesome options to train you on things like affiliate marketing, or other passive income sources. I personally train on PluralSight, but the common choice seems to be uDemy. I can tell you, I convinced my company to switch to PluralSight, from our previous training program, because of their awesome content.

Where do I get my links out there?

Social Media is a great source of affiliate link views. Find yourself a pretty picture to relate to it, or use one of the affiliate program’s pictures, and make an eye catching post about your affiliate’s product.

Blogging is very simple to get in to, if I’m doing it, you can to. You can get started with VIPFunnelCloud or Hosting24. While these are both great web hosts, I prefer VIPFunnelCloud. You get what you pay for, when it comes to hosting, and I can say for sure that VIPFunnelCloud provides an awesome set of features, included with your hosting at no extra cost. You also get a free domain, if you purchase one of the higher tier plans – and they’re cheap, for unlimited hosting. I use the top tier plan. From there, you can install wordpress with softalicious installer, and it’s magically ready to go. Code-free.

Word of mouth is another great source to get the word out there. Just the other day, I was talking to my co-workers about Keeper Password Manager. They were looking for a solution for all the passwords that they always forget, and Keeper is what I use, plus they have an affiliate program. They were interested, and I said “Great, I’ll send you a text message with the link, because there was a link to get 15% off if you order today.” Simple as that.

Where can I sign up?

Here are some of the Affiliate programs that I take part in:

Other great places can be found by a simple google search. If I’m trying to post about personal development in the area of time management, I search “Time management training affiliate”. And viola, I get an affiliate link. Make sure you keep track of your affiliate links, and usernames/passwords. That is the actual reason I use Keeper Password Manager, they help sort out things like that.

What is your plan?

What are you going to do? Do you need help? Do you have suggestions? Let me know in the comments, and I’ll help you out!

passive income idea

Make Money With Reseller Hosting

A survey by NetCraft, in 2012, showed that there were 51 million websites launched during that year. That’s 140,000 websites per day! You can learn how to take advantage of this massive growth, and earn passive income by setting up a simple reseller hosting website. I personally use Hosting24, and I’ve been nothing but satisfied ever since.

I personally host 4 domains through them, a VPS, and a reseller account. My reseller account has worked flawlessly for my personal and customer accounts. I’ve had nothing but luck with Hosting24, and I couldn’t be happier with the service I’ve received.

Why promote them and not myself?

Normally you would think I’d be more excited to share my own hosting with you, but I want to share and relate with you about how exciting it is to make money from things like this. Once you have your reseller account set up with Hosting24, it’s basically done! You can host unlimited websites with the available packages, and they offer unlimited bandwidth and disk space.

I’m new to web business, what about support?

I switched to Hosting24 about 4 years ago now, and I’m blown away by their 24/7 customer service. You receive replies within minutes! I’ve learned an amazing amount from their knowledgeable staff, and I’ve been 100% satisfied with every support request I’ve been a part of.

Another key feature is how slick the WHM and cPanel setup is. Your customers each get their own cPanel, and it is set up automatically when you make a sale. You can get a marketing system set up with workflows that automate the entire process for you. This means that 100% passive income.

What is passive income, and why is this so cool?

Most passive income strategies include things like starting a blog, constantly repining affiliate links, completing tasks for people online, writing books and ebooks, dropshipping, etc. What is passive about those? Nothing! A lot of times, when you hear the words “passive income”, you find that there is nothing passive about them. That drives me crazy, don’t say passive, if it’s not passive!

A reseller hosting plan with Hosting24 can be completely passive. You literally set up your site, pick prices for your plans, put them on the market, and make $$$. I cant believe how simple of a business this is to get started with.

passive income idea

My dream

My dream as a young adult was always web hosting, db hosting, etc. I’ve always had something in the back of my head telling me, this is what I need to do. I always thought about renting a warehouse, getting fiberoptic internet, and buying a whole bunch of servers to host people’s websites. Do you know how much work that is? I do, I’ve done plenty of research.

Hosting24 handles all of these things for you. You don’t have to set up complicated web servers and services, no paying rent on a building, no huge internet bills, no server costs, and no maintenance! They do everything for you, how easy is that?

Sign me up then!

You can sign up today to make endless amounts of 100% passive income for as low as $25.99/month. Compare that to the internet alone that you’d have to pay for to do this yourself. It would be a much higher cost than that.

The deployment is simple when you sign up right now, the price is only $25.99, that’s $10 off of the original price of $35.99. I’ve been working with Hosting24 to get a deal like this for a long time now, don’t miss out!