Ways To make Money while You Sleep


Detailed below are the ways you can make money while you sleep, you dont really need to be an expertise on a particular field before you can become who you really wants to be.

1. Start a blog.

Perhaps the most popular way to earn a passive income is by launching your own blog. It only takes a couple of minutes to set up and is cheap to start - just purchase your domain name and pay for hosting.
After that, start creating amazing content that people would be interested in reading or sharing. For example, if you’re an accountant that has helped small business owners with their taxes, then that could be your blog. Make sure the topics you write about are popular. If you still love your pet rock, I doubt there would be enough people visiting your our site to monetize it. But, you never know.
Once you’ve gained a following, you can start making money from of your blog by:
Earning commissions as an affiliate. This is where you push other people’s products or services on your site. Make sure these products or services are relevant to your blog. For example, that accounting blog could become an affiliate for accounting or invoicing software. Once you find an affiliate partner you’ll be given a unique code so that whenever a visitor clicks that link on your site you’ll earn your commission.
Sell-advertising. If you’re site has the traffic to become an affiliate, then it may also be good enough for advertisers to purchase ads on your site. You may start off small, like making under $20 per ad. But, you may eventually be able to charge triple digits. Again, you site must be quality.
Find sponsors. This is slightly different from just selling ads on your site. Sponsorships may be a one-off piece of sponsored content or permanent logo embedded in your footer.

2. Sell your own information product.

If you’re knowledgeable in a certain area, then you can start creating products, such as eBooks or videos, and selling them on your blog. It may take a lot of work to create and market your products, but once all the leg work is over, you can just set back and collect the proceeds.

3. Earn royalties.

If you’re a talented musician, actor, or author, then you could earn royalties from your work. In other words people will pay you for using your work or creative assets.

4. Create a membership community.

If you’ve proven yourself to be a authority figure, then you can create a membership community where you pay a monthly fee to receive additional high-quality content and information that’s not available to non-members.

5. Install an autoresponder.

Another common online business model is using autoresponders to sell services, products or memberships. This is where people leave their email address on your site and then they’ll receive an automated email containing the link to download products or quality information you have to offer, as well as follow-up with a series of emails.

6. Flip websites.

If you’ve put in the time and effort in building a website and you have gained a lot of traffic, then you may be able to sell it to an interested party by listing on marketplaces like Flippa.

7. Sell physical products.

Just like with a blogging site, there are several ways to earn a passive income by selling physical products. Probably one of the best known ways is by selling your old junk on eBay. But even if you don’t have anything left to sell you can start drop shopping. This is where you sell products for a company on eBay or Amazon and they’ll take care of the rest -- including shipping.
You can also launch your own eCommerce store by using Shopify. They literally give you everything you need to sell products online from a complete online shop to including buy buttons on your social media channels.

8. Invest in stocks or shares.

When you invest in stocks you become a stakeholder. That entitles you to a share of their profits. Investing in stocks has been a popular way to earn a passive income for years, and thanks to the internet, it’s easier than ever to research and invest in stocks on your own.
Keep in mind that the stocks you invest in can change throughout the various stages of life.

10. Rent out property.

Thanks to Airbnb, you can rent out your home while on vacation or your vacation home when not in use. You can also rent out your garage, parking space, or unused office space. It’s a nice supplemental income without really doing anything except placing an ad.

11. Hire a middleman.

This is also known as arbitrage and is basically where you have someone else do the work for you. For example, you could start a dog walking service or web design firm, but outsource the actual dog walking or coding to someone else. You’re much better doing anything except being the middleman who is in charge of marketing these services.

Comments

Post a Comment

Popular posts from this blog

How to Get Paid $12/Hour as a Search Engine Evaluator

Image
I’ll make about $700 this month for evaluating Google’s search engine. And Yahoo’s search engine. And Bing’s. And the best part? Most of it is done while sitting at home in my pajamas. What am I doing? Let me explain… Search engines use complicated algorithms to determine the results you see. For example, if you type “Steve Gillman” into a Google search box a half-million possibly-relevant web pages will be narrowed down using various criteria until a second later you see my smiling face. You’ll also see links to my personal website, my blog on the Huffington Post, and LinkedIn profiles for a bunch of guys who share my name. But the search engines don’t always get it right… They are full of errors, so they need real humans to look at the results and judge them for quality, relevancy, and usefulness. Then they can take this human input and design better search algorithms, ones that will even know “bieb jail” means the searcher wants to see mug shots of Justin Bieber.
Read more

How To Catch a Cheating Spouse with Whozin Android App

Image
 Hot argument ensued yester­day at the Agboyi/Ketu Cus­tomary Court between Mr and Mrs Adesola when the wife, Mrs Balikis Adesola, told the court that she caught her husband red-handed with her friend in a hotel while the husband opposed saying that his wife and her friend set him up. The husband, Mr Adewale Ades­ola, had earlier brought a petition to the court to dissolve their five-year old marriage which is blessed with two children on the grounds of threat to life, lack of submission, lack of love and care and laziness.
Read more

You Too Can Become a Millionaire With these Steps

Image
What is Razzleton? Razzleton is a pharmaceutical company registered in the UK which has been exiting and operating several years ago. Razzleton HealthCare Limited has been in the wholesale drug market since 1995. Building a team of highly qualified pharmacists, skilled logistics experts and marketing specialists, we have grown from a small firm engaged in retail sales to a regional company with an annual turnover exceeding $10.000.000.It is common knowledge that medical drugs play an important role in human life by ensuring direct effect of certain organic substances on the body, help fight disease and improve the quality of life. This is why investments in medical science are always relevant and profitable, as people are always concerned about their health. Due to high competition, the medical sector is very hostile to many private investors. However, wholesale drug distribution is quite promising in this regard.
Read more