7 PASSIVE INCOME IDEAS TO MAKE MONEY EVEN WHILE YOU SLEEP

7 passive income ideas to make money even while you sleep

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Start making money online while you sleep using this 7 passive income ideas listed in this article.

The rate at which most people rush out of their homes every day so as to get to a job that makes the owner rich while they end up getting a salary at the end of the month is alarming.

This rat race will definitely not end if an alternative is not found to start making extra income for yourself even while you are asleep.

Over the years, it has never been recorded that a person became wealthy by receiving a salary from an employer this is why you need something to start bringing extra income.

For you to be able to live the kind of life you so desire and still make money while you sleep or travel the world, passive income is the way forward.

The internet has provided you and me with the opportunity to start making passive income and if you stay consistent, you can turn it into a full-time income stream.

Now, why I really love this passive income idea that the internet has provided is the fact that it can be done in your spare time.

This methods I am about to share with you (I am sure you have heard of them before) is not sometimes that takes all of your time to create. 

You can start working on one of these passive income ideas when you are not working on your day job.

For me, I work on mine during the weekends.

Before I continue, I what to share with you what passive income is

Most people keep hearing the word passive income but are still wondering what it really means.

Let me explain it

Unlike the traditional 9-5 jobs that people earn money by going to work for 30 days to receive a salary.

Passive income is far different.

With passive income, all you need is to do the work earlier and you start making money from it subsequently.

For example, there are some articles I have written on this blog and others of my blog years ago and people still read them today and I still make money from adverts on those blog post.

Note: At first, you will have to put in a lot of work if you are serious about making passive income while you sleep.

Once you put in the work and have a system put in place, all you will have to do is sit back and watch your money pile up.

If you want to take this passive income a step further so as to make more money while you sleep, you can add two or more of these ideas. 

Without wasting much time let us jump straight into the passive income ideas

Blogging

Yep, blogging is my first passive income idea.

Most people still wonder if blogging is profitable and I can tell you that in 2019 yes it is profitable.

As a blogger, there are most of my blogs that I have written or visited it in a long time but they still earn me money.

Once you start a blog and put in the work by creating high-quality contents, making them SEO friendly and inputting ads or affiliate products in them you are sure to start making passive income.

The thing about blogging is that you have to choose the right niche.

There are various niches that you can start blogging about that are profitable and they include fashion, health, business, technology, sports, music, etc.

7 Blog Niche Ideas You Can Start

Affiliate Marketing

One of the fastest and sure methods of making passive income online while you sleep is through affiliate marketing.

As an affiliate marketing, your job will be to help other people promote their products and you get a commission after a sale. 

Affiliate marketing goes hand in hand with blogging as you can promote products on your blog. Though you can start affiliate marketing without having a blog.

For you to become an affiliate marketer, you will have to join to eCommerce websites and start promoting their products.

As you register as an affiliate marketer, you will be given a special link to different products that you can promote.

There are lots of eCommerce websites that you can join and they include Amazon, Jumia, Konga, etc.

There are different ways to do affiliate marketing, you can either write a post about a certain topic and recommend products for people to buy.

For example, you can write on how to lose weight and they recommend weight loss products people can buy.

Another way is to review products.

Create An eBook

Lol, I am sure you got a little confused when you saw eBook.

Don’t be, creating an eBook is not as hard as it looks, with a few free tools at your disposal you can write an eBook by yourself and publish it.

When it comes to writing an eBook, the first thing you need is to get a topic you are familiar with and know a lot about and you are good to go.

For example, if you are a fitness trainer, you can write an eBook on how people can keep feet and the different fitness exercise they can do in their homes.

Unlike your normal textbooks that have up to 100 pages, an eBook can be as short as 10 to 20 pages.

The key to making money with eBook is that you must make sure that your eBook is parked with useful information.

Amazon kindle is a great place to publish your eBook as it gives you the opportunity to reach millions of people.

You can as well write an eBook and advertise it on your blog so people can purchase.

As for the tools of writing an eBook, you can use Microsoft word and they convert it to PDF.

How To Create An EBook

Start A YouTube Channel

Video video video.

Video content is gradually taking over as most people now spend more time on YouTube than any other platform.

Because of these advertisers are now redirecting their money for adverts to video creators.

You will not imagine how much most people make on their YouTube channels.

The cool thing about YouTube is that you can create all kinds of videos and if you are able to optimize it and drive traffic you will surely make money from ads and affiliate marketing.

What scares people away from creating videos is the equipment’s need but the thing is with just your smartphone you can start a YouTube channel. 

The moment you put up a video on YouTube and start getting subscribers and views you are sure of passive income.

There are a lot of people that have created videos on YouTube several years ago and they still make money from those videos today.

How To Start A YouTube Channel

How To Start A Product Review YouTube Channel

Start A Podcast

Another great way for people to share information and make passive income while they sleep is through podcasting.

Since most people might not have the chance of watching a YouTube video or reading a blog post due to a tight schedule podcast helps to transform your information to a listening format.

So people can download and listen to your podcast while they drive or do other activities.

You can decide to make your podcast in episodes so you can release them daily, weekly or monthly so people can listen and as well download.

Audacity is a free tool that you can use to start recording your podcast and sharing them to your blog.

When it comes to a podcast, I usually suggest people go into the entertainment niche so they can keep delivering good contents regularly.

With display ads, affiliate marketing and sponsored contents you can start making passive income from a podcast.

How To Start A Podcast

Drop-Shipping

Unlike an eCommerce website where you have to gather products or get merchants to display their products on your site and you have to figure out a way to package and deliver a product when someone buys drop shipping is different.

With drop shipping, you don’t need to have any item stored in a warehouse or worry about how to deliver a product.

All you have to do is get in contact with a manufacturer, get images of the products and display on your website.

So when someone buys from your website, the order is automatically sent to the manufacturers and they package and deliver the said items.

Your main job would be to create a website and drive traffic to it.

How To Start A Drop-Shipping Business

Start A Print On Demand Business

If you are good at designing or just want to write cool stuff on T-shirts, mugs, pillowcases, phone cases, etc. you can start a print on demand business.

This business is passive in a way that all you have to do is make a design, signup for a print of demand website, add your designs to mock-ups and drive traffic to it.

There are various sites you can use but my favorite is Teespring and Merch by Amazon.

How To Start A Print On Demand Business

Get to learn more by checking out this post

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