How To Make Passive Income
Money that flows in your bank account while you’re sleeping
Wouldn’t you just love to see bank continuous bank statements saying you have $100, $200, $400, $1,000 flowing into your bank account and all you do is live your everyday life doing whatever it is you love doing?
Well, we all want that!
That’s a thing called ‘Passive Income’. Well, what is Passive Income? you may be asking.
Well, this is where you basically doing something to where money flows in while you’re sleeping. Essentially money working for you rather than you working for it.
One of the main things people simply get their heads tied up on is simply how to actually make passive income. I hear this question all the time and just give me a few minutes to show you exactly how you can do so using the exact device you’re reading this article on.
1. Print On Demand
One of the best ways of making passive income is through doing this thing called ‘Print On Demand’
Print On Demand is actually a pretty simple business model where all you have to do is join into a site such a Teespring, Printful, Redbubble, etc. What you basically are doing is you come up with a unique design and you slap that design on a Teeshirt and what these Print On Demand hosting sites will do is they will print your designs and do all the work for you and they’ll take a cut of each sale you bring in and give you a profit.
So for example let’s say you’re selling a shirt for $30. We have 100 people that want to buy this shirt. The company gives you 60% as profit, which means you have made $1,800+ just by selling that shirt. All you had to do was come up with a design slap it on a shirt and market it to then generate sales. Sounds pretty simple right?
Well, the thing is there’s a lot more to it than that but that’s just the gist of it.
2. Facebook Dropshipping
This is a new one!
‘Facebook Dropshipping’ if you didn’t know what this is then it is when you have a supplier, which for example let’s say Walmart is your supplier.
What we do is we then take a product from the official site of Walmart and list that up for sale on Facebook Marketplace for higher than it really costs. So for example let’s say we want to sell a couch, what we’ll do is take that couch which costs $60 at Walmart. We list it up for sale on Facebook Marketplace for $99.
If we sell that couch on Facebook Marketplace then all we have to do is go over to the Walmart site and ship it to whoever ordered the product. So with this being said if we sell 5 couches that cost $60 from Walmart for $99 each then we’ll have a profit of $195.
With that being said if you know what you’re doing then things will continue to get easy when it comes to Facebook Dropshipping.
3. Create A Blog
Well if you love writing articles online and making money online then creating a blog would sound great!
This is exactly what i’m doing right now to make money just writing here on this site called Medium and Medium is the golden place to instantly just make a couple cents off a few articles you put out.
Other than just writing blogs the main factor in doing this is because you have something that someone else may be looking for but they can’t seem to find it. You have something of value and if you project that in what you write and you love doing it then you will get somewhere with it.
That’s why I do what I do and I do it for a reason. So why no make income passively from it.
With that being said these are just some ways you can actually make income passively and have money flowing into that bank account of yours while sleeping.
In the end, it really comes down to you.
How bad do you want it?
If you want it badly you gotta do what it takes to get it!
Take action! We only live this life once of course!
About the Creator
Denzel Beauchamp
Content Creator & Multi-ECOM Business Owner Known for posting YouTube videos and showing people Legitimate ways of making a sufficient amount of income online.
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