Top 10 Passive Income Ideas

Good morning,

I hope that everyone is having a great evening. I have been looking into ways to generate passive income. According to Google.com passive income is income that requires minimal labor to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income.

Examples of passive income include rental income and any business activities in which the earner does not materially participate. During my research I compiled a list of 10 Passive Income Ideas. I'm pretty sure there are many more, but these are the ones that stood out to me as quick starting with minimal investments. Although some will require an upfront investment to get started.

I'm sure some of you have already thought about some of the suggestions that I am sharing, but this is just confirmation, and it puts it on your mind again to get those brainstorming sessions going. I know for me I'm always thinking of ways to earn a passive income and yes, I know that it is hard to take the plunge and just get started. But many people are doing it so we know that it can be done.

I think that this list will help with your passive income stream ideas. In this day and age having a passive income would be so amazing! I’m always open to learning productive ways to earn more, while working smarter and not harder. Many of you may already have something going that is rewarding and productive. If so, feel free to share your accomplishments, your daily struggles and whatever else you wish to share on the subject matter.

Don't forget If you have any ideas, or you are currently working on something that would be beneficial, please do share your thoughts and ideas. Without further ado, here is my list.

10 Passive Income Ideas:

1.Sell print on demand products- print-on-demand is an e-commerce model where a company allows you to sell customizable, white label products and attire.

2.Sell Stock Photos- A stock photo is an image that can be licensed for creative use.

3.Sell products on Amazon- Become an amazon seller.

4.Sell products on Ebay- Learn to sell on Ebay by taking a look at their best practices.

5.Run a subscription service- A subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.

6.Start a drop-shipping store- drop shipping is an order fulfillment method where a store doesn’t keep the products it sells in stock.

7.Sell an online course- an online course is designed as a built environment for learning.

8.Affiliate marketing- affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.

9.Vending machines- vending machine income earns without actively managing the assets generating it.

10.Start a YouTube channel- as long as your videos are being watched, YouTube income is passive after the video is posted.

descriptions found on www.google.com

I hope this list will get you to thinking about passive income ideas, and how they may benefit you financially. I look forward to hearing your thoughts and ideas. We can all use a little nudge from time to time to help us along the way.

Remember that knowledge is powering, and sharing is caring. Let's become a community of people that are willing to help the next person along the journey, helping someone else won't take anything away from you. It's actually a form of giving back and it is so appreciated!

Much Love,

Trina