Hey future billionaire, today I’m going to share with you awesome passive income ideas for the year 2019. I’ll show you 5 different ways you can implement today to make at least $1000 per month.
Passive income is any income you make without actively working. That means you can make money while you’re asleep, on vacation or even in case you get injured and you’re in a hospital bed for a couple of days the money just keeps rolling in without you actively working.
That’s passive income.
As good as all of that may sound, passive income streams will require at least one of the following two elements:
I’ll have to be honest with you though.
It’s not easy to build passive income. If it was, then everyone would be doing it. So there’s some hard work that is involved or if you have the money you can simply outsource and hire freelancers or a virtual assistance to do the hard on your behalf.
Or if you read this blog post till the end I’ll give you a passive income business in a box. The same business that I use to generate multiple income streams online. More about that later.
These days writing an e-book is very simple. You simply open up a word document, start typing then turn it into a PDF file, create an appealing cover design and you have an e-book.
You don’t need to be a professional author to do this. You simply need to know more than the average Joe about a certain topic or simply write a really good story.
There’s no need for a publisher, you can simply sell your book using your Paypal account or upload it to a marketplace such as Clickbank or tap into the Amazon kindle market.
Books that are easy to sell are books that solve a problem. It could be a book about a certain technique you use to lose weight, get rid of acne or anything that you know people won’t find with a simple Google search.
You can even use a ghost writer or simply outsource the whole process and just slap your name on the book if you have the budget.
You can also record yourself speaking and give it to a freelancer to turn your speech into an e-book that you can sell.
The main point is that you don't need a lot of resources to write an e-book and promoting it is not difficult as well. You can use social media and paid advertising platforms to sell your e-book.
Another great thing is that you can write as much as you want, just make sure that you're building a database so that when you market your other books in the future your promotions become a lot easier. That way your database will also help you promote your e-book by sharing it on their social media accounts, that's if they like the content though.
Don’t let anyone fool you into thinking that blogs are dead. 99% of the results you get on a Google search are from blogs so blogs are not going anywhere. Google loves blogs more than any other web page on the internet and people love Google so that’s why blogs are really powerful.
There are many ways to monetize a blog. You can make money with sponsorships, advertising, affiliate marketing, product reviews, sell your own products, workshops, consultations, donations and many other ways.
It’s also fun to run a blog and talk about your favorite topics.
The mistake people make when running blogs is that they make them too general. Don’t build a general blog that talks about every topic out there. You need to pick a niche and stick to it.
That's how Facebook took out the giant social media known as Myspace. They started with Harvard students then went to other colleges and then the world. That's how blogs become successful, you conquer one niche at a time and then expand from there.
For a blog to become successful you don't need to be a specialist or expert in your niche. Just as long as you can do research, purchase a few courses and have more knowledge than an average person about your niche you're more than equipped to run a successful blog.
The best part is that you get to become an expert and influencer in your niche when you have a successful blog. You become the go-to-person when people have a question about your niche.
I recommend that you monetize your blog from Day 1 so that people know that you do monetize your blog, if you monetize later you'll lose a lot of readers once you start monetizing your blog. So let people know from Day 1 that you monetize your blog. You don't have to tell them, they'll see the Ads and know.
Social media influencers are making a killing these days. Big brands are switching from traditional ways of advertising and relying on people with a huge following to promote their brands. It’s cheaper and influencer marketing works better than traditional ways of advertising.
That’s why many brands are looking for influencers in different niches. If you can become an influencer in any of the popular social media platforms you can make passive income. Influencer marketing is not only limited to instagram.
Youtube, Twitter and Facebook are also great platforms to make passive income as an inlfuencer.
The best part is that you don’t even have to go out there looking for brands to promote, they’ll be coming to you and that way you get to do things on your own terms. You don’t even have to rely on other brands you can promote your own stuff such as e-books, a blog or any business that you’re running.
To grow even faster, do exchange promotions with other influencers. This is whereby another influencer with the similar size of audience mentions your brand to their audience and you do the same for them. Make sure that the influencer is in the same niche as yours. That way you’ll grow your brand exponentially.
A lot of people recommend Instagram for building an influencer account. I recommend Youtube videos because it pays more than any other platform.
And when you’re an influencer you get a lot of free products. Brands will be sending you their new products for you to test and review, so make sure that you have a lot of storage.
Passive Income Ideas for 2019: Get 5 Best Ways to Make at least $1000 Per Month Without Actively Working and have Financial Confidence...
Affiliate marketing is the best way for anyone to start making money online and build a passive income. With affiliate marketing you get paid a commission when you promote other people’s products.
To show that affiliate marketing is really powerful, even big brands such as Amazon and Apple have affiliate programs.
Affiliate marketing helps brands cut advertising costs. That’s why they choose it and they only pay when someone buys a product so it’s a win-win for both the brand and the affiliate.
Affiliate marketing is my bread and butter, if you would like to learn more about affiliate marketing then go to https://mailpreneur.net/start and I’ll give you an affiliate marketing business in a box.
If you’re someone who’s always on the road driving then you need to make some money while driving.
There are brands that will pay you for renting out advertising space on your car. Great if you’re already an Uber driver, this is a good way to add some passive income to your bank account.
Brands pay anywhere from $250 up to $500 depending on the size of the Ad. That's a good side hustle for someone who's always on the road and it's effortless.
Other companies have wraps for motorcycles and boats as well.
This one is pretty straight forward so I won’t explain it any further.
Building a passive income is very important these days.
You can’t rely on old traditional ways of making money. Studies show that 375 million jobs worldwide will vanish by 2030. A report by the U.S. Bureau of Labor Statistics says a startling 1.4 million jobs in the U.S. will be gone in just eight years.
People will be replaced by machines. With tech gurus perfecting artificial intelligence you should be worried if you’re still relying on your 9-5 job for income.
Sometimes, not taking a risk is the biggest risk of all!
If you’re ready to build a passive income and have multiple income streams then access my affiliate marketing training. The business is already built for you, all you need to do is to change a few links so that you’re the one who gets paid and start sending traffic. I’ll also teach you how to promote the business.
Simply go to https://mailpreneur.net/start
Take action now to secure a good future for you and your family before you’re replaced by a robot.
Now because you read my blog post till the end I’m going to give you a bonus strategy. I do this for all my blog posts, I always have a secret bonus strategy for all those who read till the end. Hope you didn't just scroll to this part without reading the content above.
If you have a budget you can go to websites such as Flippa.com to purchase a business that is already generating a passive income.
There are people out there who specialize in buying successful online businesses and run them. You could also do that especially if you have a busy schedule.
Once you’re able to make more than what you make at your 9-5 job then you can quit and run your online business full time and have financial freedom, get time to spend with your family and get to travel the world or do whatever you want.
The strategy is simple. You go to Flippa, browse then pick a site you're interested in then make the purchase and the owner of the website will tell you how to run the website for success. They'll usually give you some strategies about how to grow, which is great.
Make sure that you don't purchase a website that is dropping in sales, purchase a site that is growing.
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