6 Incredible New Passive Income
Opportunities for 2020

Rapid tech growth within the last decade has brought many awesome new opportunities that can help you earn passive income online or offline.

What are the new passive income ideas and opportunities? There are many emerging passive income opportunities. Most of these are online-based and include gaming (live streaming), cryptocurrency, chatbots, and print-on-demand. Offline ideas include 3D Printing and renting your home to film crews. You can make passive income from these new opportunities if set up correctly.

In this guide, we look at some of the brand new passive income opportunities and how you can turn each one of them into a source of passive income. Like most passive income ideas, running any business takes time and effort before you can enjoy a return on investment. Click on the orange button to learn more about the idea you are interested in on each dedicated guide on our site. Let’s jump in.

1. Chatbots

Chatbots are the future of customer service and can easily be monetized for passive income. These highly interactive computer programs are becoming very popular for businesses looking to have a more automated customer relationship. Facebook messenger hit more than 100 000 bots in 2017 (source). This was only a few years after Facebook allowed developers to use bots in its Messenger application. You do not have to be a programmer to create them, we demo how to create one below:

Demand for chatbots is very high and there are many ways to monetize them. You can use them to advertise, generate leads, promote sales, interact with your customers, for affiliate marketing and more. Our favorite platform to create chatbots is Tidio  It integrates with Facebook messenger and allows you to jump into the chat if you want. Learn more in our guide below.

2. Print on Demand

People are making money online by selling Print-on-Demand merch. Custom t-shirt printing is expected to reach $10 billion by 2025 (source). Print-on-demand platforms including Printful allows you to create and sell customized products. With t-shirts, bags, hats, mugs, and cell-phone cases, you can customize hundreds of products. They handle fulfillment, billing, and shipping allowing you to make money more passively.

Getting started is easy, all you need to do is to open an account, upload your design, place it on a product, and promote it to your audience. This passive income idea is excellent for anyone who already has an audience like influencers, YouTubers, musicians and more.

3. Gaming

The gaming sector has been growing consistently over the years. Video games are becoming more popular nowadays as more platforms emerge and new game developers attempt to join the market. In 2018, the average spending on video games in the US was $43.4 Billion (source). Most people play games from their smartphones, Pc’s and gaming consoles including the PlayStation and X box (source).

Becoming a professional gamer requires a lot of commitment and a bit of skill. You must be able to attract an audience online. Popular sites like YouTube and Twitch offer live streaming for gamers to showcase their skills. Gaming can make passive income from monetization. For example, you can earn from ads, affiliate marketing, e-commerce, and print-on-demand. Creating an audience and building a community is the most challenging bit for most gamers. We explain how a well-known YouTuber did this on her channel here. Once you have a sizeable following you can earn more passively. Gaming has a very low startup cost and is very ideal for beginners. Check out this guide for some more detailed information on gaming.

4. 3D Printing

3D printing an emerging trend in today’s industries that can also be monetized for passive income. Many people view the growth of 3D printing technology as a cheaper alternative to producing complex designs. The 3D printing sector has doubled in value in recent years, by 2020 the sector expects to surpass $3 Billion (source). Of course, that includes industrial 3D printers, but you can use a home-based 3D printer to make money.

We show how to make $1,000 from passive income from taking part in 3D printing projects. This includes selling popular, easy to ship items, leasing your printer, offering training, or selling models. Sites like Thingiverse have made it very easy for beginners to just download models and print them from a 3D printer. You can also choose to design your own prints on platforms such as Shapeways, though this may require some graphic design skills. 3D printing can be fairly expensive since a good printer can be well over $1,000. The investment is higher so make sure you are comfortable with that before giving it a try. Check out this guide for more ways on how you can make money from 3D printing.

5. Renting Your Home to Film Crews

Movie film crews are actively looking for places to shoot some of their scenes. You can make a lot of money by renting your home to film crews. The California Film Commission and other State-based institutions have shown continued support to this emerging trend. You can make a good income by allowing people to shoot films in your house.

Popular platforms facilitating this include Setscouter which allows homeowners to list their homes for free. You can also rent your home for commercials, music videos, and other branded content. Some productions offer insurance for the minor damage that may incur. Renting out your home to film crews is a very passive means of making money. You only need to have a unique home that can be suited to a movie or commercial.

6. Cryptocurrency

Cryptocurrency is an emerging financial trend that is still veiled in mystery. However, hundreds of people in the US, UK, and Turkey have already adopted its use, and cryptocurrency is more than likely here to stay source. Although it is still not widely accepted globally and is even banned in some countries, the growth of cryptocurrency has been steady in the last few years. The sector picked up after the famous market crash of 2018 (source).

Some of the most popular cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin and others. You can choose to buy currencies on online platforms such as Coinbase. Some may also accumulate crypto by mining small amounts from sites that are promoting crypto. Cryptocurrency is moderately passive and can be very expensive to mine. You should carry out in-depth research before deciding to invest. Check out our guide for some more information on what Cryptocurrency is, and some of the ways that you can make passive income from it.

Related Questions

How can I make a passive income in 2020? There are many new emerging passive income opportunities that are accessible even to beginners thanks to new technologies. Most of these are online-based and include gaming (live streaming), cryptocurrency, chatbots, and print-on-demand. You can make passive income from these new opportunities if set up correctly.

What are some of the most common passive income methods? The most common passive income ideas have to do with investing, such as Real Estate, stocks, and bonds. However, new passive income ideas include blogging, affiliate marketing, eCommerce, Print-on-Demand, drop-shipping, chatbots, flipping domain names, podcasting, digital courses, eBooks and more! If setup correctly, these ideas can provide a passive income stream.

Which is the best source of passive income? Your choice of how to make passive income will depend on your centers of interest, skills, capital, and niche choice. Some passive income streams may require more money than others for start-up while others may require more attention. Whatever choice you make creating a sustainable passive income stream requires consistency, hard work, and skill.

Disclaimer: The information contained on this Website and the resources available for download through this website are for educational and informational purposes only and are not intended as, and shall not be understood or construed as, professional advice. Results mentioned are not guaranteed. Starting a business or an online business always involves risk and demands a lot of time. The success of your (internet) business depends on your hard work and skill. We do not guarantee any business or income. It is also imperative that you consult a tax and/or legal professional in your area to ensure you comply with local, or nation-wide rules and regulations that pertain to your area before you join a peer-to-peer platform or start a business with the purpose of making money. Consult our Disclaimers page for more information.

Beginners Passive Income

Passive income for beginners. Ideas, guides, motivation, inspiration and everything in between.

Affiliate Disclaimer

Beginnerspassiveincome.com is a participant in affiliate programs designed to provide a means for sites to earn advertising fees by advertising and linking to their sites and is compensated for referring traffic and business to these companies. There are no extra costs to you if you sign up to any service through an affiliate link. Please refer to our Disclaimers page for more information.

Content Disclaimer

This blog does not provide legal, financial or tax advice and does not create an attorney-client or client relationship. We are not trained or certified financial advisors, and we are not your financial advisor. For legal, financial or tax advice, please contact a qualified professional in your area.We do not guarantee any business or income. Consult our Disclaimers page for more information.

Try Tidio Chatbots
5 Step Passive Income Blueprint
Our passive income blueprint provides five steps to financial freedom. From learning what passive income is, setting up your passive income goals, choosing your passive income idea, having what it takes to achieve your financial dreams, and then give back.
Outsource The Work
Plan Your Passive Income Success
passive income journal tracking

Plan your success to financial freedom over 24 months. Commit. Organize. Track. Grow. Build and execute your plan to replace your current active income with passive income.

Related Articles

Passive Income

What Does Passive Income Mean?

Passive income is income that is earned without trading time for money on an hourly or per-project basis. Not trading time for money means income is not bound to a fixed rate or a 24h/day limit, thus lifting many limitations of active income. Passive income can, however, require a very large financial and/or time investment to set up. Learn more here.

Read More »
eBooks

How To Make An eBook [Video Guide]

You can easily make an eBook for free. You only need a Google account, a computer, and a stable internet connection and eBook content. Using Google Docs, you can create and format an eBook fairly quickly and easily. Learn more here.

Read More »
Audibooks

Audiobook Narration For Beginners

There are many ways you can improve your narration skills. Some factors that affect narration include your posture, vocal cord exercises, intonation, your interest in the content and what you consume before narrating. With the right posture, healthy diet, and preparation, it is possible to produce high-quality audiobook content. Learn more here.

Read More »
Side Hustles

17 Online Passive Income Side Hustles

There are tons of side hustle ideas you can undertake outside of your normal schedule or day job to earn passive income. Making passive income from a side hustle is not something new. Passive income ideas such as eBooks, eCommerce, podcasts, dropshipping, and stock photography can make for excellent side hustles. Most of these ideas are easy to start even for beginners. Learn more here.

Read More »
Jobs

9 Passive Income Ideas for Illustrators

As an illustrator, you can earn a passive income by sharing a passion via a passive income idea. Some ideas include print-on-demand, blogging, affiliate marketing, chatbots, podcasting or selling eBooks. Your choice depends on your interests and what you would like to share. You can combine ideas to create multiple streams of passive income. Learn more.

Read More »
Jobs

8 Passive Income Ideas for Real Estate Agents

There are numerous passive income-earning opportunities for real estate agents. Some streams include blogging, podcasting, creating niche sites, chatbots, selling eBooks, affiliate marketing, YouTubing and many more. With hard work, dedication, and skill, you can turn your passion into a passive income stream. Learn more here.

Read More »
Chatbots

How to Make Money Selling Chatbots

You can make an excellent income by creating and selling chatbots. One way of monetizing your blog is by selling it to a company/business or offering it to them for free, and earning a commission on sales from it. Many businesses are willing to buy chatbots to automate parts of their sales, support, and marketing processes. Learn more here.

Read More »
Chatbots

9 Ways to Make Money From a Chatbot​

You can make money from chatbots in a variety of ways. You can monetize your chatbot with affiliate marketing, eCommerce, advertising, lead generation, surveys, landing page, and sales funnel processes. You could also sell your chatbot to businesses to reduce customer support overhead. Learn more here!

Read More »
eBooks

How to Sell eBooks on Your Own Website

It is possible for you to create and sell eBooks on your website. eCommerce tools such as Ecwid make it super easy to sell products online. For instance, if you run a niche site on educational content you can create and sell eBooks about your niche topics and earn income through your online store. Learn more here.

Read More »
Jobs

6 Passive Income Streams for Lawyers

There are numerous passive income-earning opportunities for lawyers. So long as you are passionate or knowledgeable in something, you can turn it into a passive income source. Some easy streams you can earn passive income from include blogging, podcasting, creating niche sites, selling eBooks, affiliate marketing and many more. Learn more here.

Read More »
Ideas

10 Ways to Create Multiple Streams of Passive Income

Yes, you can create multiple streams of passive income by combining different passive income ideas. Online, you could combine affiliate marketing, blogging, YouTube, and Ad placement, and monetized chatbots. If you were running passive income businesses (brick and mortar) you could combine a laundromat with an ATM, self-service vending machines and more. Learn more here!

Read More »
Jobs

8 Passive Income Ideas for Massage Therapists

There are numerous passive income-earning opportunities for massage therapists. Some streams include blogging, podcasting, creating niche sites, Chatbots, selling eBooks, affiliate marketing and many more. If you are passionate about massage therapy, you can build a passive income stream to turn it into a passive income source. Learn more here.

Read More »
Passive Income

What are Passive Income Streams?

Passive income streams are sources of income that enable a person to make a regular, sustainable income without having to trade time for money. Although the income you earn is passive, it takes time, money, effort and skill to initially build, and then run a passive income stream to keep it profitable. Learn more here.

Read More »
Ideas

6 Awesome 3D Printing Money Making Ideas

You can make money 3D Printing, even if you are a beginner. Some ways you can make money 3D printing include selling 3D printed objects, leasing your 3D printer, offering 3D printing training, or creating 3D printed models. You do not have to have advanced development or design skills to get started. Learn more here.

Read More »
Jobs

9 Passive Income Ideas for Students

You can earn passive income as a student by dedicating time to building a passive income stream. Some great ideas for students include blogging, building niche sites, selling digital products, charging scooters, selling eBooks, affiliate marketing and more. Learn more here.

Read More »
Jobs

8 Passive Income Ideas for Artists

Artists can make income passively, but not just from their artwork. The growth of technology and especially the internet has brought about many opportunities that artists can use to grow their income streams like blogging, affiliate marketing, print-on-demand services, eCommerce, 3D Printing and more. Learn more here.

Read More »
Jobs

8 Passive Income Streams for Teachers

There are numerous passive income-earning opportunities for teachers. So long as you are passionate or knowledgeable in something, you can turn it into a passive income source. Some passive income streams teachers can build can include blogging, podcasting, creating niche sites, chatbots, selling eBooks, affiliate marketing and many more. Learn more here.

Read More »