Nowadays, there are numerous ways of earning passive income both online and offline. They usually start out as side hustles such as gaming, blogging, niche sites, podcasting, YouTube etc, that you can turn into passive income streams.
Can you earn passive income online? There are thousands of hundreds of people making a full time passive income online. Some ways to make passive income online include blogging, selling eBooks, eCommerce, podcasting, dropshipping, and selling stock photography.
In this article, we seventeen legit passive income side hustle ideas you can undertake to make some extra cash and supplement your income. Just keep in mind that you need patience, consistency, determination, and skill to succeed. The idea may not be passive at first, but with the right strategies and effort, you can eventually stop trading your time for money and make income. Click on the orange button under each idea to view a comprehensive beginner’s guide about each side hustle. Let’s get started.
Blogging is an awesome side hustle that can be done on a variety of topics from anywhere in the world. Becoming a successful blogger requires more than having good writing skills and content. You also have to consider factors like niche topics, target audiences, and methodologies to actually get found in search engines like Google. We love Project 24 for this. Learn more about blogging for passive income in our guide.
Making passive income from drop shipping sounds easy but there’s a lot to it you need to know before you can start actually making money. One thing you should really know before getting started is that drop shipping can incur many expenses. To become a successful dropshipping you have to consider your profit margins, product prices, customer acquisition costs, expenses and a lot more. If you are interested in dropshipping as a side hustle check out our very in-depth guide.
You can earn quite a lot of money by having a monetized YouTube channel. Instead of making videos and getting paid per hour, you can choose to monetize your channel and earn from ads, affiliate marketing, memberships, sponsorships and more. The amounts you earn depend on a number of factors including the size of your audience, type of content and if your channel meets the monetization criteria. For more on how you can make money from YouTube check out our guide.
4. Niche Sites
A niche site can make for an excellent source of passive income. You can create content on specific topics to generate traffic on your site. Project 24 by Jim and Ricky features tested methods to help you grow, market, and start earning from your niche site in just under 24 months. If you are interested in learning more about niche sites, click on our guide.
Making an eBook is actually easy and fun. You can choose between interesting topics, design your cover, write content, and sell the eBook on your site or Facebook page. You could also hire a copywriter and have someone do the work for you! eBooks can make income for a long time and can make for a good side hustle. If you want to learn more about how to make passive income from an eBook, check out our guide.
If you enjoy playing video games, this is for you. Gaming is an excellent passive income idea that can help you supplement your regular income. You can use video platforms such as YouTube and Twitch to stream live games to your audiences and earn from ads, affiliate marketing, eCommerce and more. For more on how you can make passive income from gaming, click on our guide.
eCommerce is a reliable source of passive income when setup correctly. You can participate in eCommerce activities as a side hustle and grow your online business. Some of the products you can sell using eCommerce include digital products, tangible products such as clothes and jewelry, you can also sell other people’s products for a commission (dropshipping) or customized products with print-on-demand. For more on how you can make passive income from eCommerce, click on our guide.
Chatbots are highly interactive AI programs that can generate leads, interact with customers, and offer solutions on your behalf. A Chatbot can help you make passive income for an extended period and you do not have to be a developer to create one. Making a Chatbot is fairly easy and you can learn more about how you can make and use Chatbots to make a passive income in our guide.
The market for audiobooks has been growing steadily over the last few years. Making and selling audiobooks can make for an excellent passive income opportunity. You can use sites like Fiverr to create, promote your content. When making audiobooks you have to ensure that your listeners can hear you clearly. You also have to narrate interesting topics and include tone variations where necessary. Audiobooks do not require a lot of capital to start. Audiobooks can be an awesome side hustle and can earn you good money. To learn more about how you can use audiobooks to make a passive income click on our guide.
Copywriting is a sure way of making passive income for a long time. Copywriters are highly skilled writers who create content on behalf of their clients. You can become a freelance copywriter, or start a copywriting agency. Copywriting can make for an excellent side hustle. If you are new, you should start by gaining experience and building your skills. If you are interested in learning more about how you can make a passive income through copywriting check out our guide.
11. Niche Membership Site
Starting and running a niche membership site can make for an awesome side hustle. Niche membership sites earn income by charging membership fees, affiliate marketing, running ads, etc. You can also interact with members, generate ideas, and grow your audience. In order to have a successful niche site, you must create quality content that is in touch with what your members want. For more on how to make passive income using niche membership sites, click on our guide.
12. Selling Stock Photos
If you have some idle photos lying around, or just love photography, this passive income idea is for you. You can make quite some money by selling high-quality stock photos online. Platforms such as Shutterstock, Alamy, iStockphoto, Evanto Market will readily sell quality photos from their members. First, you have to register and open an account with the platform. For more on how to make passive income from selling your stock photos and videos, click on our guide.
13. Selling on eBay
eBay is one of most popular online market places in the United States. Thousands of buyers visit the platform daily looking for the best deals on products. You can make a passive income by selling your products on eBay. You can decide to sell your own products or flip other people’s stuff. We have a detailed step-by-step guide for beginners who want to start selling on eBay. If you find this topic interesting, click on our guide.
Podcasts can be an excellent source of passive income when monetized correctly. Podcasts can also help you build up an audience that you can sell other products in the future. Podcasts are on average between twenty minutes to an hour, making them an excellent choice for a side hustle. You can use podcasts to grow your audience and monetize. If you are interested in podcasts as a passive income idea, just click on our guide.
15. Flipping Domains
Flipping domains is a very passive means of generating an income. You can buy domain names for a low price, hold them, and sell them later at a much higher price. Flipping domains can make for a good side hustle, however it does present the risk of you never selling your domain name. This passive income idea does not need a lot of money to start however since domains only cost around $10 per year. Online sites such as Namecheap have thousands of domains waiting for buyers. Factors such as pricing, niche decision, the popularity of the domain name are important to take into consideration. For more on flipping, domains to make passive income, click on our guide.
16. Affiliate Marketing
Affiliate marketing is an excellent source of passive income. People are making money by joining affiliate-marketing programs on popular platforms. For instance, Amazon runs an affiliate marketing service that allows members to receive commissions from successful product sales. To become an affiliate marketer, you first have to sign up for the service, identify a product, and promote the product through the selected links. For more information on how to make passive income from affiliate marketing, click on our guide.
17. Print on Demand
Print on demand is a passive source of income that can become an awesome side hustle. You earn by using online platforms such as Printful to upload designs to products. Once a buyer decides to make a purchase, the order is sent to the printing company with the shipping address of the buyer. They fulfill the order for you and deal with returns. Print on demand is ideal for beginners or people who don’t have a lot of money to invest to get started online. For more information on how you can use print on demand to make passive income, click on our guide.
Can I make passive income as a side hustle? Most passive income ideas are side hustles that do not necessarily require you to quit your day job. Most of these ideas can actually be done during breaks or after work hours. You can consider ideas such as blogging, gaming, podcasts, and more. They will probably consist in active income at first, but there are many ways to make a side hustle passive.
Are all passive income ideas online? Not all passive income ideas need to be carried out online. For example, passive income businesses such as laundromats, self-service storages, self-service stores, car washes, arcade games and more do not need to be carried out online to be successfully passive income sources.
How much money can I make from passive income? The amount of money that you can make from passive income ideas depends on a number of factors such as, your idea choice, niche decision, audience, your determination, motivation, skill etc. Earning passive income can take some time, it is always advisable to keep your regular stream of income just in case.