Passive Income Idea to Make Money While You Sleep


Passive Income – Earn money while you sleep.. Yes you read right 

I am obsessed with the idea of passive income. And, unless you were born rich (read your last name is Gates or Ambani).

Making money while you sleep is the dream, right?

I had heard of many people quitting and replacing their full-time job with passive income, but I had no idea where to start.
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one. --Benjamin Franklin

You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow. No business or marketing experience is needed either. It’s a truly democratic medium for entrepreneurship.

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What is Passive Income?

 Passive income automates your earnings so that it requires little to no maintenance on a monthly basis for that income to continue to pour in. It's a departure from one-on-one services toward products and businesses that can operate almost automatically.
Passive income means you make money with little to no effort on your end. 
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Why do you need Passive Income?

The idea of making money while sleeping is very appealing and is a well-proven strategy for financial freedom. Whether you are a college student who needs some money, or you are an adult who needs extra income to pay off your student debt, or you are preparing for early retirement – passive income is good for everyone irrespective of your life stage.
If you want to learn legit ways to make passive income then keep reading.

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The Two Approaches to Generating Passive Income

Passive income doesn’t magically drop from the sky. It is generated from existing assets. And no matter what those income-generating assets are, there are only two ways to build them:

Invest Money

  • Examples:
    • Open a high-yield savings account
    • Invest in crowdfunded real estate
    • Start investing with a robo-advisor
    • Rent out a room in your house
    • Buy your first investment property
    • Get cashback for shopping you already do
    • Buy an already-profitable blog

Invest Time & Effort

  • Examples:
    • Affiliate marketing
    • Start a YouTube channel
    • Start an advertising agency
    • Create and sell an online course
    • Build a website or Blog
    • Sell stock photography online
    • Write an e-book

But In This Post I Will Be Discussing Passive Income Ideas that Require Time & Effort Investment

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  •  Start a Blog
Image result for blogging

Blogging is one of my favorite forms of passive income and it’s one of the best small business ideas.
make money just by people visiting my website from ads, so if you’re reading this article, thank you :-).
I can assure you, I did not write this article today and yet it’s making me money.

How do bloggers make money?

The cool thing about blogging is that there is a near-limitless number of ways to make money.
  • Using display ads
  • Allowing companies to buy sponsored posts on your website
  • Affiliate marketing
  • Selling courses, ebooks or training
  • Consulting
  • Providing a service, coaching or mentoring
  • The list goes on and on…

  • Affiliate Marketing
Image result for Affiliate Marketing

Affiliate marketing is a way to make money by promoting other people’s (or company’s) products and services and earning a commission for each sale you generate.

Affiliate Marketing is when you promote a product or service online and if someone makes a purchase through your referral link, you get a commission.
Best Affiliate Marketing Definition

How Do Affiliate Marketers Get Paid?

how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:

1. Pay per sale.

This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies

2. Pay per lead.

A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.

3. Pay per click.

This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic.

Sounds good in theory, right? But how do you actually get started?
One of the best ways to get started is by having a blog. A blog is your very own website where you can write about whatever you’d like. The most successful bloggers and affiliate marketers usually stick to a specific niche, or topic. 

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  • Get Cash Back From the Stuff You Buy Anyway
I think one of the smartest ways to make a passive income is by using a cash back credit or credit card with rewards. You have to pay for food, gas, bills anyway, so why not get a percentage of that back if you can?


  • Write an Ebook

If you like the idea of writing, but don’t want to deal with the technical headache that can come with blogging, consider self-publishing your own e-book.
 E-books are often much shorter than normal books, which puts less of a burden on you to produce a masterpiece.

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How to Write an Ebook

  1. Choose a topic that matches your audience's needs.
  2. Outline each chapter of your ebook.
  3. Break down each chapter as you write.
  4. Design your ebook.
  5. Use the right colors.
  6. Incorporate visuals.
  7. Highlight quotes or stats.
  8. Place appropriate calls-to-action within your ebook.
  9. Convert it into a PDF.
  10. Create a dedicated landing page for your ebook.
  11. Promote your ebook and track its success.


  • Starting a YouTube Channel
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If anyone tells you it’s too late to start a YouTube channel, ignore them. The platform is booming, and while there have been some controversies over the years, it’s still possible for a new content creator to build a successful YouTube channel from scratch.

You can also monetize your YouTube channel with affiliate marketing. By partnering with other companies, you promote on your channel you can earn a commission when your viewers make a purchase through your referral link.

  • Topic coverage is WHAT your videos will be about.
  • Target audience is WHO your videos are intended for.
  • Reason for existence is WHY they should watch your videos.
For example, MakeUseOf’s YouTube channel includes gadget reviews and tech tutorials (what) intended for people who want to level up their tech-savviness (who) and we do it in a way that’s down-to-earth and approachable for even the newest of newbies (why).

You have to define these things BEFORE you launch your channel. Otherwise, you’ll end up with a hodge-podge channel that fails to capture any kind of meaningful viewership, and no meaningful viewership means no long-term success.

“If you build it, they will come.” Right? NO! Not for YouTube. You can go for many years producing new videos every day and never crack 1,000 subscribers. It’s hard work, and you can’t be passive about it.

Want to succeed? You have to promote yourself. Here are a few ideas on how you can do that, without being overly spammy:
  • Social Media: Building a social media following can be just as hard as building a YouTube channel, but if you have followers already, they might be your first fans. You can also consider doing social media giveaways for exposure.
  • Forums: These are great, especially the big ones like Reddit. Find a community that’s relevant to your content, then share ONLY your best content. Don’t share too frequently, else you may be banned for spamming.
  • Collaborate: Working with others isn’t just a good way to network and expand your contacts—when they share your collaborations with their audiences, it exposes their audiences to you. It’s a win-win for everybody.
Bear in mind that promotion is a long game. It may take months, or even years, for your channel to gain popularity

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  • Create and Sell Online Courses

Image result for Create and Sell Online Courses

Build a Six-Figure Online Business Selling Online Courses

The Internet is full of “experts” — but most of them are wrong.
It seems like every day there's a new training, free guide, or blog post promising that you can make a gazillion dollars if you just buy this product. There’s no shortage of training courses teaching the tactical tools and techniques to create and sell an online course.
While that’s extremely valuable and a necessary part of any course creation and promotion, just knowing the mechanics of doing something doesn’t guarantee you’ll be successful at it.
This missing component is the reason so many course creators fail at making their courses profitable.

All you need to create, launch and profit.
This comprehensive training program provides absolutely everything you'll need to successfully launch your own online business, courses and programs and profit from them.
From figuring out what you should be teaching to positioning, pricing, and marketing, I'll walk you through everything you need to know to create and launch a unique course that customers will happily pay premium fees for... and we'll work together to do it, step-by-step.

I hope these passive income ideas inspire you to start a new revenue stream. When I started making money online, I was convinced that anyone can do this. I will be honest and say that it takes a lot of work, determination, and patience but it’s worth it.
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