Passive Money Making: 10 Simple Ways for Newbies Online.

Passive ways to earn money online as a newbie include taking surveys, selling photos, and renting out extra space. If you’re looking for ways to make money online without putting in too much effort upfront, these methods are great options.

The internet has opened up endless possibilities for making money online. However, if you’re new to the scene, it can be overwhelming to figure out where to start. The good news is that there are plenty of passive ways to earn money online, meaning you can make money without actively putting in too much time or effort.

In this article, we’ll explore some of the best passive income streams for beginners, including taking surveys, selling photos, and renting out extra space. With a little bit of patience and dedication, you can start earning some extra cash on the side from the comfort of your own home.

What Is Passive Income?

Passive Money Making: 10 Simple Ways For Newbies Online

Passive income is money that is earned with little to no direct involvement from the earner. It is different from active income, which is earned through direct and active participation such as a traditional 9-to-5 job. We will discuss the definition of passive income, active income vs passive income, and provide examples of passive income that anyone can start to generate.

Definition Of Passive Income

Passive income is a type of income that is generated from a source that requires little to no effort to maintain and continue earning. It can be earned through a variety of means such as rental income, investments, or digital products.

Passive income offers financial freedom and the ability to make money while you sleep.

Active Income Vs Passive Income

Active income involves exchanging time and effort for money. It includes salaries, wages, and hourly pay. On the other hand, passive income is a way to earn money with little involvement in the actual project. Passive income requires an initial investment of time and money to set up and manage it, but once it’s established, it can continue to make money.

Examples Of Passive Income

Here are some examples of passive income:

• Rental income: Renting out property such as apartments, houses, or storage spaces can generate a steady flow of passive income on a monthly basis.
• Dividend stocks: Purchasing dividend stocks allows you to earn money through stock appreciation and dividends without actively trading.
• Affiliate marketing: Promoting other people’s products to your audience can earn you a commission on every sale.
• Digital products: Selling digital products such as e-books, courses, or printables can generate passive income as long as these products are still selling.
• Peer-to-peer lending: Investing in peer-to-peer lending allows you to earn interest on loans without having to manage them directly.

Passive income is a fantastic way to earn money with minimal effort and can help you achieve financial freedom. The key is to invest time and resources upfront to establish a source of income that can generate money sustainably.

Method 1: Blogging

Passive Money Making: 10 Simple Ways For Newbies Online

Are you tired of the 9-5 grind and looking for ways to make money online? Passive income can be a fantastic solution, as it allows you the freedom to earn money without actively working. One of the best ways to generate passive income is through blogging.

In this section, we’ll discuss everything you need to know about the world of blogging and how to get started with your own blog.

Overview Of Blogging

Blogging is a method of publishing online content on a website, where writers share their thoughts, ideas, and knowledge on various subjects. Blogging began as a personal diary online, but now it has become a popular tool for businesses to connect with their audiences.

Blog content can be shared on social media, email newsletters, and other platforms, making it an essential online marketing tool for many businesses.

Setting Up A Blog

Are you ready to start your own blog? Here are the essential steps to setting up your own blog:

• Choose a domain name: Your domain name is your website’s address, so pick a name that is easy to remember and reflects your blog’s content.
• Select a web hosting service: A web hosting service is where your blog will be stored on the internet, so choose a reliable hosting provider that suits your needs.
• Pick a blogging platform: There are many blogging platforms available, but wordpress is one of the best. It’s easy to use, customizable, and offers a range of plugins.
• Design your blog: The design of your blog is crucial to attract readers. Pick a theme that suits your niche and branding.
• Add essential pages: Create essential pages like about page, contact page, and privacy policy.

Monetizing A Blog

Once you’ve set up your blog, it’s time to start making money! Here are some ways to monetize your blog:

• Advertising: Advertising is a popular way to make money from your blog. You can join an advertising network like google adsense and display ads on your website.
• Affiliate marketing: Affiliate marketing is a way to earn commission by promoting other people’s products on your blog. You can join affiliate programs related to your blog’s niche and promote their products on your website.
• Sponsored content: Companies may pay you to write a post about their products or services.
• Digital products: You can create and sell digital products related to your niche, such as ebooks, online courses, or templates.

Blogging is an excellent way to generate passive income. By providing valuable content, building relationships with your audience, and monetizing your blog, you can create a sustainable source of income. Follow the steps above, and you’ll be well on your way to starting your own successful blog and earning passive income online!

Method 2: Affiliate Marketing

Passive Money Making: 10 Simple Ways For Newbies Online

Passive income is one of the best ways to make money without having a 9-5 job. Affiliate marketing is one such method that has gained popularity among people who are looking for ways to earn an extra income.

Overview Of Affiliate Marketing

Affiliate marketing is a type of marketing where you promote other company’s or person’s products. You receive a commission for each sale made through your unique affiliate link. The process involves finding a product, promoting it, and earning a commission from every sale made through your referral link.

Becoming An Affiliate Marketer

Becoming an affiliate marketer is easy. You need to follow these simple steps:

• Choose a niche or topic that interests you. It could be anything from fitness, beauty, or cooking to digital products.
• Research the top affiliate programs in your niche.
• Create a blog or website, and start promoting your affiliate links in your content.
• Grow your audience, and start earning a commission for each sale made through your unique link.

Choosing The Right Products To Promote

Choosing the right products to promote is essential for affiliate marketing success. Here are some tips to help you choose the right products:

• Choose products that align with your niche or topic.
• Research the product’s market demand and competition before promoting it.
• Choose products that offer a commission rate of 30% or higher.
• Test the products yourself before promoting them to ensure their quality.

Affiliate marketing is a lucrative way to earn passive income. Becoming an affiliate marketer is easy, and choosing the right products to promote is crucial. Remember to choose products that align with your niche, have high market demand, and offer good commission rates.

With these tips, you can start promoting your affiliate links and earn an extra income online. Happy marketing!

Method 3: Creating An Online Course

Creating An Online Course: Passive Money Making Method 3

The online learning market has grown significantly over the past decade, providing an excellent opportunity for you to create an online course that could earn money on autopilot. With the right skills, knowledge, and market demand, you can turn your expertise into an income-generating asset that requires minimal effort to maintain.

Overview Of Creating An Online Course

Creating an online course is not rocket science. Here are the essential steps to follow:

• Choose a topic that you’re passionate about and have expertise in.
• Create a structured course outline that would add value to your audience.
• Plan and develop high-quality lessons, including videos, audios, texts, worksheets, and quizzes.
• Choose an online course platform like thinkific, udemy, or teachable and upload your course.
• Promote your course on social media, your website or blog, and other marketing channels.

How To Choose The Right Topic

Choosing the right course topic is crucial to the success of your online course. Here is a guide on how to choose a winning topic:

• Identify your target audience – who is your ideal student? What are their needs, desires, and problems?
• Brainstorm course ideas – what do you like teaching? What are you passionate about? What skills do you have that people are willing to pay to learn?
• Research the market demand – is there a demand for the course you want to create? Are there any competitors in your niche? What are they offering, and what can you do differently?
• Validate your idea – use online surveys, keyword research tools, or social media polls to gauge your audience’s interest and willingness to pay for your course.
• Choose a specific, narrow, and focused topic – avoid broad or vague topics that are difficult to cover comprehensively.

How To Market Your Course

Marketing your online course is crucial to gain traction, attract students, and generate sales. Here are some tips on how to market your course effectively:

• Create a sales page – write attention-grabbing headlines, benefits, features, testimonials, and a clear call-to-action.
• Use social media – share your course on facebook, twitter, linkedin, and other relevant platforms.
• Leverage email marketing – send newsletters, promotions, discounts, and reminders to your email subscribers.
• Collaborate with influencers and affiliates – reach out to bloggers, podcasters, youtubers, and influencers in your niche to promote your course.
• Offer free content – create youtube videos, blog posts, podcasts, or webinars to showcase your expertise and build trust with your audience.
• Provide excellent customer service – respond promptly to your students’ questions, concerns, and feedback.
• Continuously improve your course – update your course regularly, gather feedback, and improve the content to keep your students satisfied and coming back for more.

Creating an online course is an excellent way to earn passive income. With the right topic, high-quality content, and effective marketing, you can create a profitable online course that generates money on autopilot. Start today, and take advantage of the booming e-learning industry.

Method 4: Investing In Stocks

Passive Money Making: 10 Simple Ways For Newbies Online

Passive income is a great way to earn money by doing less work. Passive income can be generated in many ways, such as investing in stocks, real estate, or even creating digital products. In this blog post, we will focus on investing in stocks, which is one of the most popular ways to generate passive income.

In this section, we will cover the basics of investing in stocks, how to choose the right stocks, and how to earn a good return on your investment.

Overview Of Investing In Stocks

Investing in stocks can be a lucrative way to generate a passive income. Stocks are a type of security that represents ownership in a company. When you invest in stocks, you are buying a small piece of a company, and as the company grows and becomes more profitable, the value of your investment increases.

Here are some things to keep in mind when you are investing in stocks:

• Stocks can be volatile and risky, and their value can fluctuate depending on the time and market trends.
• Investing in stocks requires research to understand the company’s history, performance, and future growth potential.
• Investing in stocks is a long-term strategy, and you should keep your investment for at least five to ten years to see a significant return.

How To Choose The Right Stocks

Choosing the right stocks to invest in requires a bit of research and practice. Here are some things to keep in mind when choosing a stock to invest in:

• Look for companies with a history of steady growth and profitability.
• Research the company’s management team and their strategies for future growth.
• Consider the company’s competitive advantages, such as patents, strong brand recognition, and industry dominance.
• Evaluate the company’s financial health by looking at their revenue and cash flow statements, balance sheet, and debt to equity ratio.

Earning A Good Return On Your Investment

To earn a good return on your investment, you should keep the following points in mind:

• Invest in companies with a strong history of growth or ones that are likely to grow in the future.
• Consider diversifying your portfolio by investing in multiple stocks from different industries.
• Keep an eye on your investments and review their performance regularly. You should consider selling stocks that are underperforming or not meeting your investment goals.
• Do not panic during volatile markets, and avoid making emotional decisions.
• Consider working with a financial advisor to help you make better investment decisions and grow your portfolio.

Investing in stocks can be a profitable and easy way to generate passive income. However, it requires patience, research, and a long-term strategy. By following these guidelines and staying focused, you can build a successful investment portfolio that generates income for years to come.

Method 5: Selling Digital Products

Passive Money Making: 10 Simple Ways For Newbies Online

The internet has made it easy for anyone to make money online without even leaving their homes. The beauty of online business is that one can earn money passively and with minimal effort. Selling digital products is one way to generate passive income.

Overview Of Selling Digital Products

Selling digital products is the process of creating and selling intangible goods online. Digital products are items that can be instantly downloaded or accessed online after purchase, such as e-books, pdfs, online courses, audio files, or software applications.

Types Of Digital Products

Creating a digital product that resonates with your target audience is crucial if you want to make money online. Some of the most popular types of digital products include:

• E-books on specific topics such as health, technology, finance, and personal development.
• Pdfs containing checklists, templates, or guides.
• Online courses dealing with various areas such as web design, coding, or social media marketing.
• Audio files, such as audiobooks or podcasts.
• Software applications such as mobile apps or wordpress plugins.

Creating And Marketing Digital Products

Creating and selling digital products requires some initial work, but it’s definitely worth it in the long run. Here are some steps to creating and marketing digital products:

• Choose a niche topic that you are knowledgeable about, and that will solve a problem for your target audience.
• Conduct thorough research to identify the interest of your potential customers and create a product that is valuable to them.
• Develop and create your product in a format that is easy for your customers to access and use.
• Set a price for your digital product and distribute it through digital marketplaces and forums.
• Promote your product on social media platforms and through email campaigns, using targeted and specific keywords for seo optimization.

So there you have it, selling digital products is one of the best and most effective ways new online starters can make passive income. Not only is the process simple and affordable, but you can create a product once and sell it multiple times, providing you with more time for other passive money-making streams.

Method 6: Creating A Youtube Channel

Passive Money Making: 10 Simple Ways For Newbies Online

The internet has plenty of opportunities for people seeking to earn money online. Passive income is an excellent way to supplement your income, and one of the quickest ways to attain this is through a youtube channel. With youtube, you can generate money while having fun creating content.

This section of our blog post focuses on method 6 – creating a youtube channel.

Overview Of Youtube

Youtube is the second-largest search engine globally, with over two billion active monthly users who watch more than a billion hours of video daily. It’s an excellent platform for creating and sharing video content. As a youtube creator, you can leverage youtube’s vast audience to generate passive income.

Creating A Youtube Channel

It’s relatively easy to create a youtube channel. All you need is a google account and a smartphone or a computer with a decent camera. To create a youtube channel, follow these steps:

• Sign in to youtube using your google account credentials
• Click on the user icon at the top right corner of the page and select “create a channel”
• Choose a name for your channel. You can use your name or any other name that’s easy to remember and reflects your content
• Create a channel description that explains what your channel is all about
• Add an attractive channel art and profile picture that best represents your brand

Once you’ve created your channel, make sure to customize it further by adding links to your social media pages and creating playlists.

Monetizing Your Youtube Channel

Creating a youtube channel is one thing, but making money from it is another. Here are ways you can monetize your youtube channel:

• Youtube partner program: This program enables creators to monetize their channels by displaying ads. Eligibility criteria include having more than 1,000 subscribers and 4,000 valid public watch hours in the past year. Subscribers can skip the ads, but advertisers will pay for every impression or click by users.
• Sponsorships: If your channel has gained popularity, brands may approach you for sponsorships. Sponsored content is a great way to make money through paid collaborations with companies.
• Merchandise: You can create and sell merchandise that reflects your brand.
• Super chat and super stickers: Super chat and super stickers allow fans to pay for sending messages or posting stickers during a live stream. This feature is open to creators who have activated monetization on their channels.

Creating a youtube channel is a viable option for generating passive income online. This method offers excellent opportunities for making money while having fun expressing your creativity. Remember, consistency is key, and it takes time to grow your channel. With hard work and dedication, you can achieve success on youtube.

Happy creating!

Method 7: Selling Stock Photos

Passive money making: 10 simple ways for newbies online.

Passive income is money earned that requires little to no effort in maintaining. And in today’s digital world, there are plenty of passive moneymaking opportunities available online for newbies to explore. One such option is selling stock photos.

Overview Of Selling Stock Photos

Stock photos are pre-existing images used for various purposes. Businesses and individuals often need stock images for marketing, advertising, or creating visual content. As a stock photographer, you can sell your photos to stock agencies for commercial use. Here’s what you need to know to get started:

• Stock agencies, such as shutterstock, istock, and adobe stock, offer photographers a platform to showcase their work to potential buyers.
• Once buyers purchase images from the agencies, you’ll receive a percentage of the sale, typically ranging from 15% to 50% of the sale price.
• The process is simple: Create high-quality photos, upload them to a stock agency’s site, and wait for them to be purchased.

What Types Of Photos Sell Best?

It’s important to keep in mind that stock agencies have specific guidelines for the types of photos they accept. In general, here are some types of photos that sell well:

• Lifestyle and candid shots of people: Buyers often need images of people in various settings, such as working or enjoying leisure activities.
• Nature, landscapes, and cityscapes: High-quality images of scenic settings are always in demand.
• Food and drink: Images of food and drink for marketing purposes are always in demand and can be easily shot at home.
• Business and work-related photos: Images of technology, office settings, and business meetings are always needed for marketing and business purposes.

How To Get Started

• Research stock agencies: Look for reputable stock agencies with a good track record in selling images.
• Sign up and submit sample images: Once you’ve chosen an agency, sign up and submit sample images to gauge their quality standards.
• Take high-quality photos: Focus on taking high-quality, professional-looking photos that meet the agency’s submission guidelines.
• Edit and submit: Edit your photos to make them look their best, and submit them to the agency.
• Wait for approvals and sales: Once you’ve submitted your photos, wait for them to be approved and purchased by buyers.

Selling stock photos can be a lucrative way to earn passive income online for newbies. With the right approach, you can turn your hobby into a profitable business opportunity.

Method 8: Dropshipping

Passive Money Making: 10 Simple Ways For Newbies Online

Are you looking for ways to make money online without having to invest too much time or effort? Then, you might want to consider dropshipping, one of the most profitable online businesses with low startup costs. In this method, you don’t have to keep an inventory of the products you sell.

Instead, you partner with a supplier who ships the products directly to your customers.

Overview Of Dropshipping

Here are some key points to keep in mind if you’re just starting with dropshipping:

• Dropshipping is a type of e-commerce wherein the retailer (you) doesn’t keep the products in stock but instead transfers the orders and shipment details to the supplier (dropshipper), who then ships the products directly to the customer.
• You don’t need to worry about stocking, packaging, or shipping the products yourself.
• You can set up an online store without any physical location.

Choosing The Right Products

An essential factor in becoming a successful dropshipper is selecting the right products to sell. Here’s how you can choose the right products:

• Choose a niche you are interested in or passionate about. It can help you sustain your interest and provide authentic marketing for your store.
• Research the most trending products in your chosen niche. Use social media platforms, google trends, amazon, and other e-commerce websites to identify the most popular products in demand.
• Assess the profitability of your chosen products. Calculate the product cost, including the shipping and packaging costs, and compare it to the market prices.
• Keep an eye on the competition. Check how your competitors are marketing the same products and make sure you can offer something unique to your customers.

Marketing Your Products

After selecting your niche and products, it’s time to promote your business and products to potential customers. Here are some key points to keep in mind when marketing your products:

• Create a user-friendly and visually appealing website for your online store. Use high-quality images, seo-optimized product descriptions, and easy navigation.
• Use social media platforms like instagram, facebook, and tiktok to promote your products.
• Consider paid advertising, like google ads, facebook ads, or influencer partnerships to expand your reach and drive sales.
• Offer various promotions and discounts to your customers, such as free shipping, buy one get one free, or weekly flash sales.

With dropshipping, you can easily start a profitable online business with little investment. However, make sure to commit enough time and effort to select the right products and market them well. Start your own dropshipping business today and earn passive income through online sales!

Method 9: Creating An App

Overview Of Creating An App

Creating an app is an excellent opportunity to make passive income online. Mobile apps are in high demand in today’s ever-growing technological world. Apps can help you establish your brand, boost your company, and provide a consistent flow of revenue.

The following is an overview of creating apps for passive income:

• Brainstorm an app concept, design and develop your app, and launch it on the respective app store.
• Maintain and update your app frequently, providing users with valuable features to keep them engaged.
• Make sure that your app delivers an optimal user experience with fast loading times, eye-catching visuals, and user-friendly navigation.
• Create advertisements and in-app sales to generate revenue and boost downloads.

How To Choose The Right Topic

Choosing the right topic for your app is crucial for success. The market is saturated with millions of apps, so you must make your idea stand out among the rest. To choose the right topic, you need to:

• Carry out extensive research to identify the gap in the market that you wish to target.
• Choose a topic that interests you. If you are passionate about the subject matter, you are more likely to create a successful app.
• Choose a topic with monetization potential. Consider launching a premium version of your app or including in-app purchases to earn revenue.
• Make your app user-friendly and straightforward to encourage downloads.

How To Market Your App

Marketing your app is a crucial step to ensure that it reaches its maximum potential. Here are some ways to market your app:

• Optimize your app’s content, keywords, and graphics for the app store. This process will increase the number of users who see your app.
• Reach out to influencers and encourage them to promote your app on in their content.
• Create a website or blog to promote your app and provide users with additional information.
• Use social media platforms to promote your app and engage users with giveaways and contests.
• Offer users a referral discount to encourage them to share your app with others.

Creating an app can be a lucrative passive income source for newbies online. By choosing an exciting and profitable topic and marketing your app well, you can boost downloads and earn a good income.

Method 10: Earning Royalties

If you’re seeking a passive income stream, earning royalties is an excellent option. In this method, you can earn money every time someone utilizes your creations such as artwork, music, or books. Here’s a brief overview of how it works and what you can do to start earning royalties online.

Overview Of Earning Royalties

• Royalties are a type of compensation given to creators whenever their works are utilized or sold.
• There are many opportunities to earn royalties online, including on-demand print products, digital music streaming platforms, and ebook sales.
• The amount you earn from royalties depends on different factors such as your negotiation skills when it comes to fees, the popularity of your works, and the platform you’re working with.

How To License Your Content

• To earn royalties, you first need to create a product or piece of content that can be licensed.
• Your creations should be unique, and you must have ownership of them. If you’re not sure if you own the rights to use a particular image or song, for instance, seek legal advice to avoid copyright infringement.
• To license your content, you can work with companies that specialize in licensing works such as songwriters, artists, and writers.

Earning A Good Return

• Making a significant amount of money from royalties takes time, effort, and patience. Depending on the type of content you create, it may take a while to build a following and enough exposure to earn substantial royalties.
• Making sure your work is of high quality and marketable can help you sell it more easily.
• You may want to start with a smaller audience, and gradually grow your following to increase your chances of earning the royalties you deserve.

Earning royalties takes time and effort, but it can be a fantastic way to build a passive income stream. Whether you’re an artist, musician, or writer, there are many opportunities online to earn money from your creations.

Frequently Asked Questions For Passive Ways To Earn Money Online As A Newbie

Can Anyone Make Money Online?

Yes, anyone can make money online regardless of age, race, or location. There are many passive ways to earn money, and all you need is determination, hard work, and patience.

What Are Some Passive Ways To Earn Money Online?

Some passive ways to earn money online are affiliate marketing, selling digital products, creating online courses, display advertising, and sponsored content.

Is It Possible To Earn Money Without Investing Anything?

Yes, there are many ways to earn money online without investing anything, such as freelance writing, taking surveys, watching videos, and selling your old stuff. However, to maximize your earnings, it’s recommended to invest some time and effort in learning new skills.

How Long Does It Take To Start Earning Money Online?

It depends on the method you choose and how much time and effort you put into it. Some methods can yield results within a few days, while others may take weeks or even months. Consistency is key when it comes to earning money online.

Do I Need Special Skills To Earn Money Online?

Not necessarily. While some methods like creating online courses and freelance writing require specific skills, there are many other methods like taking surveys and watching videos that don’t require any special skills. However, developing new skills can help you earn more in the long run.

Is It Possible To Earn A Full-Time Income Online?

Yes, it’s possible to earn a full-time income online. However, it requires hard work, dedication, and a lot of time. It’s important to set realistic goals, plan and execute your strategy, and be patient.

Conclusion

Starting a new business venture online can be extremely daunting, especially if you’re unsure of where to start. Passive ways to earn money online are an excellent option for newbies looking for a simple, low-risk introduction to the world of e-commerce.

By utilizing multiple revenue streams like affiliate marketing, stock photography, and dropshipping, you can earn an income while still maintaining a flexible work-life balance. With a bit of research and dedication, these options provide ample opportunities to increase your earnings and establish yourself as a successful online entrepreneur.

As with any business, it’s important to remember that success won’t come overnight, but by setting achievable goals and consistently working towards them, your passive income potential can grow exponentially. So take the leap, and discover the possibilities of earning money online today.