TOP 5 WAYS TO MAKE PASSIVE INCOME!!!!!!!!
Start A YouTube Channel
Starting a Youtube channel is the simplest way of making money online and needs no investment.
YouTube gets almost 5 billion video views per day which proves its power on the internet.
Felix Kjellberg, the owner of PewDiePie (a YouTube account), has earned 12 million dollars in 2015 by running a single YouTube channel.
You too can see such success if you capitalize on the opportunity that YouTube provides us currently.
Suitable For -
People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.
Skills Required -
Ability to create a video using software tools or record a video using your mobile phone or camcorder.
Time Required For Starting A YouTube Channel -
Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos.
Tips -
1. Create a YouTube channel around a specific theme such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random unrelated videos channel.
For e.g. If you love gadgets you can create a gadget reviews channel where you can post review videos of the latest gadgets and help people to decide whether it's a right choice for them.
2. Select a theme in which you're really interested. Analyze other videos related to your topic, see how many views those videos get.
It will help you to get an overview of how many people are interested in your theme.
3. Generally more the views more beneficial the theme is. As more people are searching for it.
4. Check out if there’s any missing concept in the currently existing videos related to your theme.
You can cover these concepts in your videos to fetch more views.
5. Give your best to engage with your audience. Study comments people leave on your videos, learn the hidden expectations that your audience has from you.
6. Try to find out what they like about your videos and what they don't. Study which videos get the highest retention rate and find the reasons behind them.
7. Spy on your competitors and try to model the things that are working for them. But never try to copy them, always maintain your uniqueness.
8. Always try to improvise each new video from the last one.
So when you look at your first videos after few years, you should think aww how bad I was earlier.
That's a good sign; it shows that you've improved.
9. Experiment, experiment and experiment. Never fear to try something new and see how it works.
Experiments are the only way where you can find new and exciting stuff which can catapult you way ahead of your competitors.
10. Finally, try to collaborate with other YouTuber's who are doing similar work.
Learn their strategies and mindset. Working together can do wonders for your channel.
11. Have fun. Do the things that you love and enjoy your life.
How To Monetize -
The general rule for monetization in YouTube is very simple. More views your videos get, more money you’ll earn.
You’ll just have to enable the monetize option in your YouTube channel settings.
It's very simple.
WANT TO SEE ABOUT YOUTUBE CHANNEL : http://npme-7708blog.blogspot.com/2020/04/to-make-money-on-youtube.html
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Sell Photos
Suitable For -
People who have the passion for photography.
Skills Required -
Ability to take versatile and creative photos.
Time Required For Starting Photography -
If you are an experienced photographer you can start almost instantly.
If you are new you might need time to learn photography. Learning time completely depends on how quickly you grasp the concepts.
How To Monetize -
There are many ways to earn a lot of money from photography, mentioning a few.
1. Sign up at the following websites, upload your photographs and start earning money once people start buying them.
2. Remember, creativity is really necessary for photography.
You will have to bring more professionalism and creativity in your photographs to start earning a good income.
Merely taking random photographs from your cell phone or a digital camera is not going to work here.
3. You can even start your own photography website and sell your photographs directly from there.
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Do Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate's own marketing efforts.
Suitable For -
People who love to talk, write, explain and have the ability to persuade.
Skills Required -
Ability to promote product online using social media, videos, ads etc.
Time Required For Starting Affiliate Marketing -
Virtually within an hour. You just need to select an online product that pays you a commission when you promote and sell it using your affiliate link.
Tips -
1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.
There are lots of products available in every domain you just need to find a domain which is suitable for you.
2. Places to find products: Clickbank.com,
These websites have thousands of products listed from multiple domains.
3. Choose a product that pays you at least 50% commission on each sale.
4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.
Just get your custom affiliate link created by the vendor and start promoting it.
5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit.
How To Monetize -
Monetization is simple, just make more people to buy the product through your affiliate link.
Create a Facebook page or Banner ads with the aim of promoting the product.
Tell people how the product will help them to solve their problems.
Improve people’s knowledge about the domain and help them to solve other related problems.
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Publish A Kindle eBook
Publishing an Kindle eBook is another simple way of generating consistent passive income.
Did you know that Amazon.com is the biggest competitor to Google than any other search engine like Yahoo or Bing?
More shoppers try to search a product on Amazon than on any traditional search engine.
When people want in-depth information on a specific topic, they don’t search for blog posts on Google but instead try to find a highly recommended book on Amazon.
Your aim should be to leverage the power of Amazon.com’s growing outreach and popularity to generate a stable passive income source.
Suitable For -
People who have in-depth knowledge on a certain topic or love to do research and explain it in an easily understood from.
Skills Required -
1. Ability to provide detailed insights on a particular topic.
2. Ability to provide some extraordinary tips for solving people’s problems.
Time Required For Creating An eBook -
The time required completely depends on the creator of the eBook. What topics he/she wants to cover? How many details does the creator want to include?
These are the important factors that define the time required.
Tips -
1. Research, research and research. It is the key to successful Kindle eBook product.
Research about what people are looking for in the domain related to your eBook's topic.
For example, if you are creating an eBook on ‘Yoga exercises to lose weight' look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from a book?
You can easily conduct this research by studying the comments, reviews and popularity of the existing competitor's books on Amazon.
2. Write for one reader. When you know your ideal reader, you know how much he/she already knows.
You can avoid boring him/her with obvious information, and you can provide exactly the information he/she’s looking for.
3. Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers.
More questions mean more people are looking for answers and that’s a good sign.
5. Look out for the market gaps in your selected domain. And see whether there’s demand for some topic, see whether your eBook can cater that demand.
6. Visit Amazon.com and see how many books are present in your selected domain. Are people buying those books?
This will help you to understand the demand and purchasing ability of the market in your domain.
7. Find a few friendly readers who match your ideal reader profile and give them your first draft.
Not only will they help make your book better, it will also boost your confidence.
How To Monetize -
Sign up to Kindle Direct Publishing Program, with this you award exclusive distribution rights for your Kindle eBook to Amazon.
This will allow you to sell your eBook in all the countries where Amazon.com is available giving it a massive exposure at launch.
Create a small niche site on the related topic and promote your eBook through it. The more eBooks you sell the more money you make.
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Start Data Entry Work
Data entry is a very popular online job available today. I am sure you must have read about it before if you searched for money making opportunities online.
A typical data entry job involves reading data from one source and typing it into another.
For example, reading data from a PDF report and typing it into Excel sheet is a kind of data entry job.
Nowadays many businesses collect an enormous amount of data such as customer details, product details, research data and so on.
They collect these data via various mediums such as website, social media, forums, surveys and so on.
As this data is gathered from multiple sources, they need to aggregate all this data into one platform where they can study and perform analysis on it.
For this purpose, businesses need people who can do this data entry work for them.
Most of the businesses outsource data entry jobs to other companies who hire independent home-based contractors to do data entry jobs for them.
This provides you a great opportunity to earn money on the internet.
Suitable For -
Almost anyone.
Skills Required -
1. Fast and accurate typing skills.
2. Basic computing skills
3. Experience in working with word processing software such as MS Word.
4. A good working computer with high-speed internet connection.
How To Get Started -
Even though data entry jobs are very popular, finding legitimate data entry companies has become very difficult due to multiple data entry scams going around on the internet.
My advice to you is to remain extremely cautious before you sign up to any of so-called data entry program.
And remember that legitimate companies will never ask for any money to apply for data entry jobs offered by them.
To give you a head start you I am enlisting three legitimate websites/URLs where you can sign up as a data entry work .
1. Tdec.com
(Exact URL - http://www.tdec.com/contact-us/job-opportunities)
(Exact URL -
http://www.diondatasolutions.net/opportunities.htm)
(Exact URL - http://axiondata.com/employment.htm)
Expected Earnings -
Traditionally data entry jobs from home won’t earn you much money as work availability is not very consistent.
Sometimes you’ll find work other time you won’t hence earnings are not that much consistent.
Data entry is not going to make you rich, but it’s a good way to utilize your free time and earn some money on the fly.
DEVELOPED BY :
N.P.M.ESHWAR
