5 Amazing Ways To Earn Passive Income In 2017steemCreated with Sketch.

in #money7 years ago

5 Amazing Ways To Earn Passive Income In 2017


"Don't get lost working for money, make the money work for you".

 

passive income

 

That is the main principle of earning passive income. And in 2017, the best ways to earn passive income are the following:

1. Start A Blog - And Monetize It

Starting a blog can be an exciting experience. Your blog can be the sanctuary of your thoughts. There are millions of bloggers earning pretty well from their blogs - whether it's through Google Ads, affiliate programs or other sources.

2. Write A Book - And List It

Are you an expert in a particular niche?

Writing a book can get you some decent money. Plus, there are always readers worth of your advice. Putting your ebook on Amazon for a minimal price of $5 may get you some nice sales. Plus, it can be the bridge to your new career as an author.

3. Sell an Online Course - With Membership

If you are an expert, aside from writing a book, you can shoot a video course and then sell it on websites like Udemy. However, make sure you go in detail about your niche and help users achieve something. Only with this, your course will be purchased.

4. Build An Ecommerce Site - And Dropship

Dropshipping is a great trend nowadays - and a great way to earn passive income online. Basically, it is all about setting up your own online shop - and linking every order to Amazon. This way, you don't do any work and are only an intermediary earning from the price difference.

5. List Your Services - And Outsource The Work

Although this may be a risky idea, it is definitely worth trying. You can act as the bridge to new services which are cheap - and list them as more expensive. For example, you can list yourself as a web developer on many websites - but use offshore freelancers to do the job at a lower rate.

Conclusion

Passive income has always been in fashion. It is not the smartest people who make the most out of it - but the hardest working ones. So, roll up your sleeves and do some work!

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