 |
| pin this image for later |
Today I want to share with you the most interesting passive income in 2020 What is passive income? That money you earn without actively working on it – in short – money comes by working smart.
Why do you need a passive income?
Simple to be sure in tomorrow’s days. There are several ways you can build your passive income – I will share with you only those that help me and helps my friends.
Create e-store It can be with digital or physical products. niche also can be any you like – the huge market is
kids products 0 clothes, furniture, decor for kids, etc.
E-Books yours only someone’s – can resale online.
Beauty Equipment – or any beauty products – are quick goes to sale.
I can add – t-shirts- designed by you, or any decor for home.
Make business- that someone else can make work done.
What did I do?
I have 2 businesses- in a construction field- people work there – I did a website – clients call- and ask for their services – they make service and get paid. Another way is if you are far from the big city – same – create a website – promote for 1 big city – let’s say – repairment of refrigerators – receive calls and resend people to the repair point.
Can be also hired some people to receive phone calls. You just have to control the amount of clients is been sent to the service point.
Real Estate If you have already some money on your hands- invest them into real estate but commercial – you can lease it for someone – as for beauty salon or food shop – even it’s small- rent for an office. You can also get a real estate in credit- let people live there and pay your credit. This apartment will be yours in a few years, and you will have your own flat ( house) later.
Car for rent
If you have a car – may be cheap one- rent to someone – on a daily basis- don’t forget to make a contract – faster will rent a taxi driver or someone who came into your city.
Create Youtube videos
Youtube is so famous – and they are ready to pay for educational videos or entertainment- but it takes more time for work … Educational videos – are the best -as people want to learn new things every day and if you are an expert in something – share it with others- people run all day – and still need more new interesting information!
Start a blog
I have no idea about what niche you like- but take this niche and share interesting content for people to read. There are a million ways to monetize blogs.
No comments: