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11 Genuine ways to make

passive income in 2020


• Type of people around us
6-12 Passive
9-5 Extra income
jobs income (work
(With once)
study or
with job)

• Passive income is basically you work once for


something and that pays you forever without any
further efforts.
• Make money while you sleep
• It includes your passion experience and skills.
1. Invest in Real Estate
• Real estate invest is the most easy way but requires
high initial investment
• A hack to get rid of high investment is at the end
• Rent your properties and get a sum of money every
month.
• Sell your property after a period of time making profit
and buy a new one with the same money and the cycle
goes on and on.
• You can even make the group of people interested in
making money passively and divide the investment and
return for easy workout of the process.
Dividend income
• Dividend is basically money paid to
shareholders of stock in cash.
• This investment will give you a payout every
quarter.
• Even warren buffet is the fan of dividend
paying stocks.
• Knowledge about the stocks and picking the
right stock is really necessary in this. This will
help you sustain on your investment for years.
List your property on Airbnb
• Airbnb is the service which provides short-term
rental properties. People prefer this in
comparison of staying in a hotel.
• You need to rent your spare rooms and not the
whole property. Cleaning and maintaing the
property is the only you need to take care of.
• Even this part can be eliminated if you hire a
property management company and this will
make it a truly passive income.
Write a book
• Only once the effort of creating a book is to be
done, after that sell the book and collect the
revenue.
• List the book on amazon and then you could
receive a cheque every month
• the more you do the marketing of your book,
the more of sales you will receive.
• This will include you passion for book writing
and skills.
Affiliate marketing
• This means that you get a commission on products or
services that you refer to you audience without
incurring an extra cost to them.
• This can be performed through your website, your
social media handles, your personal contact and many
other ways to refer people.
• The goal is to get people click your link and buy the
product.
• People are making a great fortune out off just affiliate
marketing.
• Best examples are, amazon affiliate program, clickbank,
etc..
Create a digital product
• Online courses can be a great option, you
need to create the course once and the take
the full revenue on sales.
• Courses should solve a problem, provide some
value and there should be a need for your
course.
• You can sell your courses on teachables,
udemy, your own website, etc
Create an e-book
• Write an e-book and list that on amazon. Once
you write the book, amazon does all the
efforts and you have to take away the
revenue.
• Reading a book online than buying an actual
book is more preferable now a days .
• Not only amazon you can even sell your eBook
through your own website.
YouTube videos
• Youtube is the best platform to make money without
actually investing anything. We are investing time and
efforts to make an consistent passive income through
ads that displays on videos we upload.
• For passive income on youtube you need to make
videos on regular interval and than all the videos that
you made till date will generate income forever.
• For this a few videos will not work, you need to make
more than 100 videos and build the subscriber base
and viewer base to watch your videos on regular basis.
• It takes a lot of time in initial stages but at certain level
your hard work will pay off.
Create a mobile app
• Come up with a great idea or improve an existing
application
• Solve the problem or complete a need for people
• Make a great source of passive income.
• Do the efforts of making an great mobile
application in initial stage and then earn money
through ads, subscriptions, etc.
• There are many examples of people making
thousands of money from their mobile
applications alone.
Product design
• Create your own design which can produce
sales in the market.
• You can design coffee mugs, t-shirt, pillow
cover, laptop cover, mobile cases, etc.
• The you are creative, the more you can earn
• Upload and sell on sites which provide this
services, whenever your design is sold, you
will make profits with no actual work other
than just making designs.
Blogging
• Start your own blog, post to your blog on regular
basis, cover all the trending topis and just write
whatever topic you like.
• It requires the work to be done in initial stages
but then after you have written 100-200 blogs
which are really worth a read then you will start
making an income from your blog.
• Income can be from ads, affiliate marketing,
selling your own product, etc…
• Every single blog will generate income forever.

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