Uploaded by michealolufemi53

Top Passive Income Businesses

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Top Quick Passive Income Businesses to
consider:
Faceless YouTube Channel:
Description:
Create a YouTube Channel that does not require creating personal videos or all the
attached stress.
Requirements:
- Little expertise
- $0
- Marketing skill
- YouTube video optimisation / SEO skills
How it works:
- Create a YouTube channel
- Curate popular “Creative Commons” licensed videos (videos that can be posted
without attributing the owner)
- Slightly edit it to contain our YouTube info.
- Post the video and optimise it for search.
- Grow the channel to 1000 subscribers
- Start earning $4/$5 per 1000 video views from YouTube.
- Also, when posting videos that contains product info, we can attach an affiliate link to
the video description, and when anyone buys the video through the link, we earn
commissions.
Bonus step:
We can also create our own video, if we have an idea for something that can go viral.
Let’s say “Top 10 ways to earn $100 daily from your home”. We’ll just record a voice
over, create a video with power point and some download stock license-free videos,
then lay the voice over on the video.
Earning from Shortened URLs
Description:
There are URL shorteners like 7r6.com and shrink.io that pays people for shortening
their URLs
Requirements:
- Little expertise
- $0
- Marketing Skill
- Lots of links to share and groups to share them
How it works:
- Get any link that leads to anywhere, be it a YouTube video, Facebook/Instagram
profile, blog post, downloadable file, etc.
- Got to the URL shortener website and shorten the link.
- Share the shortened link.
- As people click on the shortened link to view it, we earn money.
- We can earn as much as $200 for 10,000 unique views.
- Even better than YouTube because you only earn about $40/$50 for 10,000 video
views.
Blogging:
Create a viral blog around the current reigning buzz words like crypto, tech, blockchain,
business, etc. Register with Amazon for affiliates. Create posts and sell related products.
Earn affiliate commission on sold products.
Requirements:
- Little expertise
- $50
- Marketing and Writing skill
How it works
- Create blog with loads of content
- Register on Amazon as affiliates
- Create blog posts around products/courses to sell
- Get commission on sold products/courses
- Also earn by shortening the links using the URL shortener above.
Crypto Mining:
Buy mining rigs and portable laptop for mining crypto like Bitcoin or Ethereum.
Requirements:
- $12,000 for mining rig
- $2,000 for laptop
- Mining skill
How it works:
- Connecting to mining pool
- Guaranteed daily earnings: $200
- Projected daily earnings: $300
Affiliate Marketing Website
A website where people can come to perform some tasks/jobs and earn money daily.
The jobs can include watching a YouTube video, joining a telegram group, commenting
on a YouTube/Facebook/Instagram post, etc. They’ll earn money after completing each
task, between N20 - N100. The tasks will be very simple tasks. Also, they’ll earn
commissions for referrals.
So we can use those people to grow our telegram groups, YouTube channels, Facebook
groups, blogs, etc. And as we earn money, we pay them.
There’s a business in Nigeria already doing this. I got the idea from them. Their website
is https://owodaily.com
Requirements:
- Web development
- $50
- Marketing
AudioBooks
Create an audio book and list it for sale on the Audiobooks Platform. It can generate as
much as $1,000 - $5,000 per month if done well.
The material can also be converted to E-book and listed on Platforms like Amazon,
Ingram Spark, Author’s Republic, PublishDrive, etc. Those can also generate additional
$1,000 - $2,000 per month.
How it works:
- Choose a topic - non-fiction books sell better. And books in categories like Body
Wellness, Health, Mental Balance, etc, sells more.
- Create the content (Manuscript).
- Get a professional narrator to narrate it. Audible provides narrators on their
platforms. We don’t have to pay them. We can cut a deal with them to get a small
percentage off every audio file sold. Or we pay them a one-off of $400 - $500.
- Launch the completed audio on Audible.
- Turn the Manuscript to E-book and list on about 5 different platforms
Guaranteed income of approximately $5,000 per month.
Crypto Trading
Earn as much as 2-5% of investment daily trading cryptocurrencies.
With $10,000 capital, we can earn between $200 - $500 daily by trading. The higher the
capital, the higher the returns.
The END.
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