Technology

The Beauty of Passive Earnings: 7 Streams of Online Income You Can Tap into Without Any Prior Knowledge

The digital era has introduced plenty of opportunities to earn money online, allowing even the average Janes and Joes to try their hand at it. While certain methods like programming, overdubbing, or graphic design require you to have plenty of specialized knowledge or equipment to succeed, there are other alternatives that require little more than having a computer and a working internet connection. Luckily, this is something that’s no longer an issue in the modern age. So what are the options for the non-tech-savvy?

#1 Start your own blog

Do you love writing? Then starting your own blog is a great way to get your feet wet in the world of online marketing. Have you recently had to deal with a problem like getting rid of acne or even a broken windshield? Write a post that outlines the solution! In fact, almost anything you can think of is potential niche you can monetize with ads or affiliate products.

#2 Sell stock photos

Smartphones have come a long way, and the built-in camera they’re equipped with is more than enough to produce high-quality photos you can sell online at websites like Shutterstock, etc. To be successful at it, try to think in terms of taking photos that corporations could use: flower fields, clouds, butterflies, window reflections, patterns (floor, tires, carpets, grass), door knobs, locks…

#3 Sponsored posts

This one was taken from Jamie Spencer’s epic money earning guide. Basically, you can grow a following on one of the social platforms like Twitter, then post sponsored content every once in a while (be careful there’s always healthy mix of posts that give value). Usually, sponsored content networks operate on a pay per click model. If you don’t want to create content all on your own, you can hire a virtual assistant or a social media manager to do it for you.

#4 Record an online course

If you have valuable knowledge in a certain area, you can pass it on to others by recording a course. Similarly to how you’d use a smartphone to take photos, you can use it to produce a great-looking video as well. In case the activity or knowledge you’re trying to showcase is computer-based, you can use screen-capture software instead (it’s incredibly simple to use).

#5 Write an ebook

Writing an ebook is just another way of sharing your knowledge if recording a course is not quite to your liking for whatever reason. You could also go the fiction way and write stories instead. If you’re scared of formatting and technicalities, don’t be – Kindle, Amazon’s independent publishing platform, makes this incredibly easy. As long as you can produce a simple Word document, you’re good to go.

#6 Sell stuff on eBay

You might be wondering how this qualifies as passive income – well, with eBay’s Valet service, it might as well be. Just send them some stuff that’s lying around your home, and they’ll take care of the rest, allowing you to spend your time doing other things than having to deal with shipping, posting listings and processing orders.

#7 Lend money to others

Not having the necessary skills you can offer is no problem at all, especially if you’ve got some financial resources you can use to create more wealth. By lending money to others through trusted P2P lending platforms, you can can slowly turn your investment into a fortune without really having to do much.

Conclusion

These 7 methods are a great way to earn passive income online, even if you’re a complete beginner. As long as you’re prepared to invest a little bit of time into it, your efforts are bound to pay off sooner or later.

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