3 ways to make passive income in 2023.

Chibson

VIP Contributor
If you're looking for some ways to make passive income in 2023, I got you covered in this article. A lot of people always like the idea of making money passively because the joy of making money while you sleep is next to none. some of the best passive income ideas you can implement in 2023 includes;

Start a YouTube channel; starting a YouTube channel remains one of the best ways in which you can use to make passive income for yourself. The first thing you need to do if you want to venture into YouTube is to find a niche you are very knowledgeable of and make videos around it. You can specialise on teaching people certain skills like graphics designing and so many others for your channel and on the long run you can gain popularity and monetize it.

Start making videos on your Facebook page: Just like YouTube, Facebook pays video creators handsome amount of money. Before you can be able to qualify for this program you need to have at least 10,000 followers on Facebook.

Start a blog; starting a blog also remains a very good way to make passive income in 2023. succeeding as a blogger may be hectic but in the long run you will actually make some good amount of money from it.

You need to realise that consistency is important for you to make money online in any kind of venture you prefer.
 

niche

Verified member
Investing money in bank or company deposits is the most reliable way to make a passive income in some countries, because the financial sector is very well regulated, it is difficult to commit financial fraud on investors. In these countries, the internet sector is not regulated, top tech and internet companies are openly involved in accounting, financial fraud on small online business owners, causing very great financial losses to these investors who are viciously slandered for more than one decade.
 

Adda

New member
If you have a blog/website, monetize it or do affiliate marketing.
 

moonchild

VIP Contributor
In 2023, there are a lot ways to make passive income, as artificial intelligence goes mainstream new ways will be invented to leverage it to make more money, I think one of the best ways to start looking at this year is starting an internet business, cost of running a business has never been this low, you get to do a lot of things for free and also delegate most of your work to AI.

So to make passive income, you should start at looking at starting a podcast, youtube channel, anything that will allow you to integrate with AI and make your work leverage based.

You should also start looking at making money on digital marketing, most people are looking into starting an internet business and they do not know how to, so if you can guide them with a video, ebook or a one on one mentorship, you'll make bank.
 

Yakub02

Banned
For the Facebook video, one need to be doing what we interest youth in order to get much followers. Most bloggers and Facebook celebrities do engage in what the youths wish to hear. They always to watch current affairs about musicians, Nollywood actors, money making tools and phonographically materials. Like talking about nudity and sensitive part of human being.

Some may not be able to engage in this kind of vocation due to the fact some are more reserved than others.

Facebook celebrity are now plenty even the radio and television presenters always refer audience to their Facebook page to like and comment. in actual fact Facebook users are so many and everyone is trying to do business on it. Therefore everyone is creating a unique market strategy to direct traffic to his or her page.

It has to do with how effective you can stand out by producing special things of interest to the public.
 

LoukiaCharilaou

Valued Contributor
In my opinion, passive income is a dream for most people and for me as well. It is wonderful to make money without making any special effort or while sleeping. Of course, in the beginning, it is important to work hard in order to enjoy these passive earnings later on. Nothing comes easy. You have to invest time and effort in everything you do. Regarding the 3 ways to make passive income in 2023 that are mentioned above, I find them very good ways. The truth is that I have not tried any of them yet but I think that it is time to give them a try because they are worth it. Thank you very much for your informative and helpful article.
 

Chibson

VIP Contributor
If you have a blog/website, monetize it or do affiliate marketing.
I quite agree with you. Affiliate marketing is one of the best ways people can use to make money on the internet for themselves a 2023.

The good thing about affiliate marketing is that you do not need your own products but you simply promoting the people's already created product and make money from it but it will not be so easy as it sounds but if you know the methodologies and strategies of promoting products you may be very much a successful.

I know a good number of people who are making consistent income from affiliate marketing every single month for themselves.
 
Top