Write a Book
Writing a book isn’t my favorite way to make passive income, because it doesn’t have as much profit potential as many other methods. However, it does have some other benefits, including the ability to help you reach other goals and advance your career.Breakdown:
$5/per book sale
200 sales/month = $1000/month
4. Create a Lead Gen Website for Service Businesses
With this option, you would work with another business that was offering a service or a premium product to their customers. You would create a website of your own, which would essentially be an advertisement for your partner’s business. Your website provides prospective customers with some free resources or potentially the opportunity to book a free consultation call. You would then drive traffic to that website so you can get leads for the company that you’re working with. Afterward, the company would pay you for the leads.In order to do this successfully, you will need to have a working knowledge of Digital Marketing so that you know how to drive the right traffic to the website.
