What is Number One Passive Income Method?

[Mika]

Should you build a business and sell it, or simply invest your savings into an existing business or dividends-earning stocks? What about blogging, vlogging, affiliate marketing, selling digital products, or print-on-demand products?

Creating a passive income takes a lot of effort and a lot of time, however, the long-term gain makes that effort worth it. But what is the number one passive income method?

It all depends on your skills and the methods you use to generate sales, but if ask me, I will say selling courses is the number one passive income method. That’s because you spend one time creating a course but sell it again and again. Selling courses is recession-proof because no matter want people would always like to learn for self-development.

What kinds of courses sell more?

Courses that teach people to solve their problems sell more. Courses that teach something that people can use to make their life better sell more. Courses that improve knowledge and skills tend to sell more.

 

[Jasmine]

Education is a huge business. In the real world, education has become so expensive that only people from privileged background can actually have access to quality education. This is the reason why online education evolved because it is comparatively cheaper. Online education can be of two types, one, a degree course (just like real world education that earns you a real degree), and diploma or certification courses (short term courses that are mainly skilled based). Short term courses are very popular because information can be gathered in a short time, skills can be built in short time, and it is also cheaper compared to regular university curriculum. Therefore, there is money to be made by creating short term online courses. However, in order to profit on this niche, you need to be an expert on that niche (in the subject), if your course consist of information that is available free online, you may not be able to sell your course.