Passive income Three steps to getting passive income monthly

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Deleted member 13140

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So well, everyone's dream is to actually be earning money passively on a monthly basics but it's not always the case because a good number of those people have no idea how to get this done, and that's what am about to share, how to earn passive income monthly

1. Acquire A Skill.

Am not really going to start mentioning all the skill you can learn because google is actually there to assist anyone that wants to do this
By having a skill you are building a foundation for that passive income.

2. Sell your skill
yeah just sell what you know start to give out value everyday, on your blog or anything, on social media on LinkedIn or any platform
with inbuilt audience

3. Create a course
yeah, i see it happen everyday people creating courses from their expertise and other newbies rushing to buy it.
 
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The course isn't everything because the course needs practice and most people may get certified in many things in life like Django or ReactJS or DOM but when coming to real life most of these certifications is for just getting hired on a company and working from 9 to 5 not to create his own project and as we know no one comes rich with working in an office.
 
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Deleted member 13140

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The course isn't everything because the course needs practice and most people may get certified in many things in life like Django or ReactJS or DOM but when coming to real life most of these certifications is for just getting hired on a company and working from 9 to 5 not to create his own project and as we know no one comes rich with working in an office.
Yeah, am aware, for most people their skills, is for a 9 - 5 but well, it's their choice, some people don't really want to become rich, some people don't want the pressure of having their own business, for business owners that extra hour a normal employee uses to just lay off and watch movies they use it for something profitable. so i can definitely understand why most people prefer a 9 - 5 you can have extra time for any other thing
 

Letlhogonolo

New member
So well, everyone's dream is to actually be earning money passively on a monthly basics but it's not always the case because a good number of those people have no idea how to get this done, and that's what am about to share, how to earn passive income monthly

1. Acquire A Skill.

Am not really going to start mentioning all the skill you can learn because google is actually there to assist anyone that wants to do this
By having a skill you are building a foundation for that passive income.

2. Sell your skill
yeah just sell what you know start to give out value everyday, on your blog or anything, on social media on LinkedIn or any platform
with inbuilt audience

3. Create a course
yeah, i see it happen everyday people creating courses from their expertise and other newbies rushing to buy it.
nice and thanks for sharing. will check it out. sounds really awesome
 

btaliat

VIP Contributor
I cannot the fact that the methods you highlighted are all very good ways of making money online. But er need to understand the meaning of passive income. It is the money that we get even if we are nit active in the website we are getting it from. I still prefer crypto trading as a passive income.
 

Mandy96

Valued Contributor
These are very good ways of making passive income though but one can also earn some money from being an online tutor, I know of some platform that will employ you to tutor people if you have the required skills and you will be paid a good amount of money
 

Mika

VIP Contributor
If you create a course and if your course is a best-seller, you can easily build a good passive income source. When creating a course you will have to write a lot of course materials that you will give as handouts, record hours of podcasts and videos. Creating a course is hard work, it might take a lot of time to build a course. However, once the course is complete, you may not have to work on it anymore, unless you are updating with fresh materials. One-time work will make you money for a long time. But you might have to market your course.
 

Victorial

Active member
These are undoubtedly some great steps to earn income but I will not consider all of them to be a source of earning passive income. To acquire a skill, you can do some spending by taking courses online; paid and unpaid. I took courses on how to become a better writer. Well, it does become a source of earning passive income later.
My best deal is crypto trading as you just buy and watch the coins grow. I love marketing affiliates too. Or investing in stocks and dividends
 

Kingsley

Valued Contributor
You have successfully nailed it, so many people think of passive income let it is something that does not require any form of work or skills. No wonder they keep on say "get free steps on how to make free money". The reality will always remain the same as there is nothing free or easy about making money be it passive income or not, one will always work very hard to get money. Because what we sometimes call passive means of getting money are other people's way of getting their major source of income. Even our major means of rising funds are other people's passive income and you can imagine how we struggle hard to make the money we make on a daily basis. But online and offline. So for anyone to make money generally one must put in all effort to ensure that he or she gets the desired output. And for all these to work out very well then one must also learn new skills as the saying goes whatever is worth doing should be worth doing well. When one learns a new skill then one can aswel sell the skill to earn passive income which may later change to main source of income.
 

Setho

VIP Contributor
It cannot be over said about how important it is for you to be able to have alternative sources of income especially when it is passively . Educational technology is beginning to become very popular especially with the coming of the pandemic where people can no longer be able to go to conventional schools . It is also relatively cheaper to offline schools and you can be able to learn on your own pace and that is what makes it ideal . You are definitely going to need to spend a couple of money in buying of video equipment or paying people to set it up for you but at the end of the day it is going to be worth it .

Apart from creating educational courses you can also choose to become a blogger and these are the steps that you can follow.

1. Choose a niche. There are so many aspects of blogging and you should choose one because creating different type of content is going to be boring . You can always choose from entertainment, health, fitness, business or social media.
2. After you have chosen a niche then you have to be consistent in the posting of related articles and they should be of high quality as well.
3. Monetize with Google adsense.
 

moneyteam

Member
Here are three steps to get you started on your passive income journey:
1. Figure out what kind of passive income stream you want to create. Do you want to invest in stocks or real estate? Do you want to start a blog or a business? It's important to have a clear goal in mind.
2. Make a plan of action. Once you know what type of passive income stream you'd like to create, make a plan of how you're going to do it. Set timelines and milestones, and make sure each step is achievable.
3. Take action! The best way to achieve any goal is to take action, and the same goes for passive income streams.
 

Chibson

VIP Contributor
Creating a very good passive income method is not really easy because it requires a lot of knowledge and hard work for you to be able to achieve it. The truth is that a lot of people trying to make money passively on the internet actually do not know how to do it and they venture into platforms that actually do not pay them anything tangible.

The first step towards creating a very good reliable passive income stream for yourself is to learn a skill. there are several skills you can learn on the internet ranging from content creation to graphics designing and a lot of others. If you can be able to learn the skills very well then you are on your way to making money passively on the internet.

After you might have learnt a very good skill the next thing you need to do is to look for a very good business that suits your skill and venture into it. it can actually take some time for you to be able to create a reliable passive income stream but it is actually worth it.

Hard work and smart work is needed for you to be able to achieve that. Based on your skills you can actually create courses and sell to people.
 

Mika

VIP Contributor
One of the best passive income sources is publishing articles on sites that share revenue with its writers. For example, if you publish on Hubpages, medium, or vocal, you will earn passive income as long as your articles generate views. On hubpages, you earn from revenue generated by your article. Apart from sharing the revenue with hubpages, you can also earn 100 percent commission if you manage to sell Amazon affiliate products through your hubpages articles.

Blogging for money is the best way to generate passive income, and the best thing is you can receive payment every month. When you want to blog for money, you have multiple options. You can use free blogging platforms or website builders, you can blog on your own site, or you can blog on blogging sites. If you are responsible (publishing truthful information best to your knowledge and avoiding fake information) and only publish on the topic you know, blogging can be profitable on blogging sites. You have unlimited ways to monetize your blog, from running ads from adsense or infolinks to promoting affiliate products from amazon and click bank, doing sponsored posts, selling ad space on your site, selling your own products, or even webinars and courses.
 

Flow-er

Active member
The passive income ideas are very enormous. The ways to become financially stable , drive in big cars, live in beautiful home etc is by making sure to create a channel to which money would flow in on autopilot. How do you create these channel? You should get yourself the important knowledge on skills that could make you money while you are sleeping. Making money while sleeping is a very good way to attain the financial status that you have always wanted for yourself. You could also do a risk free investment to attain that financial freedom that you have yearned for. The risk free investment like staking your cryptocurrencies to give you a good ROI. Another way to keep receiving money , is by selling of e-books on a very popular e-commerce platform like the Amazons. The book published will keep getting you money anytime anyone buys it. On a last note, virtually everybody wished to make passive income but they are not really ready to make the sacrifice. The sacrifice that I am talking about is by embracing hardwork and also making use of the appropriate channels to make money. Making passive income is definitely one of the best ideas to make money online.
 
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