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Escape 9-5: 2023's Best Passive Income Methods
Learn about 7 best passive income methods that no one will share with you
Hey dear,
We are back with another helpful newsletter that will boost your income and help you live more intentionally.
In this newsletter, we’re going to share with you 7 passive income income streams that no Guru online would share with you.
Let’s get started:
1. Affiliate marketing
Most people don’t know but you can easily generate $10k+ from Affiliate marketing.
What is affiliate marketing? To those who don’t know it’s a way to sell other people's products and get a commission on every sale you make.
How does this work:
-You create a website and drive visitors through content
-They buy from the unique link
-You get a commission.
Learn here: Affiliate Marketing Guide
2. Start a faceless YouTube channel
If you want to have a YouTube channel but can’t have the resources then start a Faceless Youtube channel that can generate you $1,000 per week.
There are 100s of YouTube channels that are generating $5k a month to 10k a month without showing their face.
Here's how they do it:
-Create a YT channel
-Create videos using AI
-Share it
-Monetise through Affiliate marketing and Ad revenue.
Here are the tools you can use to create a Faceless YouTube channel in 2023:
HeyGen
Lovo
PlayHT
Learn it here: https://lovo.ai/post/how-to-start-a-faceless-youtube-channel
3: Create a Print-on-demand design.
Believe it or not, Print-on-demand has the potential to make you a millionaire. Yes, you read that right, a millionaire.
Platforms like Etsy and Teespring are becoming money-printing machines for many individuals.
Learn more about how to sell Print-on-demand on Etsy here: Check this
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4. SaaS (Software As A Service)
In 2023 people from nowhere generated $1 billion from their SaaS products using AI.
You don’t need to know any type of coding or programming language to do it.
Just use No-code tools to build one and monetize.
You cannot miss this opportunity.
Just build a SaaS product, publish it, and do marketing once or twice and see money flow in your bank account.
Learn it here: SaaS guide
5. Create an online course
If you're someone knowledgeable of certain topics then create an online course around that topic and make money.
Use free tools to create and sell.
-Use Gumroad to sell your course if you want…otherwise, you can publish it on Udemy, Udacity, and Thinkific.
-Use Product Hunt to promote your course. Or use Social media to market by using creators.
Learn how to do: Check it
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6. Create No-code tools
Solve a problem for people using your tool and get paid every single month by giving them a subscription-based tool.
Use Bubble, Zapier and other tools to get started.
You can create No-code tools without code using Bubble.
Check it out here: No-code guide
7. Publish an Ebook
You don't need any money to create an ebook. I created 10+ ebooks and made over $10k+ from them in 3 months.
Ebooks are profitable digital products.
Here's how to create one:
-Use Canva to create the eBook
-Use Gumroad to sell it
-Use Product Hunt to market it
Learn: Ebook creation
Tweet of the day:
Stop following the crowd.
Invest in passive income streams to make $10,000 per month.
Here are 7 Proven Ways to Generate Passive Income in 2023:
— Ihtesham Haider (@ihteshamit)
12:50 PM • Aug 30, 2023
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