Skip to content
Saturday, January 23, 2021
  • About
  • Contact Us
  • Write for Us
-0 °C New York, US
News Anyway

News Anyway

The latest news and views from around the world

  • Home
  • Lifestyle
  • Finance
  • Property
  • Travel
  • Automotive
  • Politics
  • Health
  • Business
  • Technology
  • Sports
  • Home
  • Business
  • 4 Ingenius Ways to Make Money While You Sleep
Business

4 Ingenius Ways to Make Money While You Sleep

  • By PR fire
  • 1 year ago
  • In Business
  • 419 Views
  • 0
Post Views: 1,029

Generating a passive income is often viewed as the mythical beast we all crave. It is the elusive unicorn that we dream of but will never come to fruition. Some people can make a living without working, but it won’t be me. It is reduced to the near ethereal realm of Instagram influencers and celebrities.

But this isn’t the case. In the modern world, all you need to generate a passive income is a stable internet connection, minimal technical knowledge, and the drive to establish something that will provide you with a steady revenue stream for years to come.

Here are four ingenious ways to make money while you sleep and generate a regular income without going to work. Look no further for simple passive income ideas that work.

Selling an Informative Product

The internet is awash with marketplaces. There are plenty of platforms that connect content creators directly to consumers, many of whom are willing to pay for valuable information and engaging content.

If you have industry-specific knowledge that would be valuable for consumers, you can leverage this to generate a passive income. Creating an audiobook, podcast, eBook, or video course, then selling it on platforms like Udemy or Skillshare is a popular option to establish a steady stream of revenue.

Peer to Peer Lending

One of the byproducts of the global Fintech boom, peer to peer lending, or P2P lending, is providing an opportunity for investors to enjoy lucrative returns. P2P lending connects investors with borrowers that need access to capital. Investors lend money and earn money from interest payments.

Even in conservative, low-risk P2P models, investors enjoy returns of more than 4%. In higher-risk investments, there is the potential to make gains of 10%, or more, on the initial loan figure.

Affiliate Marketing

If you own a website that enjoys a substantial amount of traffic, you can leverage it to earn a passive income. Affiliate marketing involves placing a link to a specific product or service on your site and encouraging your audience to follow the link and purchase the product.

When your visitors go on to buy the product through your affiliate link, you receive a share of the profits. This is a popular avenue to generate a passive income as it involves virtually no work beyond placing the initial link on your site. However, it does rely on you already have a thriving website.

Vehicle Advertising

Marketers are always on the lookout for imaginative and creative ways to advertise their products offline. In the modern world where traffic leaves us enduring long commutes and unexpected delays, there are plenty of offline marketing opportunities that leverage the captive audience created by a traffic jam.

One such opportunity is vehicle advertising. Advertisers will pay you to adorn your vehicle with a banner or sticker advertising their product or service. The amount you can earn depends on your driving habits, where you live and how many miles you typically cover in a week. You will also need to have a clean driving license.

For those that qualify, vehicle advertising is a great way to earn a side income from simply making the same car journeys you already make.

 

 

 

Tags: Passive incomeskill share
Show More

Subscribe for our daily news

Previous Post
Sign In App taps into the RFID reader market
Next Post
Charter Tax to support Twinkling Stars campaign

Related Articles

When Should I Wear a Business Suit?

Keep Your Eye On The Prize! Small Business Security Methods That Can Be Overlooked

Half of Russians against Putin Being President for 16 More Years

Worcester coworking space celebrates first birthday

5 Tips for Starting a Boutique Business

Reasons Why You Should use a Background Check Service

Recent Posts

  • Melissa Hodgman Named Acting Director of Division of Enforcement
  • Paul Munter Named the SEC’s Acting Chief Accountant
  • Small Business Capital Formation Advisory Committee Jan. 29 Meeting to Focus on Smaller Public Company Markets
  • MASTERCHEF WINNER JOINS CORNISH ORGANIC GIN COMPANY
  • UK Business Overcomes COVID Challenges & Produces The First of Their Upright Radiotherapy Solutions

Categories

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017

Navigation Menu

  • Home
  • Lifestyle
  • Finance
  • Property
  • Travel
  • Automotive
  • Politics
  • Health
  • Business
  • Technology
  • Sports

Archives

Categories

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
News Anyway
NewsAnyway is a site dedicated to bringing you the latest stories, surveys and breaking international news. Our team are committed to keeping you up-to-date with stories wherever you are in the world, across a variety of different sectors and industries from politics to entertainment.

Useful Links

  • Home
  • About
  • Contact Us
  • Write for Us

Recent Posts

  • Melissa Hodgman Named Acting Director of Division of Enforcement

    • By Graham Shear
    • 10 hours ago
  • Paul Munter Named the SEC’s Acting Chief Accountant

    • By Graham Shear
    • 11 hours ago

Newsletter

Subscribe for our daily news

  • Home
  • Lifestyle
  • Finance
  • Property
  • Travel
  • Automotive
  • Politics
  • Health
  • Business
  • Technology
  • Sports

Copyright @ 2019 | newsanyway.com. All rights reserved.