Passive income streams have become a common way for many people to make extra income. Nowadays, you can earn a decent income working from home through online passive income ideas. For example, in the US, approx. 5.2% of people worked from home in 2017.
Passive income ideas that can be done from home, at the office, or online include blogging, affiliate marketing, eCommerce, 3D printing, creating and selling chatbots, and data entry. When set up correctly, these ideas can generate consistent streams of passive income.
In this guide, we look at some of the passive income jobs that you can do from home and how you can turn each one of them into a steady stream of passive income. Like most passive income ideas, setting up this business takes time, effort, skill, and a lot of commitment. Let’s get started.
1. Blogging
2. eCommerce
Taking part in e-commerce is a very popular way of making passive income. In most cases, you never have to leave your home. There are many popular online marketplaces that can help you make your earnings more passive, including eBay, and Amazon. You can choose to sell products you don’t stock physically and have a warehouse handle the shipping and packing for you (dropshipping).
You can also sell things you have around your home, but this may not be as passive. eCommerce can help you generate income consistently, and if you are good at it, you can make quite a lot. For more information on how you can make a passive income from eCommerce, check out our guide.
3. Creating Knowledge Bases
You can set up knowledge bases for companies without ever having to leave your house. Knowledge bases are extremely important for any web-based app since they provide customer support 24/7. A recent survey shows that 67% of online consumers use self-service support. You can generate quality income by creating knowledge bases for companies. Of course, this is active income, but you can outsource a large amount of the work making it much more passive. Learn more in the course below.
4. Creating Niche Sites
Creating a niche site can help you make good amounts of passive income without ever having to leave your house. Income school’s Project 24 teaches ways to earn passive income with a niche site within 24 months, but you have to be willing to put in the hard work at the beginning. With your niche site set up correctly by following their tested and proven strategies, you can earn $1,000/month running a niche site. Since niche sites appeal to a specific audience, you are more likely to be successful if you create a site that focuses on something that interests you.
5. Selling Stock Photos & Videos
Selling stock photos and videos is a passive way to make an income from your home. All you need are some good-quality photos and videos. There are dozens of places you can list your stock photos and videos for sale. Some popular stock photo marketplaces include Shutterstock and Alamy. This income idea is very passive and you need little capital to get started. Check out our guide for more information on how to make a passive income from selling stock photos.
6. 3D Printing
7. Affiliate Marketing
Taking part in affiliate marketing programs is a good way to make a passive income from home. Marketing companies and businesses are always looking for people to promote their products. All you have to do is choose a product that you would like to promote. It should be something you really like or are passionate about. Confirm whether they have an affiliate marketing program, or see if it is supported by one like Amazon associates.
You can then market your product on some of the popular online platforms. You receive income from commissions on sales you generate. Affiliate marketing is a highly passive means of making an income.
8. YouTube
YouTube is fast becoming a popular way for many people to make money without having to leave their homes. You can generate passive income from the videos you post on YouTube. YouTube pays monetized accounts for adverts that run on their pages, you can also earn from affiliate marketing, sponsorships, and e-commerce. Some also use YouTube to sell premium videos and other digital products. With excellent content and a growing audience, you can monetize your channel by also placing ads, affiliate marketing, selling digital and physical products, with endorsements, and more.
9. Podcasts
Creating and monetizing podcasts is not as hard as it sounds. Podcasts are becoming more common in today’s online community. Some ways to make money from podcasts include ad placement, affiliate marketing, and sponsorships.
Creating a podcast is a moderately passive means of generating income since you have to create content regularly to keep your audience engaged. However, you can make passive income from your episodes for many years. Choosing the right niche will save you a lot of time and money when you create a podcast. Learn more about how to make money with a podcast in the guide on our site.
10. eBooks
Creating eBooks is actually very easy. Many people get caught up in the technicalities but you can actually create an eBook completely for free from the comfort of your home! You can make an income by creating eBooks and then selling them to online customers. You can write about any topic you like.
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