It’s simple. Set the system and make it work itself.
Now that the world we live in has an opportunity called the Internet, you can be accessible from anywhere. That means there are new ways to making money, making an investment and create your own work.
But what do we mean when we said, “make money while you were sleeping”? It’s known as Passive Income.
It is an income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.*
You don’t have to write hit songs, be a social media influencer or anything you think. You can also create this kind of income entirely digital.
Do you have any skill, hobby, knowledge or experience? It’s a great way to use them in that way. You can generate contents about anything. There are companies and businesses looking for a freelance writer, you can see many open positions in the world like this and you don’t have to work with a team or collaborate with people for that. Also, writing doesn’t have limits. You can write for ads, social media posts, video posts or you can even do copywriting while you were a freelancer as well.
E-Books, videos, webinars, apps, virtual summits and workbooks. These are information products that you can create and sell online. When you start to have an audience, you can get sponsorships or collaborate with people and companies as well. Also if you have a startup or aim to run a business someday, you can start promoting yourself and your future company from now. It may take a lot of work to create and market your products, but once all the legwork is over, you can just set back and collect the proceeds.
This is for people who already have a service and getting started. Or you may consider this for your business in the future. Setting an AI assistant to your website actually works in most cases. AI assistants are almost like your co-workers that working for you when you’re away. They market whatever the service they’re in, they take care of the customers, generate the data and the activities and make the journey in the service better in every way. For example online shopping assistant Oktomax, help and guide consumers, create a humanly feeling and increase the sales rate in a fast way and a short amount of time.
Have a room or space that you don’t use? You may be occasionally traveling, living in two cities etc. and your house might stay empty during this time. You should consider renting your house or a room from your property online. Especially in big cities or places that attract a lot of tourists, the most expensive thing you have is actually your house or your room. Students generally rent their room or house in summer, and it’s getting much easier with the internet. Services like Airbnb and booking.com are taking over the world. But don’t feel distant to this renting situation, if you see the terms and conditions of some house owner’s, you will understand that it’s not for people who will harm them.
You can teach languages, marketing, business etc. and even give a therapy session online. Internet will be the #1 education platform in the future and googling is the first thing people do when they like to learn something. There are millions of interests, topics, specialties and millions of different people and budget. No matter where you are or where your students are, you can educate them with your course and they can use it anytime they want.
It is better to call this a system rather than a business. But setting a valuable and working system takes time and effort. They need to be promoted, you should open a website, market your work online, and dedicate. You can spend at least 3-4 hours a week on this kind of incomes. There are stories online that people working on a 9-5 job, spend half an hour or less every day for their side hustle and within months, they gain success. You may hear people around you doing this kind of things but never try, maybe it’s time to give it a shot and see what’s going on. You will learn a lot during this journey and gain personal and social skills for sure.