SEVEN WAYS TO MAKE PASSIVE INCOME

   If you are looking for ways to make some extra cash, or you are looking for some legitimate means to just make money online(earning while you sleep), you have come to the right place.

  I have compiled a short list of some of the things you can try out in order to start earning some cash in your leisure time. The major thing one can look into is:

START YOUR OWN WEBSITE/BLOG

   Interested in generating passive income? You need a website. It's THE way to make money while you sleep.

Starting a website with Bluehost takes less than 20 minutes. In fact there are a couple of platforms you can easily set up a website for yourself for free. WordPress is a popular platform in which many websites are run, Blogger is another great platform for setting up a blog for free. Although setting up websites can be as easy as pie, there is still much work to be done in driving traffic to your website which in turn can determine how lucrative your site would be.

   Google has been responsible for monetizing many web pages all over the globe. You can monetize your websites and blogs with Ad Sense from Google although the terms involved can be tricky but
it's totally worth it.

YOUTUBE

   You can also make use of your you tube account to generate passive income. It is another way to make money while you sleep. While this sounds very easy, the terms from YouTube are quite tricky, you need to have at least 1,000 subscribers and 4,000 accumulated views on your videos. YouTube pays you for ads that are placed on your videos.

   Although this is quite understandable that you must get such amounts of views and subscribers on
your channel because you won't place an ad where it will not be viewed. Building such amounts of views and subscribers could be difficult, but it all depends on your person. You just need consistency and focus on a niche.

You can monetize your YouTube channel with ad Sense after you have met the requirements.

E BOOK SALES

   Looking to generate extra cash, another means by which you can achieve that is through writing and sales of ebooks. This doesn't require much to achieve, but your time and commitment.
  You can start by choosing a topic you know you are quite savvy about,have relevant information and you are done with the basics. Furthermore, when writing, you need to have a target audience in mind, an outline, aided with relevant research on the subject matter as it builds your confidence in the content of what you are writing.

QUICK TIP- Make sure to keep record of your sources for citing purposes.
  After you are done with compiling your work firstly as a rough sketch, you can apply the *THREE R's*: Review,  Revise and Rewrite to thoroughly edit your work.

  Finally, selling the ebook is the last piece of the puzzle, but don't worry, we got you covered, as we understand this can be frustrating. You just need to apply all these and you are good to go.

-Target Audience.

-Proof Reading: Get someone, preferably a pro, they can cross check for you to point out errors that need correction.

-Make use of Flashy Cover Pages.

-Promote your work(This is a key aspect in anything we intend to do).

-Publish your work on multiple platforms and formats(e.g PDF's).

-Lastly, make the PRICING Reasonable.

Read more at scribendi.com.

   Some platforms by which you can put up your ebooks for sale are "booktango.com" and "ebookit.com". Apply all these tips correctly and properly, I guarantee you will come back to thank me.

TUTORING

   Another interesting way you can utilize the Internet to earn some passive income is by teaching others a topic which you are quite savvy in. You can set up a YouTube Channel for this purpose, providing tutorial videos. It all depends on you, It could be a course on web design, graphic designs, Online trading, and E-book sales in itself. I remember once taking a course on e-book sales. What I am saying is you can write an e-book and publish it for sale, It is a very good way to earn some cash if done properly as stated above.

A popular platform for Tutorials you can check out is Tutorialspoint

ONLINE/STOCK TRADING 

   Online/stock trading is one very popular investment platform which can be very lucrative, mostly if you know what you are doing. It involves risks, just like everything that involves investments, since trading is one.

  A very popular platform is Olymp Trade. Many people make use of it as it is easy to understand. Trading involves what we call "options" and there are two kinds, which are UpDown trades option and the Time option.

   Check out olymptrade.com/training for more information on it.

AFFILIATE MARKETING

   Another BIG way of making some extra cash or passive income is through Affiliate Marketing. It is a guaranteed way of making money while you sleep. It has also been discovered that many get started on passive income through Affiliate marketing.

HOW IT WORKS

   The idea here is for you to promote other people's product while earning a commission when people end up buying thanks to you.

smartpassiveincome.com

"Affiliate marketing is the process of earning a commission by promoting other people's (or company's) products.
You find a product you like, promote it to others and earn a piece of the profit for each sale that you make."

   It's just as simple as that, just like I have mentioned above.

POPULAR PLATFORMS FOR AFFILIATE MARKETING

(Worldwide) (Nigerian)

*Amazon Associates/ *Jumia Affiliate Program

*share a sale *Konga Affiliate Program

*Clickbank *Web4Africa Affiliate Program

*Linkshare *Wakanow Affiliate Program

*JvZoo *Bet9ja Affiliate Program


   These are the most popular and trusted Affiliate platforms, you can just pick one out, try it out and cash it out.

APPS AND WEB TESTING

   The main aim is to improve online experiences for the everyday Internet user. Internet companies are always looking for real people like you, to test out new or existing mobile apps and websites so that website owners, coders, and designers can see and evaluate the obstacles that real people experience with their products. Most of the companies reward the testers in cash for each app or website tested (Check out User Testing).




    Well that's about that on today's article. Don't forget to like and share this post.