Passive Income: Make Full-Time Income by Working Part Time

What is Number One Passive Income Method?

Should you build a business and sell it, or simply invest your savings into an existing business or dividends-earning stocks? What about blogging, vlogging, affiliate marketing, selling digital products, or print-on-demand products?

Creating a passive income takes a lot of effort and a lot of time, however, the long-term gain makes that effort worth it.  But what is the number one passive income method?

It all depends on your skills and the methods you use to generate sales, but if ask me, I will say selling courses is the number one passive income method. That’s because you spend one time creating a course but sell it again and again. Selling courses is recession-proof because no matter want people would always like to learn for self-development.

What kinds of courses sell more?

Courses that teach people to solve their problems sell more. Courses that teach something that people can use to make their life better sell more. Courses that improve knowledge and skills tend to sell more.

Easiest Ways to Make Full-Time Income by Working Part Time

Here are the 3 easiest methods that will make you full-time income by working part-time. All you need is 2-3 hours of working per day.

YouTube: As a YouTuber, all you need to do is work 2-3 hours a day, which involves video creation, SEO, and digital marketing. On youtube, you earn in multiple ways, such as adsense, affiliate marketing, sponsorship, subscription (Patreon), merch sale, etc.

Podcast and Blog: These are two different things but you can combine these two to earn better. For example, you can offer your articles as podcasts for a small price. There are a lot of ways to make money from blogs, from selling products to affiliate marketing, sponsorship, selling courses, and advertising.

Selling Online: You can sell print-on-demand products or digital products to generate a full-time income by working just about 2-3 hours. All you need to do is design products or create products and promote your products.

Passive Income Ideas to Generate $100 per Day

Membership sites: Membership sites are the sites where people pay monthly/yearly fees for information (tutorial sites, for example) or services (dating sites for example). Membership sites are subscription bases, therefore, you don’t have to sell an individual item to generate revenue. In order for your membership site to succeed, you need three things to create value (content or service), the process to sell it, and the traffic source.

Royalties: While membership sites require you to work for traffic and new content, you can continue to earn royalties from the same content because you can continuously reach newer markets with the same product. You can earn royalties from ebooks, print books, audiobooks, podcasts, etc.

Note: When I say making $100 per day, I don’t mean you start working today and tomorrow onwards you will make $100, what I actually mean is if you continue to work on these ideas, you will start making at least $100 per day in the long run.

How to Determine the Best Passive Income Idea?

What is the best way to earn passive income? Should you sell a course or publish a book? Should you set up a dropshipping website or a membership program?

There are hundreds of passive income ideas that have worked for a lot of people, but how to find out the right passive income idea that will work 100 percent for you? Here are some ideas to determine the best passive income method for you:

Your knowledge, skills, and expertise: If you are a very good writer, books can be a good passive income source, or even writing courses can help you generate money. If you are a programmer, web designer, and marketer, membership or even dropshipping websites can be better.

Dedication: Some passive income methods require you to spend more time than others. For example, if you invest in stocks you do not have to do anything, however, if you are blogging or vlogging, you will have to constantly create content.