16 ideas to generate passive income to increase your money

Passive income is income that generates a steady stream of money with the least investment.

When a source of income is not resilient, it means that it requires little or no conservation to
maintain the stream of Croesus.

It requires a prior investment of a significant measure of time, and we generally do not see income
in the short term.

Passive income has long been the holy grail for entrepreneurs looking to free up some of their
time, exfoliating guilt and daily chores and potentially catalyzing a healthy bi-weekly income.
While many doubt the importance of non-resilient income, the monumental challenge one must
face to make a respectable measure of Croesus that is generated from automatic and remade
income pipelines is hourly too burdensome for the maxima.

Obviously, non-resistant income generation is knotty. It requires a principal investment of a

significant measure of time, and we generally don't see income in the short term. Months and
days can go by without us seeing a single peso of profit because of these conditionings, making the
smartest of entrepreneurs give up.

The factuality in this matter is that time is much more costly than capitalist, because while
capitalist can be spent and or earned again, time is only spent, and or gone continually. As we age,
we understand the reckoning of time and are able to freely choose what we want to do with those
precious moments we have of life.

What is consensual income?

Before we move on to some of the fancy ideas for generating acquiescent income that will serve
you automatic earnings, it is important that we understand what specifically this conception is all
about. You're likely to find countless essays on the Internet that talk about hundreds of tolerant
income ideas, either digitally or in the real world.

When a source of income is tolerant, it means that it requires little or no maintenance to keep
your pocket deep. Now, this doesn't mean you can ignore it or forget about it. On the contrary. It's
important that you keep track of all your tolerant income sources and cover them like a militarist,
regardless of how automated it is.

1. Start a blog
 2. The most important way to make tolerant income is to start a blog. Blogs can produce a
great deal of income, but it won't be fast.However, you need to understand that it's going
to take a great deal of time and work for you to succeed, If you plan to start a blog.

Regardless of what your niche is, as long as you have a clear understanding of things like search
engine optimization, social media marketing and the power to write quality content, you will
succeed with your blog. Once it becomes known, it gives you the platform and followers to
produce other sources of income by promoting products and/or services relating to your
miscellaneous.

2. Write and publish a book

Another great way to create a respectable amount of foregone income is to write and publish a
book.Non-fiction books that help you educate your followers on connate grounds such as digital
marketing, business or any other area of development will deal much better than manufacturing
books.

Sure, manufacturing can earn you a lot of Croesus, but it's also a more competitive field if you're
not an established pen and don't have a trained fan base. Use Amazon's Kindle Direct Publishing
platform and publish books that fill an existing need in popular niches where you have some base
of expertise.

3. Create an online course

Create an online course

Do you have a specialized skill and want to share that skill or aptitude with others while generating
a tolerable income miracle? Creating an online course on Udemy is a great way to automate some
money. However, like other tolerant income streams, it will take you a great deal of time and pains
in the incipient.

There are multiple paraphernalia that can be taught through an online course. I chose to teach
specialized paraphernalia in my courses, like how to cultivate a web innovator or how to learn
about search engine optimization, but you can choose to instruct other knowledge like playing an
instrument, learning a language, going to a photographer and much more.
4. Produce an audiobook

I've been in the audiobook business for a while and I can tell you that it's an incredible source of
resigned income, if you do it right. Take advantage of Audible's ACX platform to launch your
audiobooks on the strongest platforms like Audible and iTunes.

If you have specialized knowledge in some area, or have an advanced skill you can choose to teach
it through audiobooks. Without prohibition, you have to focus on delivering a high amount of
value and making sure you have a high quality production. Don't try to do things on the fly and
expect them to make you money.

5. Become an affiliate marketer

Affiliate marketing is one of the most powerful ways to produce multiple passive incomes, without
interdiction, it is not easy at all. To achieve it you need to have a large base of followers, that is,
you need a large audience and a good platform.

When you don't have this audience or platform you need to run ads, which raises your costs. If you
know what you are doing and you are a good digital advertiser, you will succeed. But learning the
business takes time. Still, it's a great way to sell products and services that aren't yours, and to
become an ambassador of sorts while making money.

6. Build a sales behavior

Anyone in the marketing business understands the concept of sales behavior. Sales funnels
conceptualize the process of taking into account the consumers' point of view when moving from
seekers to buyers. Without prohibition, building a good sales funnel is not easy. It requires a large
investment of time and many searchers to insert into the behavior. To build your sales behavior
to build your sales behavior you need to offer something to users in exchange for their email
address, to create a free offer in an effective way. Subscribe to a system like Aweber or Matter
Chimp and work to build that sales behavior. Create an offer and build a series of automated
emails that will increase your leads and their value.

7. Develop an app

OK. OK. I know it's not easy to develop a smartphone app, because you either need a lot of talent
or a little bit of money for someone else to transform your idea into a reality, but of course it's
possible. The app gold mine may be running out, but you can still make a respectable source of
income if you develop the right app.

If you can create the next Uber, good! If not, go for a niche app that helps solve a problem or fills a
need that hasn't been properly addressed. Think you can improve on something, why not give it a
try? If you like technology and understand the dynamics of business and mobile apps, it's
definitely worth a try.

8. Earn passive income from real estate

Real estate has been a source of passive income for years. Investors and landlords have opted to
rent out houses, apartments, condos and offices to generate monthly profits. Clearly, real estate is
a great source of automatic income, but it requires a hefty upfront investment.

If you have some money lying around, you can definitely opt to invest in real estate. You can buy a
property for long-term rental or turn it into an occasional rental on sites like AirBnb. Either way
you look at it, it's a great idea to generate passive income if you have some money saved up that
you're not using.

If you have a sales pitch you need to offer something to users in exchange for their email address,
to effectively create a free offer. Subscribe to a system like Aweber or Matter Chimp and work to
build that sales pipeline. Create an offer and build a series of automated emails that will increase
your leads and their value.

9. Sell digital products on Etsy

Etsy is a massive resource for people who want to sell any kind of handmade items. But did you
know that you can also sell digital products? These products require little to no maintenance when
they are already up. All you need to do is invest time in creating digital products and listing them in
quality listings.

Clearly it will require some maintenance on your part, and making sure people are getting to your
products. However, digital products do not require constant monitoring and sell automatically as
long as they are of good quality and are attractive and relevant to the audience you want.

10. Generate royalties from jingles or audio tracks.

If you are musically inclined, one idea to generate passive income can be to create jingles or music
tracks that you can sell on sites like Audio Socket, Sound Cloud or Song Freedom, to name a few.
Obviously this isn't easy, but it's worth the investment of your time if you can compose something
amazing.

Do some research and create audio tracks that will appeal to a large group of people. Look for
other tracks that are popular or get downloaded a lot and see what they are doing that you could
try to replicate in some way.

11. Make tutorials on YouTube

YouTube is a great resource for earning a good amount of passive income. Although it's not easy
and you need millions and millions of views to start generating a good income stream, YouTube
offers a cost-effective marketing avenue.

Research what kind of videos the most famous Youtubers are making. For example, Blippi, a series
for kids created by Stevin John, a very creative entrepreneur, teaches them about a lot of topics
and has become one of the most popular channels on YouTube in this nucho, with more than 500
million views in the last few years. Look for who are the most successful and try to replicate their
formulas while maintaining your originality.

12. Sell professional photographs online

Another way to generate passive income is to take advantage of photo selling sites like iStock or
Shutter Stock to earn money while you sleep. Clearly you need to understand photography and
know how to handle Photoshop if you want to succeed in this business.

There is a lot of competition in this job, however, if you have a good eye for photography, selling
your photos digitally will come naturally to you. Get really good with photo editing software and
find a niche for your photos. Whether it's portraits, landscapes, business or anything else, find
your niche and stick to it.

13. Use credit cards with pointsUse cash back credit cards.

Credit cards that offer a points-based rewards program are a great way to generate passive
income, especially if you're already spending the money. While this source of income won't make
you a millionaire, it can make you some money, considering you were going to spend it in your
day-to-day life anyway.

Look for the cards that have the best points programs and check which establishments you can
use those points at.

14. Buy stocks from the stock market

Dividend stocks are a great way to generate passive income. And you won't have to sell them to
generate the income, however, you will need to buy a significant amount of shares to see a
healthy income stream.

Do your research and get advice on how best to invest your money. You don't need to know
everything from the beginning, but you do need to be willing to learn and understand how things
move.

Here are some tips from the Mexican Stock Exchange (BMV) for you to research before investing.

15. Invest in crowdfunding platforms

Lending and crowdfunding platforms like Prestadero, Kubo Financiero and Briq make it very easy
to invest, and businesses generate passive income through interest payments. Many of these sites
have super accurate algorithms that price risk, taking that factor out of the investment equation.

Of course, this requires an initial investment. If you have some money, this can be a good way to
make money without getting into the stock market. Do your research and decide if this idea works
for you.

16. Program niche or guide sites to generate leads or referral income.

If you understand SEO and digital marketing you can build a niche or guide site to help generate
leads and referral income. Popular industries you can participate in are insurance, banking, or
weight loss programs, among many others.

Find something you know and make sure you have the right relationships with the right companies
when it comes to selling your leads, or make sure referrals come in for the right products or
services that will allow you to make a commission on every sale that is generated.