Monday 7 September 2015

10 Smart Online Passive Income Ideas

You may have a preconceived notion that fixed income is not going to suffice when additional responsibilities creep in – a resounding yes! As a consequence, some generate passive and residual supplemental income stream through successful stock market investment while others become an infopreneur by blogging and creating content on websites.
Here are 15 terrific Online Passive Income Ideas for perennial stream of revenues:
  1. YouTube Videos:
This is arguably the best online passive income idea for you to achieve your 15 minutes fame instantly and virally just by uploading anything at YouTube. The more clicks for your video, the more you generate revenue.
  1. Silent Partner Investing:
Are you an introvert? A smart online passive income idea will be to embrace your introversion into something productive like investing in a company’s stock as a silent partner.
  1. Buy Old Domains:
Old domain are often neglected by many around due to the misconception that old is equivalent to something obsolete. This is not true since older a domain gets, more backlinks and credibility it earns from the World Wide Web.
  1. Bulk-Sell Second Hand Things:
This is an uncanny habit cultivated by many around. All they do is buy in bulk a particular product via eBay and sell it individually to all like a self-proclaimed retailer.
  1. Franchising:
Would you love to know how finger-licking delicious and spine tingling the KFC menus are? Opt to franchise to learn the secrets of their trade to up your financial health. 
 
  1. Investment Portfolio:
Build an intriguing dividend growth portfolio is yet another Smart Online Passive Income Idea. Initially, take it slow as little as one dollar at a time to receive cash on a regular basis to sell the investment.
  1. Sell E-books On Amazon:
Let your creative juices flow and write up an exciting and attention-grabbing fiction/nonfiction and sell it up at Amazon. Who knows? Your book may earn the title “Amazon’s Best Seller”
  1. Work Up At Upwork:
Upwork is the merging of two freelancing websites Elance and Odesk. You can work at your own pace as and when you need and claim for payment for the work you do.
  1. Create A Podcast:
Podcasts are now more popular than you think and a smart online passive income idea. Leading organizations, institutions, music industries, parlours, salons would love to show off their uniqueness and blurt out their voice.
  1. Create, Invent or Manufacture Something:
Yes, you may be the next Beethoven, Einstein, Newton, Mark Zuckerberg and thus have the fullest potential to do whatever you put your mind to.