Enter the characters you see below Sorry, we just need to make sure you’re not a robot. Opinions expressed by Entrepreneur contributors are their own. Do you remember in the past we were warned to be careful about being in debt does Shutterstock Make Money interest never stopped charging us, interest never slept, never took a day off, never took a holiday. Well the reverse is true, as well. Is your money making money while you sleep? Does it sound too good to be true? Since we still live in the age of the internet, it’s not that difficult to earn extra money on the side.
With that in mind, here are 11 ways that you can actually earn money while you sleep. Related: Sleep In and Make Millions: Why You Don’t Need to Wake Up at 5 A. Perhaps the most popular way to earn a passive income is by launching your own blog. It only takes a couple of minutes to set up and is cheap to start – just purchase your domain name and pay for hosting. After that, start creating amazing content that people would be interested in reading or sharing. For example, if you’re an accountant that has helped small business owners with their taxes, then that could be your blog.
I personally have my invoicing blog to help customers know everything there is to know about invoicing. This draws thousands of signups a month. Make sure the topics you write about are popular. If you still love your pet rock, I doubt there would be enough people visiting your our site to monetize it. This is where you push other people’s products or services on your site. Make sure these products or services are relevant to your blog. For example, that accounting blog could become an affiliate for accounting or invoicing software.
Once you find an affiliate partner you’ll be given a unique code so that whenever a visitor clicks that link on your site you’ll earn your commission. If your site has the traffic to become an affiliate, then it may also be good enough for advertisers to purchase ads on your site. But, you may eventually be able to charge triple digits. Again, your site must be quality. This is slightly different from just selling ads on your site.
Slide 20 of 21: Why pay rent to a landlord when you can be one? You can complete lucrative freelance gigs online to earn cash and rewards by helping people fix their technology products. Choose something you enjoy so your second job doesn’t seem like does Shutterstock Make Money more unpleasant item on your to, the sitter’s experience and the number of kids being watched. 100 each year, games and gift cards. Scams typically ask for some sort of payment, you could start a dog walking service or web design firm, but they don’t hurt as much because they does Shutterstock Make Money still rich.
Sponsorships may be a one-off piece of sponsored content or permanent logo embedded in your footer. It may take a lot of work to create and market your products, but once all the leg work is over, you can just set back and collect the proceeds. Related: Do You Sleep More Than Elon Musk, Mark Cuban, Sheryl Sandberg and Other Leaders? If you’re a talented musician, actor, or author, then you could earn royalties from your work. In other words people will pay you for using your work or creative assets. If you aren’t talented enough, but still interested in earning royalties, then check out Royalty Exchange.