The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.

Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.

People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
This is a more technical way to make money online then most of the other strategies given. But you can get an excellent course on how to make it happen with Steve Chou’s Create a Profitable Online Store program. Steve and his wife have built a highly successful online store – selling wedding napkins – and he’s anxious to provide insider secrets to people who sign up for his course..
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Becoming a paid speaker does not mean taking classes or giving seminars, often local businesses or even the Chamber of Commerce look for speakers who can inform and motivate a group of people. If you have extensive experience in a certain field, you might want to think about reaching out to local businesses, or making yourself available as a speaker on job-hunting websites.
Other ways to monetize your writing include selling affiliate marketing through programs such as Amazon Affiliates. Bloggers place an affiliate link for the product on their site, and whenever a visitor buys a product by clicking on that link, they will be credited with a sale and make a commission. Bloggers can also sell advertising space, earning higher rates for more visitors.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.

Also called print on demand, this method of passive income works differently than, say, renting out real estate or playing the stock market. The overhead is extremely low—sellers don’t have to worry about storing any inventory or making physical items. Companies like Teespring, Redbubble, and Merch by Amazon have sprung up this decade to fuel the passive income industry. Their sole function is to handle the logistics of printing and shipping while paying out design royalties to people like Zubia, whose bestsellers have said things like “Awesome Since 1978” and “Born in Chicago.”
If you have your own eCommerce store, social media is the perfect platform to showcase your products. Demonstrate your products in use and tell your social following why they need to buy your merchandise. Most social media channels allow you to add ‘buy’ buttons your pages, allowing your followers to easily click through to your site and make a purchase.

If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.

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