By Andrei Jikh
Hey all, welcome, and thank you for stopping by! Passive income is my favorite way of getting paid.
Today, I share my monthly passive income ideas after LESS than one year on YouTube.
For a preview here they are:
Here are the Top 7 Ways I Earn Money Online
Dividend Income
Investing from the stock market which happens to be my favorite way of receiving passive income. Dividend passive income requires a lot of money but it encourages you to save money, be frugal, and invest it rather than buying things you don’t need.
Royalties
Generating profit from royalties is a lot more rare and most people don’t make royalties but this can be a great source of passive income that I’ve been receiving since I was 19 years old through a course sale.
Google is a great resource for “How-tos”; I would suggest researching how you can do this in 2021.
Using Amazon to your Advantage
Using Amazon links is the third method I suggest for passive income. In fact, better than amazon links is the amazon bounty program which is a superior way to earn income on Amazon.
Read More: How to Start an Online E-Commerce Business
Start a Shopify Business
Using Shopify to generate passive income is another great source where I earn income from selling my merchandise.
If you follow the example set by Entrepreneuring Club, they promote the popular apparel brand ACTIVAT3 Official, which began as a Shopify store. This can be a great way to boost your passive income.
Affiliate Marketing
Affiliate Marketing is a huge source of income for me by talking about the brokerages I use in my every day life to buy my stocks.
By signing up to my link and funding your account, you will earn a stock valued at up to $1000 and I will earn a small commission.
It helps my channel out while giving you some stocks to get started with your investing. There are links posted below the video you can check out.
Check out my YouTube channel for more.
Patreon as Another Resource
My Patreon page which is the one I’m thankful for the most. A lot of youtube creators will use Patreon to give early access to content. As a content creator, you set the limitations on that content.
However, rather than stretching myself out too thin, I used that income to reinvest it and create tools for tracking our passive income from the same automated data provider that Robinhood and many other major brokerages use.
This is an extremely expensive service and i’m using patron money to help fund it.
Read More: Blogging for Beginners
Starting a YouTube Channel
YouTube passive income, the one you’ve been waiting for, my biggest source of passive income to date.
The catch is, that it’s anything but passive.
You have to work extremely hard, be consistent, honest, and helpful without peddling your products and/or constantly giving people a timeshare presentation.
In this video below explains these ideas in a little more detail where I show you how you can do it too.
Tune in below:
I hope you learned and got something out of this passive income video!
Share with a friend who needs this.
Links from Andrei:
Learn to go from Zero to a Million: https://www.zerotoamillion.com
Instagram: https://www.instagram.com/andreijikh/
Website: http://www.MAJIKH.com
Additional Links:
