3 side hustle That you can turn into passive income
Today you can Google how to earn extra cash or a side hustle and you will find everything from rebate apps to surveys. But there is no real money in those types of hustles. Plus your not building a money machine for yourself. The 3 side hustle below can be interconnected and over time turn into a passive income.
Do you have a closet, storage, or a bedroom full of stuff you don't use any more? There is this saying, you don't own your stuff! Your stuff owns you! Why have all of the stuff your not using anymore take up space in your house or cost you a monthly storage fee? Start an Ebay store and turn your stuff into cash. The cheapest Ebay store subscription is 5 buck a month. You will make that on the first sell. When you run out of your own stuff look into drop shipping and continue with your Ebay store. Instead of selling physical products you can switch and sell digital products like, E-books, and Audiobooks. Automate the ordering process and now you have a passive income.
A Youtube channel can do alot of things for you. First is, if you want to be famous here is your platform to become famous. Is it a guarantee that you will become famous ? No! But what do you have to lose? Second is if you already have a business, like your Ebay store. A Youtube channel can be a great marketing tool. But if you don't have a business and have very little to no money, creating Youtube videos is away to earn some cash flow over time. How? Promote an affiliate link to a product that is associated with your video. You can go to just about any website online and sign up for an affiliate account for free. The one I use a lot is Ebay. Amazon is good to. You can monetize your channel as well.
What do you know like the back of your hand? That others would love to learn about. Creating a course is simple and challenging. First you have to map out your course. A free version and the paid, use the free version to market the paid version. This is why you start a Youtube channel. The free version should teach the basics and help people see some success in that niche. Don't waste people's time with a free course that is nothing more than a sales presentation for your paid course. Below is an example of how you should have your free course.
Example How to start a Ebay store.
Step 1 clean out your closest
Step 2 sign up and download the Ebay app
step 3 Look at sells comps of your items
step 4 Is there Demand? This is determined by how many sells comps of the item there are.
Example 1. Matrix DVD has over 30 sells comps then there is demand.
Example 2. No name DVD has 1 or 2 or no sells comps . Then there is no demand.
Step 5 Go to USPS.com to figure out shipping cost. If you must go to your local post office and ask questions.
step 6 Upload your item to Ebay for sell. Either Buy now or auction.
Step 7. Share the items you have posted on Ebay to your social media accounts.
step 8. sit back and wait for the sell.
If your course has to do with making money, then your free course should help your students earn some cash. I can almost guarantee when you present your advanced course they will not hesitate to buy.
Start An Ebay Store
Do you have a closet, storage, or a bedroom full of stuff you don't use any more? There is this saying, you don't own your stuff! Your stuff owns you! Why have all of the stuff your not using anymore take up space in your house or cost you a monthly storage fee? Start an Ebay store and turn your stuff into cash. The cheapest Ebay store subscription is 5 buck a month. You will make that on the first sell. When you run out of your own stuff look into drop shipping and continue with your Ebay store. Instead of selling physical products you can switch and sell digital products like, E-books, and Audiobooks. Automate the ordering process and now you have a passive income.
Build A YouTube Channel
A Youtube channel can do alot of things for you. First is, if you want to be famous here is your platform to become famous. Is it a guarantee that you will become famous ? No! But what do you have to lose? Second is if you already have a business, like your Ebay store. A Youtube channel can be a great marketing tool. But if you don't have a business and have very little to no money, creating Youtube videos is away to earn some cash flow over time. How? Promote an affiliate link to a product that is associated with your video. You can go to just about any website online and sign up for an affiliate account for free. The one I use a lot is Ebay. Amazon is good to. You can monetize your channel as well.
Creating Course For Profit
What do you know like the back of your hand? That others would love to learn about. Creating a course is simple and challenging. First you have to map out your course. A free version and the paid, use the free version to market the paid version. This is why you start a Youtube channel. The free version should teach the basics and help people see some success in that niche. Don't waste people's time with a free course that is nothing more than a sales presentation for your paid course. Below is an example of how you should have your free course.
Example How to start a Ebay store.
Step 1 clean out your closest
Step 2 sign up and download the Ebay app
step 3 Look at sells comps of your items
step 4 Is there Demand? This is determined by how many sells comps of the item there are.
Example 1. Matrix DVD has over 30 sells comps then there is demand.
Example 2. No name DVD has 1 or 2 or no sells comps . Then there is no demand.
Step 5 Go to USPS.com to figure out shipping cost. If you must go to your local post office and ask questions.
step 6 Upload your item to Ebay for sell. Either Buy now or auction.
Step 7. Share the items you have posted on Ebay to your social media accounts.
step 8. sit back and wait for the sell.
If your course has to do with making money, then your free course should help your students earn some cash. I can almost guarantee when you present your advanced course they will not hesitate to buy.
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