Day 1 of #30daysofthreads :
How to make money in your sleep.
(10 passive income business ideas)
A thread:
How to make money in your sleep.
(10 passive income business ideas)
A thread:
1. ATMs
2. Vending machines
3. Digital files
4. templates
5. Sell coding excerpts
6. Journals
7. Ebooks
8. Resource lists
9. Online courses
10. Blogging
Let’s discuss these more below (:
2. Vending machines
3. Digital files
4. templates
5. Sell coding excerpts
6. Journals
7. Ebooks
8. Resource lists
9. Online courses
10. Blogging
Let’s discuss these more below (:
Things to note:
I love researching companies I can start for $10,000 or less with things I already know how to do.
I only invest in things that people need as much as they need toilet paper, which is why these are my top 10 passive business ideas anyone can do.
I love researching companies I can start for $10,000 or less with things I already know how to do.
I only invest in things that people need as much as they need toilet paper, which is why these are my top 10 passive business ideas anyone can do.
1. ATM business
You can buy 2 ATMs for $6,000 & get all your licensing plus materials for your business. Placing Your atms in the right places is key.
Tip: bars, clubs, strip clubs, stadiums etc.can charge higher fees.
Resources:
liebermancompanies.com/atms/start-atm…
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You can buy 2 ATMs for $6,000 & get all your licensing plus materials for your business. Placing Your atms in the right places is key.
Tip: bars, clubs, strip clubs, stadiums etc.can charge higher fees.
Resources:
liebermancompanies.com/atms/start-atm…
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Tip: bitcoin atms are becoming more popular.
Additional resources:
howtostartanllc.com/business-ideas…
cryptonews.com/exclusives/how…
kansascityfed.org/PUBLICAT/PSR/B…
Tip: bitcoin atms are becoming more popular.
Additional resources:
howtostartanllc.com/business-ideas…
cryptonews.com/exclusives/how…
kansascityfed.org/PUBLICAT/PSR/B…
2. Vending machines
What you sell and where you sell it makes all the difference in this business.
You are not limited to food and drinks, but always keep in mind that drinks count for 1/3 of all vending machine sales in America.
This is a multibillion dollar industry.
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What you sell and where you sell it makes all the difference in this business.
You are not limited to food and drinks, but always keep in mind that drinks count for 1/3 of all vending machine sales in America.
This is a multibillion dollar industry.
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The cost and requirements vary by state, however, you can get started pretty much anywhere for 5000 or less.
Resources:
candymachines.com/Vending-Regula…
healthyvending.com/guides/how-to-…
Follow: @RealancerByTy & @BrotherGram 🙌🏽
The cost and requirements vary by state, however, you can get started pretty much anywhere for 5000 or less.
Resources:
candymachines.com/Vending-Regula…
healthyvending.com/guides/how-to-…
Follow: @RealancerByTy & @BrotherGram 🙌🏽
3. Digital files
If you have important digital files that are valuable, consider turning them into PDFs & selling them on a website.
You Can do this for $5-$5000 depending on the document & how extensive the information is.
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If you have important digital files that are valuable, consider turning them into PDFs & selling them on a website.
You Can do this for $5-$5000 depending on the document & how extensive the information is.
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Examples:
- how to guides
- step by step tutorials
- instructions for technology
- instruction manuals to older cars
- art tutorials
- tips for a niche
Examples:
- how to guides
- step by step tutorials
- instructions for technology
- instruction manuals to older cars
- art tutorials
- tips for a niche
4. Templates
Consider taking a month to make a few temples:
- resumes
- cover letters
- contracts
- graphics
- coding for apps / websites
- ebook formatting templates
Consider taking a month to make a few temples:
- resumes
- cover letters
- contracts
- graphics
- coding for apps / websites
- ebook formatting templates
5. Code excerpts
Not everyone can code. Even those who can cannot code in every language.
To start:
Make a list of the 10 hardest function you know how to do that are specific, yet broad. Then start marketing them to coding groups on Facebook, Quora, Twitter, Instagram etc...
Not everyone can code. Even those who can cannot code in every language.
To start:
Make a list of the 10 hardest function you know how to do that are specific, yet broad. Then start marketing them to coding groups on Facebook, Quora, Twitter, Instagram etc...
6. Journals
You can design and sell journals for anything’s. Once you design and upload it you can automate everything.
Resources:
blurb.com/blog/make-a-no…
elitewriterslab.com/sell-journals-…
journals.lulu.com
thebudgetmom.com/how-to-create-…
You can design and sell journals for anything’s. Once you design and upload it you can automate everything.
Resources:
blurb.com/blog/make-a-no…
elitewriterslab.com/sell-journals-…
journals.lulu.com
thebudgetmom.com/how-to-create-…
7. Ebooks
This is pretty straightforward. You can do self publishing, go through kindle, or reach out to publishers.
Tips:
adherecreative.com/blog/bid/15736…
thewritelife.com/9-powerful-tip…
blog.hubspot.com/marketing/how-…
creativelive.com/blog/sell-eboo…
This is pretty straightforward. You can do self publishing, go through kindle, or reach out to publishers.
Tips:
adherecreative.com/blog/bid/15736…
thewritelife.com/9-powerful-tip…
blog.hubspot.com/marketing/how-…
creativelive.com/blog/sell-eboo…
8. Resource lists
It’s really as simple as it sounds, the lists just need valuable enough information to sell.
It can be information that is easy to Google that their people don’t have time to find or that’s easy to google but kind of hard to find.
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It’s really as simple as it sounds, the lists just need valuable enough information to sell.
It can be information that is easy to Google that their people don’t have time to find or that’s easy to google but kind of hard to find.
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Examples:
Vendor lists
Wholesale lists
Coupon website lists
Money savings opportunities
Paid influencer opportunities
Important business contacts
Best Wordpress. / Shopify plugins
Tip: keep lists below$60.$15 - $40 is ideal.
Examples:
Vendor lists
Wholesale lists
Coupon website lists
Money savings opportunities
Paid influencer opportunities
Important business contacts
Best Wordpress. / Shopify plugins
Tip: keep lists below$60.$15 - $40 is ideal.
9. Online courses
People Will pay for knowledge, plain and simple.
And if you have the knowledge you can maximize your profit by turning this into a digestible course & selling it.
You can sell your course for $5 - $10,000 depending on the demand.
People Will pay for knowledge, plain and simple.
And if you have the knowledge you can maximize your profit by turning this into a digestible course & selling it.
You can sell your course for $5 - $10,000 depending on the demand.
10. Blogging
Making money from blogging is hard, but you miss all of the shots you dont take.
Consider blogging once a week with affiliate links. As you build your audience and they start to trust you more you’ll see sales coming in.
It will not be easy, but nothing ever is.
Making money from blogging is hard, but you miss all of the shots you dont take.
Consider blogging once a week with affiliate links. As you build your audience and they start to trust you more you’ll see sales coming in.
It will not be easy, but nothing ever is.
