5 Easy Passive Income Ideas You Can Start in 30 Days or Less

Can you imagine a life where you are no longer dependent on a single source of

income

, where you are no longer stuck in a 9 to 5? Instead, you have a money-making machine that pays you over and over again and generates constant

income

. And the best part is that you only need to do the work once and then you will get paid for months and years to come. Hello, welcome back to The Channel. Today we talk about five sources of

passive

income that you can create for yourself in 30

days

or

less

, and that can generate income for a long time from now.

And the best part is that some of them require no investment. So stay tuned. Alright. So the first one I want to talk about is cryptobots. And this is an investment strategy and a

passive

income strategy that my husband and I have been using, that our business partner has been using, a lot of our friends and family have been using. And I want to create the distinction before we get into the details that cryptobots have nothing to do with crypto mining. What cryptobots essentially are is that you can leverage a technology, let's call it an algorithm, because that's what allows you to play with the volatility of cryptocurrencies.

So if you are even a little familiar with the crypto space, then you know that the price and value of coins vary greatly. When you get into cryptocurrencies, you never know if you are going to win or lose because the price varies so much. There are many platforms that allow this and if you are interested, let me know in the comments below and I will be able to come back and talk much more about this topic. So what this technology does is you go into one of these platforms and you create a pair of coins. Basically, you will invest a coin you already have and pair it with another.

And based on that pair, the algorithm will buy low, sell high, sometimes hundreds of times a day, and then you will profit based on that volatility. This allows people to earn between 5% and 15% per month and sometimes even more depending on the risk profile you have and how much you are comfortable losing at the end of the day. I have seen people earning 60%, 70%, 100% in a year with their investment and the good thing about this is that there is no minimum investment required. Of course, the more you can invest, the higher the probability of profit, but not necessarily so that you can

start

even with $100 if you have it.

And I promise you that if you learn how to do it the right way and there are trainings that will teach you how to do it, then you can take advantage of this option too. The second one I want to mention today is

start

ing a YouTube channel, and that's because looking at myself, I see that every video that I post becomes almost an asset because it generates income over time for long periods of time. I have videos that get views today, even two years after I posted them. Therefore, there is great potential to generate passive income with a YouTube channel.

Now, obviously, you should put in the effort to create video after video, but if that's something you enjoy doing and if it's something that allows you to tap into your creativity or if you have

ideas

for viral videos, then absolutely consider starting a YouTube. channel. Now, obviously, monetization may take a little longer than 30

days

, but it's not impossible. And I've seen it in many channels that monetize in 30 days or

less

. And what you need to monetize is to have a minimum of 1000 subscribers and get a minimum of 4000 hours of viewing. And once you reach these milestones, you will become a YouTube partner and YouTube will pay you for every thousand views your videos get, because this way they have the opportunity to show ads on your videos.

So this is called R.P.M. and they will pay you depending on the niche you are part of. Take my channel, for example. For me, a typical video will generate six, seven, probably eight dollars per thousand views. If I'm lucky, there are some videos that will make ten, maybe 11 dollars per thousand views. But in general, for me and for the audience that tends to watch my videos and in this career niche and make money online, this is, let's say, the R.P.M. average, but there are niches that get paid much less and niches that get paid significantly more.

As I've seen in the beauty space and the vlogging space, you might get paid a little less, maybe three, four, five dollars per thousand views. And then if you're more into the finance niche or the cryptocurrency niche, then you can easily earn 15, maybe sometimes $20 per thousand beats. While this may not seem like a lot of money, once your videos start gaining traction and you start getting ten, 20, 30,000 views for a single video, and then you create so many videos it starts to compound. Then you'll start charging tens, hundreds, or sometimes thousands of dollars every month for all those videos you post.

So consider this too. Well. So before we move on to the next three, which are all examples of passive income streams that can be created without investment, I want to clarify something that I think is very important for the other two. It needs some investment, but not much. So obviously for cryptobots you need some money because that is the only way to create the coin pairs. But to start a YouTube channel, you don't need to rush into big investments and spend a lot of money. And I hear this a lot. People tell me, Oh, I'm really putting off starting a YouTube channel because I don't feel comfortable investing in a new camera or new equipment and lights and microphone, or hiring a video editor or hiring other people.

Well, you don't need to do that. That's the truth. You can start yourself. You can see if that's for you or not. Because a lot of times I see people investing in a camera and a bunch of equipment, and then after creating ten videos, they realize that it's not for them. Start with what you have. Start with your webcam. If it's the only one you have, or maybe buy a webcam that's a little better than the one built into your computer. If you use a laptop, which I think everyone does these days, you'll see how it works.

Now let's move on to idea number three that I want to share with you today, and that is creating and selling digital products or templates on platforms like Etsy. And if you've been on my channel before, you'll have heard me talk about Etsy. I love them both to buy and to sell. I have been using them for a long time and I can tell you with my hand on my heart that this is one of the easiest ways to make money. And I've actually done it as a project. I'm actually an avid motion user so I wanted to create a test and I started selling a concept template that I use for myself and I just uploaded it to Etsy and made sales without literally doing anything.

And I know that if I ever want to turn that into a business and a side business or something, I know and I can do it and you can do it. I want to share my screen and show you some examples, some

ideas

, maybe spark some creativity about what kind of template you can create and what you can sell. As you can see here, literally the sky is the limit. People sell resume templates and accounting templates built on Google Sheets, and this looks like an awesome template. Instagram Templates Other Resume Templates, Invoice Templates, Monthly Excel Budgets, Shopify Theme Templates, PowerPoint Business Plans.

You can create packages for CVS and other types of social networks. You can create real estate all in one template. You can create many different types of content and templates, from PowerPoint and Excel to social media and resumes and everything in between. Now, example number four that I have for you today is Amazon, KDP and KDP stands for Kindle Direct Publishing. Basically what this means is that you can publish and sell a digital book with Amazon by leveraging their platform. Now, the nice thing about this is that you don't actually have to write a book because it's very, very popular these days to sell low content books on Amazon.

So, thin books are essentially any type of book that is sold empty and needs to be filled out in journals and notebooks to make to-do lists, bullet points, and everything else. So all you need to do is just create a simple digital format, a lot of times it's just designing a page. And you can do it with Canva very easily and then you can replicate that page over and over again. 5100 200 times, depending on how big you want your low content book to be. Now, if you want more details on this, I've created a very detailed video tutorial where I show you everything you need to know about Amazon PDB.

So I'll be sure to link it below and put a note card here somewhere. So you can go ahead and watch it as soon as this video ends. Alright guys, the fifth idea I have for you is print on demand. And this is another great project because it does not require any investment. So what you have to do is come up with a design. And I know you can do it because I know you're creative and you can do it very easily in Canva. Well. So, you come up with a design that will then be applied to things like t-shirts, bags, notebooks, water bottles, and everything else.

But you don't need to do it yourself. That's the beauty of it. What you do is access platforms like Redbubble or print Defi or print full or market on Amazon or many others. There are tons of these types of platforms. You upload the design and create a list of what that design looks like on a t-shirt. For example, once you create the listing, that product will be available for sale. And once someone orders the product you listed, Amazon, for example, will print your design on a t-shirt, package it nicely, and ship it to the person who ordered it.

So it is not necessary to have any inventory. You don't need to buy anything at first. You don't need to make any investment and Amazon will pay you if that is the platform you choose or purchase. Redbubble a portion of the price they charged for the t-shirt to begin with. So you can literally start earning money without any investment. Alright guys, that's all for today. Thanks so much for looking. Let me know in the comments below which of these five you're going to start in the next 30 days. I would love to hear more from you. And in the meantime, go ahead and watch this video where I share with you lots of ideas on how to make money with Powerpoint.

Thanks again for watching and we'll see you next time. Bye bye.