In this post, I’ll walk you through 3 Passive Income Business Ideas for 2020 and 2021 to start making money consistently and passively will little effort on your part.
Passive income is the best. It rolls in and you don’t have to do a lot of work for it.
Most people are very motivated for being lazy. So, I know everybody is interested in passive income that keeps money coming in without work.
But, it always going to take a little bit of work to make money.
Here are the 3 Passive Income Business Ideas in a Nutshell:
- Sell Products Through a Blog or Youtube Channel
- Make Money from Google Adsense
- Create a Marketing Funnel with Youtube Ads for an Affiliate Product
Let’s go through each of these step-by-step.
Idea #1: Sell Products Through a Blog or Youtube
Guess what? You don’t even need to create your own product if you don’t want to. What you can do instead is use the power of affiliate marketing.
Blogging is still a great way to earn passive income and you can do it in two different ways: through a blog or Youtube channel.
Choosing between these two options depends on what you like to do the most: writing or shooting videos. To be more precise, I should call the latter vlogging.
When you have a blog (or website), basically what you do is writing articles, blog posts, and product reviews in your niche with the main purpose to help people solve their problems and issues.
Within those blog posts, you’ll be sharing tips and tricks, your experience, and within the text, place your affiliate links.
When somebody clicks on your links and make a purchase, you earn a commission.
If you don’t like writing though, you can shot videos and throw them on your Youtube channel. Youtube is the place where a lot of people tend to spend their time.
They come to Youtube for a variety of different reasons whether it’s they want to educate themselves on a particular subject, or just to watch some funny videos.
The fact is that there’s a gradual shifting in the audience preference watching videos rather than reading a text.
Due to this trend, Google changes its algorithms and that’s why you are seeing many Youtube videos are ranking number 1 in Google.
Like a blog, Youtube takes a while to ramp-up and get going but every time you post a video, it’s like a little asset you create. And it lives on forever, continuing to get views.
It’s the way Youtube works, your content stays there forever.
So until Youtube goes down, every video you shot and upload to Youtube, is a little asset you’ve created for yourself that will bring the money in in the long run.
Again, you’ll place your affiliate links within the description of your videos, and that’s how you’ll make money from your Youtube channel.
An extra-tip is to put your link in the cards of your Youtube video, you can put it on the end screen.
The more content you produce, the better, and the higher quality that content is, and the more engaging it is, the better.
Idea #2: Make Money From Google Adsense
Affiliate marketing is a great way to monetize your blog or Youtube channel but not all of your readers and followers will buy through your affiliate links.
That’s why it’s great to partner with Google AdSense and other ads programs like Mediavine that pays you every time people just click on the ads.
Youtube continues to be one of the best ways to make money online and it’s very easy to put up videos consistently, say 3 times per week, during 6 months, to really start seeing your channel to grow.
If it’s too much for you, start with one video per week and grow from there.
Once you reach 1000 subscribers or 4 000 hours of watch time, you’ll be able to make Google pay you.
As Google puts ads on your videos, and you earn a percentage of money from them. It’s literally, you just log into Youtube and press the button which says “enable Adsense”.
If you’re combining affiliate marketing with Google AdSense, then you’ll be having two sources of income from Youtube: ads and affiliate links which lead to products online.
What’s even better when you enable AdSense on your Youtube channel, Youtube actually suggests your videos more and places them on the top of Youtube search because they want to promote and suggest videos that they will make ad revenue from.
To sum this all up, I like this quote from Seth Godin which I want to be a takeaway from this blog post:
Idea #3: Create a Marketing Funnel with Youtube Ads for an Affiliate Product
This may seem a little complicated but what you’re taking advantage of is the fact that Youtube advertising is an incredibly new world.
Big advertisers or big companies have no idea how to fully use the Youtube platform to reach people.
So, if you don’t want to create videos, you can create marketing campaigns for other products.
And what I would suggest doing for that is actually get a course from John Crestani which is called Super Affiliate System and learn how to do Youtube advertising effectively.
John goes through everything about Youtube advertising in his course. It’s a major way to make money that’s very unsaturated right now.
As you know, or as you’ve seen maybe on the internet, a lot of people talk about Facebook advertising.
And, I don’t know if you know the older dash but if everyone is talking about it, it probably means that the opportunity isn’t there anymore.
And while everybody is talking about Facebook advertising, the truth is that the opportunity isn’t there anymore.
Youtube advertising is a much easier gold fishing because fewer people are talking about it, it’s extremely effective, and people don’t understand how to fully use it yet.
Not many people teach Youtube advertising, there are not many people who know Youtube advertising.
But by getting the John Crestani course, the Super Affiliate System, you’ll be ahead of 99, 999% of the population in terms of Youtube advertising.
And you can spend a little bit of time creating a marketing funnel for other people’s products and earn commissions once it’s running and profitable.
The great thing about marketing campaigns is that they’are hands-off. Once you’ve got it running, once you’ve got it profitable, you can sit back and just wake up every day to profits.
You can even take it a step further and hire somebody to manage your Youtube ads for you, optimizing them, or create new ads.
Now, I know that John Crestani’s course is an expensive one and might be not suitable just for everyone’s pocket.
That’s why I have another recommendation for you which is completely free.
This is where I started my online journey and it has completely changed my life.
I’ve prepared for you my Make Money Online Guide which you can get for Free by clicking the red button below:
Tired of Purchasing Programs and Softwares that Don’t Bring You the Results You Expected?
See My #1 Recommended and PROVEN Way to Make Money Online:
Here you have 3 Passive Income Business Ideas that work in 2020 and will continue to work in 2021. I hope this information was useful for you.
If you have any questions, please leave them in the comments section down below.
I try to always reply to my readers and I’ll get back to you as soon as I can!
Also, if you feel this info might be useful for someone else too, please use share it with your friends and family via social media channels.
Take care of yourself, enjoy this Fall, and let’s make money online!