What is Passive Income?

1) Affiliate Marketing

2) Create and sell digital products

3) Make money from writing

4) Print-on-Demand (POD) business

5) Rent out your room through Airbnb

6) YouTube & TikTok

7) Dropshipping

8)Creating and selling online courses

9) Investing in dividend stocks

10) Invest in REITs

2 secrets for success in creating passive income
- Invest regularly: Passive income doesn't mean doing nothing and waiting to keep getting paid, but it means creating a piece of work or a system that when complete Can create income for us continuously
- Distribute income: You should find multiple income generating channels to reduce risk and increase the opportunity to make money. For example, we don't know whether Youtube or TikTok will be popular forever or not. Let us always look for new opportunities.