Did you know you could make money while you sleep? It looks like a fairy tale, but it’s more easy than you think.
And I will give you an example: This blog makes money every second. I don’t need to be there, I may be at a gym, a movie show, or I may be sleeping.
But the blog is still running, and it still makes money. So you get the picture?
But how do you make money while you sleep?
You need a system that you can set up and leave running. Then the money comes in.
So, check out 9 ways to make money while you sleep in 2019
1. Turn your flair for photos to money
If you have a flair for taking beautiful photos and you have a good collection of some great shots, then it’s time to turn your flare to money.
How do your pictures make money while you sleep?
Here it is: More than 505 million blogs were live online as at 2018. More blogs are still being created every seconds.
These blog owners need pictures to make those blogs look welcoming. But they can’t take the pictures by themselves.
And that is where you come in:
You take your pictures, license them, put them on paid picture download sites and your photos continue to make money while you sleep on your sofa.
Some of the best places where you can sell your photos are alamy, shutterstock, and Crestock.
2. Sell Other Peoples’ product
You don’t need to have a product to sell before you make money. You can sell other peoples’ product and you share in their products.
I like this approach for two reasons:
- Sometimes you may not have an idea of what to sell.
- Even if you have what to sell, you may not want to take the risk yet. So, someone else takes the risk, you join in to promote and get your commission.
To make money with affiliate marketing, you need just two things:
A product you want to promote. Of course, it has to be a product people want to buy.
A promotion medium to reach people and promote the product. You can use any medium of promotion. You can use your social media channels to promote like your twitter, facebook or Pinterest.
But the best medium to promote your affiliate product is to set up your blog. It helps you engage more with your audience, collect their emails and turn them to return buyers.
3. Place a room on Airbnb
Do you have a spare room that you can rent out for a short-stay guest? Then your room can do the job and – you make money while sleep.
If your room is conducive for stay, then it’s good enough for Airbnb.
You don’t need to do much. But then, some guest can be messy, so you may need to put the room back in shape once your guest has left.
But, the good thing is; you can make up to $1300 a month doing from this.
4. Write E-book
You can make as much money as you want with an ebook on a topic you know. But how much can you make?
Case 1. If you sell $30 to 15 people = $450 — Mr. A
Case 2. You sell $50 to 150 people = $7,500 — Mr. B
Mr. A in case 1 is just a beginner. He has less audience. So he makes less money than Mr. B, who has been in the game a bit longer. So, what’s the point I’m making here?
You can make as much money as you want with Ebook if you stick with it enough:
Your audience size will increase with time
Your expertise and bargain power will rise.
Also, you don’t need to be ‘Mr. Know all’ to write an Ebook. You have probably heard people tell you to write on people’s pain point.
Yes, but you would be surprised at some funny topics people buy Ebooks to learn. So, don’t write off your idea until you try it out.
You can sell your Ebook on Amazon, Payhip, or Blurb But the best method: Set up your blog. You will be able to engage more with your buyers and turn them to return customers.
You can check out my post here on how to set up your blog.
5. Set Up a Youtube Channel
If you’ve ever watched any video on youtube before, what you did is: you logged on to somebody’s channel to watch his video where he has a collection of his videos uploaded.
When you watch the video on youtube and you see some ads; you are already helping the channel owner making money. He could be dozing off in his sleep – but he’s still making his money anyway.
How do you make money with Youtube Channel?
Affiliate marketing – You place affiliate links below your video and you get a commission on every sale.
Adsense – Google places ads on your video and pays you for every 1000 views.
Why I’m I taking the time to explain this?
You can set up your YouTube channel use it to make money while you sleep. To set up your own channel only takes a couple of minutes to set it up.
But, you won’t probably make money in the first couple of months after setting up your channel. Don’t worry. Keep uploading your videos, more visitors will become and money will follow.
6. Create an online course
You have some skills that people want to learn about and you are not turning your skills to income? Then you are leaving money on the table.
What skills? Just anything you know: From “how to decorate your home”, to “how to rock a baby to sleep”.
What? Yea, you would be surprised at some more’funny’ courses people pay money to take. So the point is: If it’s a topic you truly really fancy, then be sure there are a couple of other peeps like you.
You can sell your online courses on Udemy, Skillshare, coursecats, Teachable or even on your blog.
7. Have your shop on Amazon
95 million people buy products on Amazon prime alone. What does it mean for you? It means millions of people are waiting to buy something from you – I mean just anything.
But if you only use Amazon to shop, you will be loosing from the opportunity.
What’s more? You don’t need to worry about shipping. Amazon does it for you. Once your shop is set up, your money starts rolling in – even in your sleep.
8. Start a money making blog
Like I already stated at the beginning of this post, I make money on this blog. You may be off golf or sleeping on the sofa, you still make your money as long as your blog is live.
You only need to follow 3 steps:
- Set up your blog
- Get visitors to your blog
- Monetize your blog
If you can have the patience to wait for it, be sure your blog can make you a millionaire over time.
9. Set up a Dropshipping business
Dropshipping is another set and goes business you should start if you want to make money in your sleep.
Moreover, Dropshipping is a low-risk business for two reasons because you don’t need to have your product or inventory or ship customer orders – but your money still rolls in.
So how does Dropshipping work?
To start a dropshipping business, you only need to set up an eCommerce store that shows a range of products you want to promote from manufacturers.
When someone comes to your store and pays for a product, your store receives the order and forwards to the manufacturer. The manufacturer ships the product to the buyer and you get your own money.
10. Wrap Your Car With Ads
One easy way to make money is to allow companies to wrap your car with their brand promo ad. And that’s all you need to do – and you can make up to $500.
To get started, you can try Carvertise or Wrapify
11. Open a High-Interest Savings Account
Some online banks such as CIT give more than 2% interest on a minimum balance of $100. It may not seem much – but most brick wall banks only offer much less than that.