21 Ways to Make Passive Income

[@gillianzperkins]

Which of these passive income ideas stands out to YOU? By the way, if anyone is interested in taking the "next step" and turning one of these ideas into a real business, I'd love to work with you to help you do that! I created a training program for digital entrepreneurs that includes step-by-step training for each part of the process. More details here: www.gillianperkins.com/join-startup-society/

[@jennifermoreland5933]

I’m an amateur photographer and love the idea of using my hobby to make a little passive income. Do you have any suggestions of where I should go to sell my photos for stock?

[@rosedewittbukater5763]

For me, it's creating a course.

[@victoriagonzalezcanalle463]

01:10 High Yield Savings Account 01:36 Rental Properties 02:33 KZbin Videos 03:02 Dividend Stocks 03:33 Peer to Peer Lending 03:50 Selling E-Books Online 04:32 Invest in a Startup 05:33 Sell Stock Photos 06:08 Sell Digital Courses 06:52 License Music 07:19 Create an App 08:08 Affiliate Marketing 09:02 Sell Digital Files 09:14 Cashback Credit Cards 10:15 Vacation Rentals 10:53 Car Wash 11:24 Niche Website 12:43 Vending Machines 13:04 Laundromat 13:41 eCommerce Sites 14:45 Storage Rentals

[@77stockmanager47]

Yaaas 🍜

[@bhuvanchandv666]

😃🙌 thank you soo much

[@miladyamalia6446]

Thank you!

[@micpowers1136]

Do what she’s doing .The only way to make money online is to talk about how to make money on online

[@rickraney3939]

LOLOL....EXACTLY!!! LOL...

[@rohanrajah8839]

I don't know in which country this stuff can work...

[@cavelleardiel]

DIY videos and apparently tarot card reading are also youtube videos that make money

[@rohanrajah8839]

@@cavelleardiel hi. I have had personal Tarot card readings offline. It's very distressing. I wouldn't suggest unless you have proper training to handle the energies. Reading books in your line of specialisation & creating valuable content is a good idea. Dealing with metaphysics is dangerous.

[@cavelleardiel]

@@rohanrajah8839 Metaphysics ia thé power of the mind and energy. If is only dangerous if you allow it to be.

[@GrowthMindsetProductions]

*Real* *estate* *is* *my* *favorite* *way* *to* *invest* . Just keep in mind that if you plan on purchasing a property to rehab and rent out, have about 20% of the purchase price in reserves in case any surprises happen along the way. Cheers!

[@LesterDiaz]

Passive income is goal, building a following is one of the best places to start. I’ve been building my YT channel for over a year with over 13k subs and is now generating passive income.

[@gillianzperkins]

That's awesome! I hope it continues to grow quickly!

[@thefuzzypineapple]

Digital files seems the best as you can have an infinite amount and there's little to no maintenance, it has 24/7 global reach, and no employees need to be involved.

[@darlpo64]

What is a digital file?

[@aaronolsen3985]

Awesome video! But I think Gillian misspoke in citing the payout of dividend stocks. She says 2-5% per month - that should be 2-5% per year. For example, the SHYG ETF from Fidelity (0-5 YEAR HIGH YIELD CORPORATE BOND) is among Fidelity's highest dividend ETFs and pays about 5.4% in dividends *per year*. That works out to 0.45% per month.

[@jimyost2585]

This reminds me of a quote by Ralph Waldo Emerson: "Money often costs too much."

[@jeremyshirazee]

Fantastic video Gillian! If it's ok I'd love to share some basic info on real estate investments: Residential - Easy to rent out as tenants are readily available. Make sure you allow for all costs associated with owning the rental and facilitating the lease e.g. property maintenance/repairs, loan interest/fees, property management fees, vacancy (loss of rental income), compliance with authorities (pool fencing, smoke alarms etc) and so on. Once you have allowed for these costs in your profits and loss you will have a better idea of what your passive income actually is. Unfortunately I see many people jump into this game to find themselves stuck and having to sell as they didn't do their research. Commercial - harder to lease but generally a better quality of tenant. Here is Australia the tenant will look after property maintenance/general repairs, pay rates/fees, any additions they make to the property will generally stay and so on. Though tenants are harder to find they tend to stay for a long time, once you have them then it tends to be smoother sailing than residential. BUT it a down market be prepared for longer vacancies, meaning you NEED a buffer in place to cover you in those times. Again work out the outgoings against the income. Vacation - this looks like a lot of fun and if you happen to own property in a desirable area for holiday goers the potential for profit is good. Make sure to check your strata and or council guidelines to make sure you aren't breaking any rules by setting up an Airbnb or similar style service. I haven't actually worked with these before but I'd imagine there would be a way to manage these quite efficiently for a good profit. Again work out outgoings vs income. Which ever strategy you go for make sure you have a BUFFER in place to cover you. Vacancies, damage, fees, insurance, interest etc, none of these subjects are romantic but if you don't take the time to manage and control them, they may end up controlling you. I cannot stress this enough as many people give up piece of mind for a passive income they didn't research properly only to lose money in the end. Done right, it is one of the most proven strategies though. Thank you again Gillian for your video I learnt a lot! I am a real estate agent and although I had an active youtube channel to simply post my property videos, I have started a video series on the platform called ADULTING: Property, Life & Shiz. My goal is to help others with the knowledge I have gained from working in property for 10 years, while also be an agent who helps the community, not just tries to sell them a house. Thanks again 🙏😁

[@cutelittledevil88]

I love how your comments are a place I can find small KZbin channels. On other video’s it is considered spamming, here we are just helping everyone reach their greatest potential. :)

[@Celebrityworld-87]

True that. She is so accommodating and we love her. She is going far. Am also a young youtuber who needs to grow 🤗

[@vicioustide]

TLDV: 1) High Yield Savings Accounts @1:20 2.5%/yr D: 1 TI:1 I: $$$$ PP: $ Taxes: 33% Highest 2) Rental Property @1:36 33%/yr D: 6/10 TI: 4/10 I:$$$ PP:$$$$$ Taxes: near 0% lowest.

[@alijamil4628]

i watched this video for the first time last summer, and it inspired me to dedicate the next 8 months to publishing a book. thanks gillian, these were so so helpful!

[@amydillardGypsySoul]

You were wise to invest in a rental property so early Gillian! We make a good profit from ours. I met a realtor who said he intended to buy one small rental property each year for the next 10 years and that was his retirement plan. I thought that was a good solution for a self-employed person who had no 401K. Thanks for another thoughtful video!

[@gillianzperkins]

Buying ours was a great experience as well! We're hoping to build out a real estate portfolio over the next several years. :)

[@Simply.Mariela]

So many people are talking about passive income lately! I really want to diversify my passive income right now I’m just earning from KZbin and affiliate marketing

[@gillianzperkins]

You're ahead of a lot of people with those two passive income streams, Mariela! Just keep working on it. :)

[@Simply.Mariela]

@@gillianzperkins thanks girl!

[@rayberger2694]

Dividend stocks do not pay out 2 to 5 % per month, They pay it out per year, and that sum is broken into quarters, so a 4.00 dividend stock would pay you 1 dollar every three months.

[@Painfulwhale360]

Ray Berger yeah, it takes ridiculous amounts of money to make a full time income from dividend stocks

[@researchereye]

Gillian, you are the star!!!

[@NenaLavonne]

So helpful and well presented. The best! 😊✨

[@gillianzperkins]

Thank you for your kind words! :)

[@MoneyChasingYou]

Gillian is a TREASURE... How she can be so SMART and so BEAUTIFUL??...1 in 1,000,000....Very Dificult to Find

[@nicolevanlogtenberg6130]

Where did you invest in your property?

[@queenofart3755]

Thank you for the great video!

[@gillianzperkins]

Of course! Thanks for being here :)

[@with.anisha]

You are awesome as ever Gillian...no one can ever be as graceful and smart as you...hope my channel turns out as successful as yours some day!!

[@Vikasingle]

Which camera u use for shut ?

[@jbhann]

vikas ingle ....it’s *_shoot_* not shut.

[@calvinhelms2284]

You mentioned several but I think you can still get into utube or stream videos dirt cheap and make money. But any side job takes discipline . You have to decide how many hours a week you’re going to work and stick to it . Remember a passive income is going to tack time to generate money

[@scottehly73]

Good day Gillian, I would just like to say your positivity is great and you carry your self well with your confidence projection of your topics. All 21 strategies are great.

[@ShavariaTV]

I’m finally early!!! I finally started my KZbin channel and I am so happy!! Thank you for this video ♥️♥️❣️

[@OlgaPogozheva]

Kickinit Withvari congrats! May it grow fast :)

[@ShavariaTV]

Olga Pogozheva Thank youu sooo much!!!

[@NenaLavonne]

Kickinit Withvari congratulations!

[@ValscreationsStudio]

New subbie here. Good luck to you. Have fun :)

[@ShavariaTV]

Finding Awesome with Nena Lavonne Thank you!! Subscribed to your channel

[@nizamuddina]

I like the digital files, stock photos and the like. Great video.

[@OlgaPogozheva]

Passive income everywhere :) all my favorite youtubers uploaded this topic related videos today :)

[@OlgaPogozheva]

@@MagnatesMedia true! :)

[@thatGuy-yj8bk]

Gillian. Love the videos. Do you offer 1 on 1 assistance ?

[@Dorian01ish]

May I be so bold as to asking you how much you had to pay to get your e-book published? Thanks . . .

[@stacyfun6065]

Can I add one more? If you have used stuff and still have a value, try to sell them online ( Facebook or offerup ) I have made some good money there

[@Celebrityworld-87]

You really inspire me. Am a young youtuber and looking forward to grow subscribers with hard work and God's grace. Thank you

[@bluebannany]

Thank you for the business ideas

[@dynamixteachingresources3119]

I have an e comers Shopify shop. Now I am using your KZbin strategy to drive people to it. Open my channel last week Friday. Thank you for what you do to teach us. Blessings to you.

[@gillianzperkins]

Congrats on starting your shop and channel, Francois! Keep taking action like that, and you'll go far!

[@surakshasworld1310]

So helpful.. Thank you so much for this💕

[@traviswilliams1296]

Always good stuff!

[@karenroy652]

Great insight to making money online! Thanks for the tips.

[@travelaimes]

waw the 1st video out of so many that provides valuable information on the topic. I loved hearing about the dividend accounts that pay out monthly, and running ads on websites those are the two I'd consider implementing currently with my financial abilities! Great info & highly recommend

[@PassiveIncomeTom]

*Thanks for sharing these! These are a lot of great tips and I earn passive income through a few of these already.* 👍

[@CodeRevolutionTV]

Thank you for the great video! I am already using some of these methods. :)

[@CountessofShopping]

You rock Gillian!

[@gillianzperkins]

[@businessmindset007]

Nice Video 🤙

[@rishishetty3904]

Is your research based on your country of globally ? Because Back here in India too much difficult to surviev

[@louisaMacQueen]

Thank you for this video :) I started a KZbin channel almost two years ago and I’m hoping to reach a few more people so that I can at some point become monetized. I’d love to be able to do what I love and get paid to do it whilst being home with my child and helping to provide for my family! Love from South Africa

[@darlpo64]

I did Shopify! Sold 0$. Made $0!!

[@88happiness]

Along the lines of the car wash idea/laundo mat alot of people in my area who have land are making them into car parking for a charge, or put solar panels on it. Unfortunately, most of these ideas are a bit hard or expensive for me.

[@ruiwang3332]

Selling ebook sounds a good option!

[@teachdichde]

Great video Gillian! I do some of these things and it really works. Best regards from Germany, René 😊🙋🏻‍♂️

[@gillianzperkins]

Awesome! Thanks for sharing :)

[@lynnebalzer5520]

Do you have a course in working with SEO?

[@lauren_hogg]

This is such a helpful video- thank you! I’ve definitely chosen the KZbin route and am currently putting a lot of time and effort into each video- I’m even making music videos! But hopefully I’ll start making money soon 😊

[@gillianzperkins]

KZbin definitely requires a big investment of time and effort, but it's worth it if you stick to it!

[@villageblogger7261]

I am first viewer of your video

[@manuelvkal]

Thank you so much fot the ideas

[@LifeWorthLivings]

Thanks for great video, MY EYES WAS STUCK TO THE KZbin SILVER BUTTON HALF OF THE TIME, I am gonna get that either this year OR next. Wish me luck.

[@tattoolover5753]

Love the video

[@carlitosvodka]

How come buying or selling a business or franchising not included here?

[@gillianzperkins]

Those are great ideas as well! Thanks for sharing :)

[@unmiss-com]

Great list! There are a lot of opportunities. It's better to choose one or a few directions where you're passionate and know the topic. Don't try to cover everything.

[@gillianzperkins]

I completely agree!

[@unmiss-com]

@@MagnatesMedia nice reply... thanks bro

[@Anja099]

Trading online commodities is a surefire avenue to generate passive income.

[@mokhbireqtisadi-4719]

Stocks, Forex, Equities and Cryptocurrency all posseses great profit potential which can passively earn you consistent income for as long as you want.

[@mokhbireqtisadi-4719]

I've earned over $85k in the last 4 months rental properties.

[@hasanalhaiabl7569]

I have a limited understanding of how the market operates, i'm not looking to spend so much time in front of a trading screen. Is there still a possibility of generating passive income from it?

[@Anja099]

@@hasanalhaiabl7569 Yes you can. Arguably, another way for passive income to be made easy is through fund management. You can benefit from the success of experienced traders. This works for me so i can recommend to you.

[@hasanalhaiabl7569]

Great! That would be highly welcomed. I'm long overdue for a change.

[@mabelw7]

Great video and suggestions.. can u go more in details of each one? Like vending?

[@lcarothe]

I am starting with selling eBooks online and would like to try Affiliate Marketing and Niche Websites. Thank you for these suggestions Gillian!! :)

[@stevenevangelist5221]

your videos are so great

[@kevinhunter1280]

i want to build and rent out tiny homes as vacation rentals, but the law is a bit tricky about this in some countries

[@taoist32]

You forgot to mention ATM business.

[@johnnyhotrod2608]

Starting up a business is NOT passive income. Selling on eBay, Etsy, Car Wash, Laundromat, Storage facility, etc is a business that needs to be run. Passive income does not require physical labor.

[@steveking4878]

Johnny Hot Rod I can’t personally speak for the others, but I’ve been selling on Etsy since 2012 or so and while it doesn’t make a lot of money (it’s far from my main business) it is 100% passive the way I’ve set it up. Digital assets + automated print on demand.

[@Aygosp]

I love affiliate marketing best,followed by digital course. And how you can help me to get up on affiliate marketing will be highly appreciated.

[@gillianzperkins]

Yeah, for sure! Here's a link to a video I made about affiliate marketing last year: kzbin.info/www/bejne/ZqvXm4GgqrFofq8

[@julia.md2b707]

I’m interested in the rental property

[@L3gionMusic]

How do you get into real estate with $10k?

[@lisajennifer3202]

Contact @RichardDenisT for help

[@bentobais6895]

That man is the best when it comes to trading I'm surprise you know him too

[@wackyroad]

I like them all. I’d cut out photography, apps and music. Actually the vacation rental was the most appealing because it’s always a hassle finding a place to stay with my family (I live overseas) when we visit “home”. I had thought about rental properties but a vacation rental sounds even more appealing. Can that be done out of country?

[@syedaiqrahussain]

Great video renting appartments & shop really do well for me then now working as KZbin creator, just started my channel few months back so hoping to grow ☺️

[@MsKesMo]

What high yield savings account gives you 2.5%? I think you meant to say 0.025%

[@JasonGreenslopes]

I really like the storage investment property idea!

[@prayerforthesick1713]

Good job. Thank you.

[@jahcurec8736]

Thank you for reminding me I'll soon own 4 car wash in my country

[@jahcurec8736]

@@MagnatesMedia I have started

[@arnonshachar5937]

in the passive field you have to be faster and sharper than the competition and to be fast Lerner and to And apply what you learn

[@davidmitchell6393]

It just shows you there are so many ways i could add a few of these to my description in my own vid

[@villageblogger7261]

Hi, Gillian Perkins nice video

[@thomasschatton3481]

Wow! What a great list - especially since it also inludes data about difficulty, necessary investment, potential income etc. This is extremely useful! Thank you so much! I am just wondering if copy writing could not be #22 on your list in such cases in which I don't only get a one time payment for the text I wrote but also extra money for generated leads for a SEO text or a certain percentage of the growth of revenue a customer achieves because of what I wrote!?

[@learnwitharslan1049]

7:22 yes creating an app is also good approach. I am an app developer and freelancer. few of my clients actually earn more than thousands of dollars by developing from me. but actually due to busy work routine. i couldn't work on my app idea. How sad & shameful for me at the same time.

[@sujallawhale3032]

Very nice

[@vikaskondabagil1741]

Hi. My name is Vikas. I live in India. I have been researching about the different sources of passive income from a long time now. I am a graduate with a Bachelor's degree in Computer science. Considering my educational qualification, which is the best source of passive income that you suggest to me? Pls comment!

[@KazuTVReal]

Hi I love the way you inspire people and I would like to be one of those successful person that can give inspiration to others on how to earn money the best way possible.hope everyone can support all those people who are aiming to be like this.

[@SlickSixguns]

So true thanks for sharing

[@gillianzperkins]

Of course! Thanks for being here :)

[@hakaquusanguusha5360]

Thank you 😍

[@villageblogger7261]

Can I do all the stuff that you told in this video?

[@demarcobennett9694]

Thank You So Much For This Video It's Amazing

[@cryptoinfinity3097]

thank you for this upload, good video.

[@RiadMahmud]

It's a great informative video. Thanks Gillian for this awesome helpful video. Also in this video with the new hairstyle, you look so beautiful

[@EleanorJosefina]

I just passed 500 subs thanks to your help!! Thanks for always making videos that help us out! Also, I will be doing 3 giveaways this Friday!! And YES this is real!! ❤️

[@surakshasworld1310]

Congratulations.. We can also help each other as well..

[@jonathanknyame6430]

Congrats

[@AhmedMahmoud-wk2zl]

I couldn't stop myself from looking into your beautiful eyes.

[@maninmotion8090]

I bet her husband can't either

[@fitnesshobby9197]

I really like u (videos) I get many info from your videos

[@michaeldexterlipata2283]

Spread all knowledge all over the World the best for human to know what we do not know God bless!

[@robertsteelejr]

Amazing content. 👌

[@MrsMonaR]

Hi Gillian Thank you for this great video. I was wondering with 2020 coming soon could you please make a video on work from home online paid works. I have found your previous videos on this topic very informative but most of them are US focused. Could you please find some UK based or global opportunities as well. Thanks.

[@vendela678]

Yes please

[@michaeldexterlipata2283]

God bless to people around the planet very useful you tube helping aware knowledge so much rich and the poor Gillian thanks

[@olivenelson6720]

Thanks much I think storage rental

[@ekemba8979]

Investing in a Startup is high risk and high reward. Think about the people that invested in Amazon in the early years of amazon. Those guys would have been rich! But also think about the people that invest in startup companies and that company goes bankrupt, then they loose a lot of money. It's just a game of luck in my opinion....

[@msellen6456]

This year, I reached one of my proudest financial milestones. I had amassed more than $100,000 in savings and I did that in just 3 months, through the help of Alysia Theora Baker, an investment advisor whom I met on LinkedIn.

[@pemayangdon23]

Very helpful...

[@Victoria-vj3wv]

Do people really click on ads on websites other than "skip ad". 😂

[@steveking4878]

Victoria if the product or service being advertised is a good match, then yes..

[@Chlcecg]

This was really insightful! I don’t have investment money but am keen on building savings to create my passive income while I’m young. Thank you! 💖

[@traviswilliams1296]

Investing is super easy Chloe and doesn’t have to take a lot of money! While we are young we have the compound effect in our favor. Even a few dollars today grows dramatically over a few years! You got this 💪🏼

[@nickatnight9103]

I always say that a storage facility and car wash would be a good investment and those are my two favorites on the list. Thanks for the video!

[@gillianzperkins]

I agree! Thanks for sharing :)

[@winsdomtank]

genius.

[@mikefaust8536]

The ebooks and video.