In today’s world where we all struggle to meet our ends, it is very important that we should build means of passive income that can help you meet either your expenses or maybe act as savings or a medium for investments. Like we diversify our investments, we should diversify our income ventures too.
“Not every passive income needs a huge investment or involvement, but yes you do need to spend few hours every week and have some interest.” Says Nitesh Seth Founder of S2O – Start Selling Online.
Nitesh has tried these methods and has been making serious money out of them.
1. Build and Sell Digital Assets
This is far most the easiest way to make money, the digital asset is nothing but a digital template which a small business owner or a blogger or anyone could buy and use to create something for his business. It could be a PowerPoint template, Instagram post, business-related template, resume template and much more
The best part about this is, you don’t need to have physical stock or invest a lot of time. If you are not a graphic designer, you could hire one or create a word or excel templates too.
You could easily make more than 25 – 30 K month without a lot of efforts. Their market is getting competitive, but if your work is of high quality, there’s no looking back.
2. Sell on Amazon through FBA Program.
We all know about Amazon, FBA stands for Fulfillment by Amazon, they will get inventory from you and store it in their warehouse and dispatch when an order comes and handle returns too. The only thing that you need to make a note of is to have a GST number and must file timely returns. You may need a business account as well. With the right kind of product, there is no limit to what you can make on FBA.
3. Amazon Affiliate
If you have no idea about Amazon Affiliates, this is a program through which Amazon will pay you a certain percentage of the sale when someone purchases from the link you share with them. You necessarily don’t need a website, but can also have a Whatsapp group where you can share deals and make money.
4. Google AdSense
If you have a blog or a website, google pays you when someone clicks on advertisements on your blog or website. Many college students or people working on corporates like to write blogs and this can help them good Passive Income.
Nitesh Seth is the founder of S2O – Start Selling Online, Moda Chales and My Shipper. He is an entrepreneur with a positive mindset. has been helping college students and homemakers to take a route of working independently and make money.