How many times have you imagine yourself making money remotely? Making money while you keep you day job? Or just making some money while you go to school or do other activities? Let me guess, countless times. Yes it is true that there are many possible ways of making money online, but how many is worth your time and can give you the income you need to take a vacation, spend time in luxury hotels or other very exciting adventures. There are not to many if you look at it from this point of view. Some passive income adventures can just give you about $30 to$100 a month and others can give you anything from $1000 to $25000 a month.

Thousands of people have been known to make some good side income to permit them quit their day jobs and start other ventures that makes them really happy and fulfilled. The greater part of the population looking to make money online, don’t even make money, lose money, or just make a couple of bucks a month.

Ngane Emmanuel, “if you should engage in passive income ventures, you should make sure the time, energy and other resources you spend are more than accounted for by the income you get”

For example, if you spend 3hrs a day as an affiliate or social media marketer, make sure your daily or monthly profit should be around$1000 and above. If you work for a long time and can’t get or exceed this outcome, you should look for a change.

So what are some of the finest and most profitable passive income adventures, you would ask;

Freelancing:

You must have heard about this from so many people as there are more than 100million freelancers worldwide. This is like a parent of all. Freelancing is not a particular job but a term used to describe people who work (could be long term of up to 5year or short term for about an hour or two) remotely for a fee. Usually they are cheaper and more efficient as they work at the comfort of their comfort zones. The demand for freelancers has grown over the years and this has created a billion dollar industry, giving rise to some of the multimillion dollar freelancing platforms we know and use today. Some of these platforms will include but not restricted to Upwork, Freelancers, peopleperhour, and truelancers.

The amount of money you make as freelancer will depend on your skill and availability. IT experts as software engineers, web developers and designers among others will make the most money on these platforms as a single job that take about a week or two could pay anything from $500 to $10000. There are other high paying skills out there that will bring significant income o up to $5000 per job. For those who are just starting out with little or no skills, picking up writing (content, article, blog, academic, copy, proof, and other types of writing) will prove to be a very lucrative ventures. Writing is the second most sort after skill in the world and the pay could be from $1 to $30 per hour for beginners and professionals respectively.

Basically, if you have any skill especially ones that can be achieve remotely, you are eligible to join the freelancing community and start making money

Affiliate Marketing:

This without any doubt is by far one of the most lucrative passive income adventures. I mean, you can make as much as $50000 in a single month depending on the product you promote. Affiliate marketing is the act of promoting certain products and getting paid when your visitors/viewers complete a designated action on the affiliate platform. Promoting could be done using links (mostly used), direct contact for the sale, and other methods. read on the three Most Important Affiliate Marketing Steps To Making Money

So, basically you sell a product or service that is not yours, and when the visitor, buys, signs up, watch, read, or complete any other actions specific to that product/service, you get paid a commission. These commissions can be pretty low and high depending what you are promoting. It is easy for you to get paid $3 to when someone signs up for a free trial period and/or get paid $500-$1000 when someone buys a new car using your affiliate link. These commissions sum up to give a very significant amount at the end of the month. By far one of the best and most populated affiliate programs out there will be the amazon affiliate program. It is in most countries of the world and it is run by the biggest shopping platform in the world.

Be assured, these affiliate programs will pay you significant commission on time. This is because they want to keep you happy and boost your zeal to promote more. They make tens to hundreds of billions yearly from this system and will not mind spending 1 or 2 billion paying their affiliates to keep this programs running. There are other programs including alibaba, eBay, Jumia, clickbank, etc.

Social media and email marketing

First of all these are two different platforms. The reason I joined them is because they are similar in approach and techniques. You are basically trying to sell you product or service to users on social media platforms. Or get thousands of email from your blog or buy them from someone and sell these products and services via email. A lot of us will know social media marketing but email marketing is also a huge business and people walk away with thousands in dollars monthly. You may have gotten an anonymous email in your inbox asking you to buy a product that can help you, hire their services or just signup for their free trial periods. This, friends is email marketing.

Yes you can also use these methods to do affiliate marketing, although not with amazon and other top affiliate marketing companies because, they frown on spamming with emails. Nevertheless, there are others that will permit you use all forms of marketing and will not pay attentions to the source of the click. read my guide on how to be profitable with your social media

Content Creation (Blogging and Vlogging)

Now you must have heard about blogging but a lot of you will wonder what vlogging is. Vlogging is simply a blogging but rather than your typical writing, it is done in videos. At the time of writing this blog (during the corona incident worldwide), the general use of the internet is expected to increase more than 30% worldwide. This means YouTubers, blog writers, video streaming websites, and other online platforms are expected to record higher view, read, streaming time. This will increase their earning in AdSense and sales. Video streaming companies like Netflix have already seen significant spikes in stock and market shares.

That said, taking an interest in content creation will be very profitable not just for the time being but for future years to come. Note, content creators have being known to make more than $20million yearly, in addition to them becoming worldwide celebrities. They usually make their money from AdSense programs and other advertisement deals they get for their content. The fun part is m you get to become a millionaire for your opinion and doing what you love.

Bitcoin:

Now, I am not going to talk much on this as a lot of people don’t even become profitable with this. More than 80% of people who try this fail an many even lose plenty of money. This is because, there are a lot of scams out there in the form of free mining apps and websites that will take your money and not pay-out. The few legitimate ones will take about one year to make $200 or less. But for those who make it in this industry, let’s just say they are multimillionaires now. I will advise you to do as much research as you can and possibly get a coach before trying this out. Although you can quite literally be a multimillionaire overnight, you will most likely be broke overnight if you fall victims to the numerous scams.

So, there you have it. Everything you were looking for. Start with the safest (freelancing and content creation) and grow. I am presently creating content as you can see and the money is good. Thank you for reading. Share and comment down below what you think and other topic suggestions. Also check out some related post which could help you and I will see you in the next blog post.