So, many marketers have the question what are the best passive income ideas for 2019? Well, this question comes on a yearly basis and will continue to do so for every year after that. It is the smart marketers that are asking this question, because they understand that the internet is always changing. However, one thing that will never change about the internet is the fact that you will always have the ability to utilize something known as leverage.
As opposed to an offline, brick and mortar business, you can reach tens, hundreds of thousands, or even millions of people at one time from the internet. Needless to say, if there is anything that is “passive income” worthy, the internet would certainly be the way to go. With that being said, here are what we’ve found to be the best passive income ideas for 2019.
Create An Amazon Kindle eBook
Contrary to what many people think, creating an Amazon Kindle ebook is not difficult to do at all. All you need is a great story about a topic that you are very passionate about, publish it into a PDF, get it copyrighted and published and you’re good to go! You really have half the battle taken care of and that is the story portion. Somewhere inside you, there is a story that you would like to tell to the world. It could be an autobiography that you’d like to publish for your fans one day, or maybe you’re really great at giving advice on a particular subject. No matter what it is, write it out and publish it and when you do this, you get paid forever from the work that you did once.
Create A YouTube Channel
Yes, everyone is trying to create a YouTube channel nowadays and that is because it is booming! Just a few years back, YouTube was nowhere near as popular as it is today. And now, you have many people who slap one video up and they go viral and get millions of views. This could be you, should you have the appropriate topic that is in high demand. Just as we mentioned in our previous point, it is best to produce content and a channel on something that you are passionate about. Your charisma and your spirit will come through when you speak about things related to this topic and people will pick up a genuine vibe and be more willing to subscribe to your channel.
Consider Joining An MLM
Just in case you guys haven’t heard this yet, MLM is one of the highest paying business models on the planet. And in this year of 2019, one of the hottest industries growing is the Cannabis industry and there are many MLMs associated with that. Of course, you don’t have to go directly into this type of industry if it’s not your cup of tea, but this industry is booming and is the hottest trend of 2019 so far. If not, there are many other great MLM companies with awesome products that you may be more passionate about. Same thing here, find an MLM company that has products that you are passionate about and has an amazing compensation plan, take it and run with it!
Conclusion: The Best Passive Income Ideas For 2019!
There are tons of passive income ideas for 2019 to choose from, but if you ask us what is at the top of the list, these three would definitely fit the bill. At first glance it may seem like there is a ton of competition because there are a lot of people utilizing these strategies, but this is where you need to couple your passion with your creativity, and go after it with everything you got. This is a recipe for success – Build something around your passion so that you never give up on it and you will succeed.