7 Best Passive Income Ideas for 2023 (Make $$$ Faster)



 a YouTube channel so it costs you

nothing to get started and you can use


your phone and start filming videos this


afternoon if you wanted to so the niches


that make you the most money can be


digital marketing making money online


personal finance education Tech cars and


electronics lifestyle and fitness and


anywhere from five dollars up to twenty


dollars per thousand views and AD


Revenue so at first this might not sound


like much but remember videos get


consistent views long after they're


created so for example let's say you


start making personal finance videos and


your CPM is fifteen dollars per thousand


views let's say you create two videos a


week for six months and you get your


channel to 10 000 views a day or 300 000


views a month that is 150 a day you've


getting these daily views that comes up


to forty five hundred dollars a month or


fifty four thousand dollars a year which


is about the average salary in the US


for making a few videos a week on one of


your favorite topics but here is the


secret you can make tons of money with a

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YouTube channel even without a whole lot


of subscribers and Views so what you do


is you use your videos and drive people


to Links in your video description and


then you get them to buy products so for


example my channel only gets around 380


000 views a month but it makes over two


hundred thousand dollars a month from


our blog growth engine coaching program


sure we make money without Revenue but


we make 40 times that selling our own


product now number two on the list is to


make passive income investing in


properties so a lot of people diversify


their income by buying properties and


Out Of Reach especially with housing


prices going so high even though you


don't have any money even though you got


a credit problem even though you you


don't know what you're doing or maybe


you have the money but you don't want


the risk of a big mortgage so an


alternate way is to invest through a

real estate investment trust a real


estate investment trust is basically a


company that owns a portfolio of real


estate and you can get access to some of


it by buying shares similar to buying


shares of in the stock market so what's


also great is that the owners of the


trust are obligated to pay out 90 of

their income to shareholders which is


you as a dividend now my third way to


make passive income is my favorite and


that is affiliate marketing so I've made


here's the gist of it so millions of


people are searching the internet for


products every single day and this


number is only increasing they're also


shopping for things like clothes watches


Furniture cars TVs Nicholas Cage pillows


Taco sleeping bags night armor for dogs


1943 M4A1 Grizzly Sherman tanks with


Continental built-in 975ci right


Whirlwind 9-cylinder radial engines we


got a tank if you can think of it you


can probably buy it online now to make


passive income with affiliate marketing


by either writing list post review


articles or making YouTube videos or


building up a big social media following


your one and only goal here is to become


the middleman or woman between a search


and a purchase so let's say you run a


website all about skiing so you want to


make sure when someone searches for


something like the best ski goggles they


find your article your content and then


you list the products and they click on


one of your affiliate links and when


they make a purchase through your


affiliate link you get a commission on


every sale and when you can rank for


thousands of keywords this can add to a


huge number over time sometimes they say


huge and the best way I know how to do


search traffic is reliable and


consistent month after month and with a


good keyword strategy then doing SEO the


right way you can create a passive


speaking of a money printer if you want


to learn how I do all of this how I make


400 000 a month sign up for my free


masterclass below click that link at 60


way on my list to generate passive


income is to buy index funds that pay


you dividends now look before you invest


please know that I'm not a financial


advisor I'm not an expert in stocks I'm


just a guy on the internet right now


talking about passive income


so in general people will talk about


buying individual stocks that pay the


highest dividends companies like Lowe's


Johnson and Johnson are Target because


they're profitable big companies they


pay out dividends to their shareholders


based on profits and while it's not a


terrible approach it takes way too much


time for me to think about a long time


so I tend to focus on you know things


like dividend ETFs which is like buying


a share of a bundle of companies that


offer dividend paying stocks so this way


you're exposed to a bunch of different


companies at once so if one of them goes


belly up you're not losing your entire


investment again I'm not telling you


what to invest in but this is the way


people have been earning passive income


for years but it takes upfront Capital


to do it so it's not the best option on


this list but number five is one of my


favorites and that's generating passive


income through digital products now I


will never forget the very first PDF I


bought many many years ago


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