Invest in dividend-paying stocks or dividend-focused ETFs. Over time, you can earn regular dividends, which provide a steady stream of passive income.
Write an e-book on a topic you're knowledgeable about and publish it on platforms like Amazon Kindle Direct Publishing. Earnings come from book sales over time.
If you have expertise in a particular field, create an online course and host it on platforms like Udemy or Teachable. Once the course is created, you can earn income as people enroll in it.
If you have extra space, consider renting out a room or your entire property on platforms like OYO. This can provide a consistent source of income when travelers book your space.
Create an e-commerce store using a dropshipping model. When customers place orders, the products are shipped directly from suppliers, allowing you to earn a profit without handling inventory.
If you're a photographer or artist, license your work to stock photo websites or art platforms. Each time your work is downloaded or purchased, you earn a royalty.
If you have coding skills, create a mobile app that addresses a specific need or provides value to users. You can earn revenue through app purchases, in-app advertisements, or premium features.
Choose a niche you're passionate about and create a blog or website around that topic. Monetize your blog through affiliate marketing, sponsored posts, or display advertising.
Launch a print-on-demand business where you design and create custom merchandise like T-shirts, hoodies, mugs, and phone cases.