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Get Inspired to Start Your Business in 2023

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Get Inspired to Start Your Business in 2023

Looking for self employment ideas to inspire you to start your business? Being the boss is the dream for many people. You make the decisions, create your work schedule, and run your own company.

It’s a path many business owners take, and it can come with many perks, but when you’re starting out, the problem is you don’t know what kind of small business you want to run. That’s where self employment ideas come in!

Choosing a business path and deciding what business to start can be challenging. We’ve put together a list of 13 different self employment ideas to inspire you to start your dream business.

Let’s go!

13 Self Employment Ideas to Inspire You to Start Your Business

If you feel stuck and don’t know what kind of small business to consider starting, these 13 business ideas might inspire you.

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1. Blogging

Blogging is about writing and publishing articles on a website. Bloggers typically choose a niche or topic to focus on in their blog, like gardening, food and cooking, fitness, fashion, etc. You create blog posts to attract traffic to your website and cultivate an audience. Then, that blog traffic can be monetized in a variety of ways, which is how you make money:

  • Ads
  • Sponsored posts
  • Selling products and services
  • Affiliate marketing

Blogging is a great small business path for creatives to pursue.

This collection of blogger income reports shares multiple bloggers revealing earnings up to $90,000 per month.

In all, this is one of our favorite self employment ideas to start on the side. Then, when your blog takes off, taking it full-time could be a wise decision that pays off.

If this sounds interesting, read this article to start your blog today.

2. Podcasting

Podcasting

Podcasting is like independent radio. This is one of the best self employment ideas that’s within reach for anyone.

Anybody can start a podcast and share their thoughts and opinions with the world. You can run the podcast as a solopreneur or bring on a co-host for your show.

Podcasters make money with:

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  • Sponsorships
  • Affiliate marketing
  • Selling products and services

Many podcasters also start a blog, so they can have an online home for their podcast. The blog can earn extra money for podcasters through ads and the monetization methods shared above.

A podcast is a good business for someone who is a content creator at heart. You enjoy creating and sharing content with others, and you have patience and persistence. Podcasters are often bloggers and/or video creators or other creatives.

Podcasts can be used as a business tool, a marketing tool, and for other purposes.

This business can take some time to ramp up as you build your audience, so starting this as a side project is what many podcasters do.

Podcast advertising revenues reached over 1 billion dollars in 2021. Top-earning podcasts earn tens of millions per year, and the national average salary is around $73,000/year, according to ZipRecruiter.

3. Niche Websites

Niche websites

Become a niche website creator, building and growing niche sites for a living. If you’re looking for website-based self employment ideas, this business fits the bill.

A niche site business is about running one or more websites as your business, like a network of blogs.

First, choose a website niche. Next, create your niche website, add articles, and monetize the website with ads, sponsored content, affiliate marketing, and selling products and services.

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Then, you can run that website alone or go on to build more money-making sites.

Selling your websites in the future could also be a source of income. Did you know that a site earning $10,000 could sell for $350,000?

To start with niche site investing, Affiliate Lab teaches you the skills to rank, earn, and flip websites.

You can earn a lucrative salary in this space. Niche website builders and investors like small business owner Morten Storsgaard makes five figures per month with niche sites.

4. Social Media Manager

Social media manager

Social media managers manage a brand’s social media presence across one or multiple social networks. This is a great business for someone who is social media savvy, enjoys working with others, and is well-organized.

You’ll have tasks like:

  • Creating and curating content
  • Planning out and executing a content calendar
  • Analyzing social media metrics
  • Responding to comments

Social media managers play a major role in brands’ online presence and social growth. You can take on more or multiple clients and on average, earn around $51,000/year.

5. Virtual Assistant

Virtual assistant

A virtual assistant (VA) is an online personal assistant. In this self employed job, you’ll work with one or more clients, helping them run their day-to-day activities like:

  • Scheduling appointments
  • Email and calendar management
  • Note-taking
  • Posting to social media

The tasks you’ll do will vary, based on your client’s needs. This is a great business to start for someone who wants to work from home, enjoys helping others, is detail-oriented, and is well-organized. VAs like Riya Jain make $8,000/month running their own virtual assistant business. It’s not unusual to run a six-figure business as a VA.

This is a business you can start and hit the ground running. Securing one or more clients can be enough to earn a full-time income. Here are some of the best virtual assistant jobs and websites for beginners to check out.

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6. Freelance Writer

Writers Work review.

The best self employment ideas to consider for people who like writing is freelance writing. Freelance writers make money writing content for clients.

Making the most money from freelance writing comes from niching down. So rather than doing any kind of writing project available, choosing a niche like technical writing or copywriting will help you earn more and strengthen your writing skills so you can master writing in that niche.

On average, freelance writers make $68,000/year.

These are some of the best freelance writing jobs for beginners to get you started.

7. Sell ebooks

Selling ebooks

Selling ebooks is a small business idea that can be an exciting and lucrative career path for business owners.

First, you have to consider your book’s topic and audience. Then comes outlining and drafting your ebook. Proofreading and editing is next. Then, you’ll need to do marketing and figure out what platform to sell the book on.

This guide shows you how to write an ebook in 4 steps.

Ebook authors average $72,000/year.

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8. Amazon FBA

Amazon FBA

Amazon FBA (Fulfillment by Amazon) has created self employed jobs for millions of Amazon sellers. This program allows Amazon sellers to use Amazon’s fulfillment centers to store their products. When sellers make a sale, Amazon picks, packages, and ships the order to the customer.

This is a streamlined way for Amazon sellers to handle fulfillment, outsourcing this task to Amazon. Amazon FBA helps Amazon sellers save time and save money on warehouse storage costs.

How does an Amazon FBA business work?

Once you join the Amazon FBA program, you’ll source and ship your products to Amazon and set up your marketplace listings on the Amazon website.

You can start an Amazon FBA business with little money. Top FBA sellers like Clarence Cheang make as much as $17,000/month or more.

9. Coaching

Coaching

Coaching is a service-based business you can do if you have expertise in business, accounting, operations, etc. Coaches work with businesses to help them be better.

For example, a business operations coach can help a company better its workforce culture, improve its operations to eliminate bottlenecks and improve processing speed.

There is also a career coach, life coach, executive coach, etc.

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This is one of the lowest startup-cost self employment ideas on this list!

Business coaches earn around $75,000/year, on average.

10. Dropshipping

how to start a dropshipping business with no money.

Dropshipping is an e-commerce fulfillment business model where an e-commerce store doesn’t hold the inventory in stock. Instead, when the store sells the product to the customer, the inventory supplier directly ships the goods to the consumer.

The main advantage of dropshipping is the money savings. The store saves money because they don’t have to bulk order inventory in advance, holding it in a warehouse until it sells. Stores only purchase inventory when a product is sold. Warehouse storage fees are eliminated, and investing in a large supply of products upfront is unnecessary.

Making a full-time income from dropshipping is possible. Many successful dropshipping stores exist today like Chad Brinkle‘s business which earns $4,000/month dropshipping car parts, or these two brothers who earn $30,000/month dropshipping.

11. Affiliate Marketing

what is affiliate marketing.

Affiliate marketing is a digital marketing strategy where companies partner with affiliates to promote their products in exchange for commissions. This is a way to earn passive income as well.

For example, an affiliate can promote a blender for a home appliance company and earn $10 from each blender sale that results. Customers make a commission when they buy a blender with the affiliate’s affiliate link.

Affiliate marketing can be a very lucrative business and self employed job. An affiliate marketer earns an average salary of nearly $180,000/year, according to ZipRecruiter.

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You can promote products as an affiliate with blogging, email marketing, social media, and paid ads, among other strategies.

Niche site operator L.E. McArthur makes $60,000/month from affiliate marketing income from her niche sites.

12. Start a YouTube Channel

Start a YouTube channel

YouTube is a video-based platform where creators can share what they know in videos for the public to watch. You can use YouTube as a marketing channel for virtually any business, from your coaching business to blogging, freelancing, and more.

Becoming a YouTuber is a business idea that’s cheap to start and can pay off in dividends in the future. It’s relatively easy to do, too!

Starting a YouTube channel is free. You pick a niche, set up your YouTube channel, start filming videos, and publish it to the platform.

Tons of different YouTube channels exist:

  • How-to’s and tutorial-based
  • Vlogging
  • Entertainment
  • Inspirational and motivational

YouTube will help you reach an audience through the videos you publish. You can monetize your channel and profit from YouTube with YouTube ads, sponsorships, affiliate marketing, and selling products and services.

This is a good business idea for creators to showcase their best skills and teach, inspire, and/or entertain an audience through video.

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How much can YouTube businesses make?

According to this survey, $4,616/month in 2022. Top YouTubers like Eric Worral make $40,000/month.

13. E-commerce

Make sales in ecommerce

Running an e-commerce business is an at-home idea revolving around selling products in an online store, whether coffee mugs, t-shirts, toys, or baked goods.

First, you start by choosing a niche. What will you sell? Where will you source the product? Who is your audience? Next, after you source and stock your products, you can set up your online store using a platform like Shopify.

E-commerce can be one of the best businesses to start for $200 or less.

The sky’s the limit on how much you can earn from e-commerce.

This inspiring story shares how successful business owner Steve Chou grew his e-commerce business and blog to 7 figures, working 20 hours a week.

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What are the best self-employment ideas from home?

The best self employment ideas from home are businesses that can be run remotely, like blogging or social media management. Of the 13 self employment ideas shared in this list, all can be done from home. You would win with any one of these business ideas.

Bottom line on self employment ideas

self employment ideas

There are so many self employment ideas to choose from. Which one do you pick? Review these business ideas and choose the path that aligns with your interests and goals. The biggest challenge I think people who want to start a business face is taking action.

Which of these self employment ideas appeals the most to you?



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High Sport Skeptics Have Entered the Chat

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High Sport Skeptics Have Entered the Chat

If you are plugged into fashion discourse, you’ve probably heard about High Sport Kick Pant by now (perhaps against your will). They are stretch ponte trousers with a cropped flare above the ankle and pleats down the center of the legs. Sturdier than leggings and distinctly more polished. The intrigue around these pants reached a fever pitch on Substack in late 2023 – early 2024. The Kick Pant has developed a cult following, but skepticism has started to mount.

Substack, the newsletter platform, is integral to the phenomenon of High Sport. It’s where fashion influencers and ex-editors with large followings raved about the pants to their readers. Several glowing endorsements were published within a short time span. Word spread like wildfire within the platform’s ecosystem. Substack writer Rachel Solomon of Hey Mrs. Solomon describes the High Sport pants as a “fireball” item that seemed to “materialize out of nowhere.” She believes the hype is tied to the inherent “miracle potential” of pants, which are extra compelling because “the ass/thigh area is so important when it comes to fit and use case.” People will pay a lot for pants that make their butt look good.

“The chatter about these pants on Substack chat was non-stop,” says the writer of Totally Recommend, a self-described “recovering marketing CEO” who goes by Rufina. Her assessment of the situation? It seemed like no one beyond fashion writers and influencers actually owned the High Sport pants, yet everyone was hunting for alternatives. “I realized we were all searching for dupes without even knowing what the originals were truly like. That’s when my curiosity really kicked in. I knew I had to get my hands on these pants,” Rufina states.

Vi Huynh wears a thrifted version of the High Sport pants;

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Courtesy of Vi Huynh

1712933763 594 High Sport Skeptics Have Entered the Chat

Vi Huynh wears a thrifted version of the High Sport pants;

Courtesy of Vi Huynh

Solomon and Rufina both bought the pants and wrote about them on their Substacks. Both writers gave their honest opinions on everyone’s burning question: are they worth it? And, of course, where can one find a good dupe? Rufina’s review series, “The Scoop On The High Sport Dupe,” made the Substack rounds for its thorough list of dupes from Ann Mashburn, Donni, and Spanx to Banana Republic, Old Navy, and J.Crew. More chatter ensued.

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Then, The Cut published a High Sport piece last month that laid bare the financial incentives for Substack writers recommending the High Sport pants with affiliate links. The public reception of the article drove the discourse around these pants towards suspicion. It reminded people of the importance of taking product recommendations with a grain of salt when someone stands to make a hefty commission.

High Sport skepticism has kindled on Substack—the same place where the fanfare began. This time, discourse around the pants are tinged with mixed feelings around the gray area of affiliate marketing and fashion writing. Kickbacks on the Kick Pant have soured the hype for many.

In her latest High Sport dupe post, Rufina ponders if we should aspire towards these pants in the first place: “Are they an unspoken application to an elite club, where the entry fee is a slim waist, a fat bank account, and a life elegantly soaring above the mundane irritations familiar to the rest of us?” Readers resonated with this perspective. The comment section contemplated the writers’ ability to make $135 per sale via affiliate links on a rave review. “For some people, these pants might still be their top pick, fitt ing their style and budget. But knowing about the commission thing bursts the bubble,” Rufina continues. Solomon reflects on how the High Sport hype has played out. “I have noticed a little more skepticism, almost like we can all suddenly breathe a sigh of relief and go…wait, aren’t these just thick, hot pants that have a cute length?”

1712933763 870 High Sport Skeptics Have Entered the Chat

Vi Huynh wears a thrifted version of the High Sport pants;

Courtesy of Vi Huynh

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1712933763 528 High Sport Skeptics Have Entered the Chat

Rachel Solomon wears the High Sport Kick pants;

Courtesy of Rachel Solomon

Some have held a critical eye towards High Sport pants from the start. Em Seely Katz, news editor of Magasin and writer of Human Repeller, knows the nitty-gritty economics of luxury clothing production and marketing. “I know a pair of stretch pants should not cost nearly a grand without a 1000% or so markup,” Seely-Katz reveals.

When vintage seller Vi Huynh first saw the High Sport pants, the “egregious price point” stopped her from what would have been an immediate purchase otherwise. Huynh keeps up with niche fashion discourse and believes that High Sport’s brand strategy relies on the appeal of “quiet luxury” rather than a truly superior material product. “They don’t need regular people buying their pants. They’re saying: we’re the Loro Piana of stretch pants,” she continues.

Despite the skepticism around price point and kickbacks, the appetite for High Sport dupes has not waned. Seely-Katz has been diligently researching mid-price-range dupes in response to the Magasin readership’s interest. For example, they say that Sézane’s new gingham pants (around $200) are just as worthy of wear as the originals. Huynh maintains that the High Sport look is easy to find at thrift stores due to the popularity of ponte pants during the 90s and 2000s. Her advice? Focus on material—while rayon, polyester, and spandex blends are common, the better quality ones feel thick to the touch and retain shape when stretched.

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However, High Sport diehards maintain that the dupes are incomparable to the original. Writer Jess Graves of The Love List reports that the material from Old Navy and Donni versions were “flimsy and thin,” a far cry from High Sport’s “thick Italian knit that holds you in.” Graves, who purchased the High Sports with her own money, wears the pants “so often the cost per wear is probably around a dollar at this point.”

High Sport Skeptics Have Entered the Chat

Ruffina wears a dupe of the High Sport pants;

Courtesy of Rufina

1712933763 874 High Sport Skeptics Have Entered the Chat

Vi Huynh wears a thrifted version of the High Sport pants;

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Courtesy of Vi Huynh

Unlike Instagram, Substack is still a relatively new space where the norms of affiliate marketing—and how consumers can expect to engage with it—are still taking shape. One can find a broad mix of fashion content, from personal essays and styling tips to shopping-driven posts heavy on affiliate links. Perhaps it is due to this broad spectrum of how and when writers participate in affiliate marketing that pinpointed skepticism towards High Sport pants in a way that may not have materialized on, say, Instagram.

Seely-Katz, who does use affiliate links on Human Repeller, emphasizes that they have built trust with their readers in terms of how they disclose commissions. “People who read my newsletter know that I emphatically don’t go out of my way to center affiliate links, many of my posts having none at all […] I am thoughtful about what products I endorse, no matter the price point,” they state. Graves echoes this sentiment. She views affiliate income as compensation for the work of content creation. In regards to her Substack, “my readers get that if I am publishing something without a paywall, affiliate links are a way to help me accrue some payment for that time spent. I don’t let it sway my editorial decisions though,” Graves notes. Rufina does not use affiliate links but acknowledges that with the instability of the media landscape, “It’s really tricky for me to say how writers should be making their money.” As a former advertising professional, her main concern was seeing High Sport purchase links posted without an affiliate disclaimer.

Ultimately, the story of High Sport reveals how Substack is becoming an increasingly robust ecosystem for launching status-y products that go viral within a subset of fashion consumers. Seely-Katz describes the phenomenon as a “self-fulfilling prophecy,” where people who buy such items are more likely to broadcast them in their publications, “creating an illusion that literally everyone is buying this stuff.”

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Optimizing Your Side Hustle | Flipboard

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Maximize your earning potential with these side hustle ideas and tips for extra income.

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24 Methods for Building Your Fortune Around the Clock

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A super rich man in a suit is holding coins in front of a clock.

We all have 24 hours in a day. While some try to work harder to earn more, others look for more innovative ways to earn more that don’t require their immediate attention. If you’re looking for a way to better manage your quality of life while improving your finances, these tips are for you. Reaching real financial success takes more than smarts; it’s a mindset shift and a method for approaching income in a specific way to identify those opportunities that will give you the most significant long-term benefits. Not every suggestion on this list will likely be a perfect fit for you, but you’ll surely get some great inspiration.

1. Go Big With Growth Stocks

Woman on mobile
Image Credit: Shutterstock.
I’m addicted to checking my E-Trade app every morning when the markets open. The rush of adrenaline I feel when my portfolio makes a considerable jump overnight is second to none. Many men and women go all-in on growth stocks, emphasizing tech companies like Amazon, Nvidia, and Alphabet. While it can be risky, the upside of these growth stocks can deliver monetary gains without you lifting a finger.

2. Be a Landlord

Man buying houseMan buying house
Image Credit: Shutterstock.
We’ve all felt we could be a better landlord than the ones that have lorded over us throughout our lives, haven’t we? Well, considerable passive income is available if you aspire to be the best landlord you can be. Owning commercial or residential real estate is a full-time job, but there’s nothing like the feeling of a monthly rent check being deposited into your account while you sleep.

3. Collect Ad Revenue

Man working with laptop affliate marketingMan working with laptop affliate marketing
Image Credit: Shutterstock.
If you have your own website (personal or otherwise), you’re leaving money on the table by not placing ads wherever possible. While millions of internet users install ad-blocking software on their web browsers, countless users (our parents, mostly) still subject themselves to endless streams of advertisements. Capitalize on that fact by monetizing your website and receiving much-deserved pennies on every click-through.

4. Invest Long-Term

Man investingMan investing
Image Credit: Shutterstock.
Although there’s nothing sexy or exciting about it, investing your hard-earned money into sensible mutual funds is one of the most efficient ways to earn passive income in 2024. Your diverse portfolio protects you against one individual stock tanking your nest egg while still giving you plenty of upside. Fortunately, investing in a mutual fund through most major banks’ smartphone apps is easier than ever.

5. Affiliate Marketing

Woman working at homeWoman working at home
Image Credit: Shutterstock.
Participating in affiliate marketing makes me feel a little icky, but I can’t deny it’s an excellent way to bring in passive income in 2024. Setting up a blog or YouTube channel is one of the tech-savviest ways to start affiliate marketing. You can also go the old-school route and get in the good graces of a multi-level marketing program. If you’re passionate about selling goods, there’s no reason why you shouldn’t get a little kickback from people who buy it using your link or recommendation.

6. Collect Royalties

Teen girl singing in bathroomTeen girl singing in bathroom
Image Credit: Shutterstock.
Sometimes, successful wealth building can result from something random, like recording a song in your bedroom that unexpectedly becomes a hit. If you’re musically inclined, releasing original music and uploading it to streaming services like Spotify is another solid option for accruing passive income that compounds while you sleep. However, artists quickly note that you won’t get rich overnight. A successful music career is much more than having a few million listens on Spotify.

7. Open a High-Yield Savings Account

Man depositing money in bankMan depositing money in bank
Image Credit: Shutterstock.
Although inflation is generally regarded as a net negative for society, no one denies that it’s a net positive for savings accounts. Opening a high-yield savings account is a savvy way to protect your investment while ensuring a healthy return with zero risk. While not all banks offer high-yield savings accounts, they offer one significant advantage over a traditional CD: You won’t be penalized for withdrawing money early.

8. Collect Subscription Fees

Businessman in hotel working in laptopBusinessman in hotel working in laptop
Image Credit: Shutterstock.
You’re in luck if you run a service for which people are willing to pay a recurring subscription fee. Subscription-based businesses are among the best ways to earn passive income because people are notoriously bad at canceling said subscriptions! Recent research reveals that 42% of people forget to cancel a service they never use.

9. Sell Something

Man using ebayMan using ebay
Image Credit: Shutterstock.
One of my favorite pastimes is finding something lying around my house I no longer want or need and putting it up for sale on eBay, Facebook Marketplace, or OfferUp. It’s the ultimate “set it and forget it” strategy. I often forget I have anything for sale and am shocked when I get offers for my unwanted items. Talk about a perfect passive income strategy.

10. Lend Money and Collect Interest

Man lending moneyMan lending money
Image Credit: Shutterstock.
Sometimes, the best way to build wealth while you sleep is by lending money to friends or family (while collecting a healthy amount of interest). There’s nothing wrong with doing things the old-fashioned way. The next time you get a phone call from a loved one asking for money, remember to include the most essential part of the transaction: interest.

11. Operate a Vending Machine

Self service drinks vending machineSelf service drinks vending machine
Image Credit: Shutterstock.
If you’re like me, you’ve lived your entire life without realizing the dream of vending machine ownership. Think about it: Passive income, unlimited snacks, and the pride of owning a small business. Don’t scoff. According to studies, vending machines can easily create more than $75 in weekly revenue.

12. Outsource Your Freelance Work

Man doing freelancingMan doing freelancing
Image Credit: Shutterstock.
Did you think all methods to earn passive income were legit? You’re wrong. Although I would never do this, many freelance writers outsource their assignments to writers who charge less than they do, ostensibly pocketing the difference. It’s a great way to thumb your nose at the institution of journalism while making excellent money (that’s sarcasm for those keeping track).

13. Rent Out Your Home

RentRent
Image Credit: Shutterstock.
Renting out your home (or individual rooms) is another excellent way to make passive income. Many people take advantage of Airbnb’s platform to earn a lot of money. In this scenario, not only can you make money while you sleep, but when you’re away on vacation, you can also make passive income while your houseguests sleep.

14. Rent Out Your Vehicle

Man driving carMan driving car
Image Credit: Shutterstock.
Refusing to rent your vehicle — especially a second vehicle — is a stubborn way of saying, “I don’t want to make passive income in 2024.” Services like Turo aren’t fly-by-night companies; they’re legitimate platforms that protect you and your vehicle and give you the peace of mind needed to lend your car to strangers. Unless you need a daily driver, you’re leaving money on the table by not letting other drivers use your vehicle.

15. Create an Online Course

Woman with laptop creating courseWoman with laptop creating course
Image Credit: Shutterstock.
People are always looking to better themselves, so if you have something you want to teach the world, don’t be afraid to monetize it. Creating an online course on nearly any topic is a perfect way to make something lasting that continues to bring in money (if what you have to teach is valuable). Doing so benefits you and the endless number of men and women wanting to learn.

16. Write a Self-Published Book

Woman writing book in laptopWoman writing book in laptop
Image Credit: Shutterstock.
Authors rejoice: Self-publishing is one of the most effortless ways to earn passive income in 2024. Platforms like Amazon have user-friendly self-publishing options, and your book (whether virtual or physical) will live in their store forever. Every time a customer purchases your book, you reap the benefits.

17. Sell Stock Photos or Videos

Woman selling stock photosWoman selling stock photos
Image Credit: Shutterstock.
Anyone with an eye for photography should embrace the opportunity to sell stock photos and videos for websites that host them. It seems every good picture needs to be licensed these days, right? Thankfully, money can be made by selling your photos and videos as stock photos. Even bland B-roll traffic footage can bring in a nice chunk of change.

18. Roll the Dice With Cryptocurrency

Man with crypto coinsMan with crypto coins
Image Credit: Shutterstock.
I’m terrified of the volatility of cryptocurrency. That doesn’t mean you have to share my fear, however. Investing in cryptocurrency may be the riskiest way to make passive income while you sleep, but it arguably has the most upsides. Nobody really knows what causes the ebbs and flows of crypto coins, and waking up one day to see a massive return on your investment is a happy thought.

19. Become an Influencer

Influencer womanInfluencer woman
Image Credit: Shutterstock.
If you don’t mind being looked at as a vapid, irresponsible individual, being a social media influencer is another excellent example of how lucrative passive income can be. As an influencer, you can help shape the next generation of men and women to do the least amount of work as humanly possible while still making an impressive amount of money. (In a way, it’s the new American dream.)

20. Rent Out Your Pool

Super SoakerSuper Soaker
Image Credit: Shutterstock.
Some smartphone apps allow you to rent your backyard pool, similar to Airbnb. Although I’m not in love with total strangers using my beloved pool for their leisure, I favor making money off that amenity. I can’t believe the things people will pay money for in 2024.

21. Become a Content Creator

Content creatorContent creator
Image Credit: Shutterstock.
While being a content creator is easier said than done if you’re an attractive person with a knack for salesmanship, you can do much worse than being in front of a YouTube webcam all day. Whether you’re a game streamer or a lifestyle guru, content creation is the ultimate passive side hustle. After all, the more viewers who watch your videos, the more money you make (even while sleeping).

22. Open a Certificate of Deposit

Certificate of DepositCertificate of Deposit
Image Credit: Shutterstock.
As my father says, opening a CD is one of the best ways to make passive income. If you know you won’t need your money for a set period (anywhere from a few months to a few years), opening a Certificate of Deposit with a local bank can yield impressive results. Thanks to higher interest rates in 2024, many CDs earn over 5% over time, which is a fantastic return on your investment.

23. Rent Out Your Parking Space

House with parking spaceHouse with parking space
Image Credit: Shutterstock.
If you pay for a monthly parking spot in a city or town and don’t use it as much as you thought you would, then consider renting it out to other drivers. Companies like SpotHero operate like the Airbnb of parking spaces. Users pay to use your valuable parking spot. Somebody else should pay you for the privilege if you’re not using it.

24. Chase Dividends

Couple discussingCouple discussing
Image Credit: Shutterstock.
Although chasing stratospheric highs in the stock market is alluring, many savvy investors prefer quietly chasing dividends in the form of well-performing legacy stocks. By purchasing stock shares from companies like Exxon Mobile and Verizon Communications, you can ensure a healthy dose of quarterly dividends being deposited into your account. While these dividends are paid out in relatively small amounts, they will add up over time, making them one of the easiest routes toward a dependable passive income.

Complete Guide to Contacting Recruiters on LinkedIn

24 Methods for Building Your Fortune Around the Clock.webp24 Methods for Building Your Fortune Around the Clock.webp
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With hundreds of millions of users worldwide, LinkedIn is a vast network with potential professional connections, making it an invaluable resource for job seekers and companies. However, crafting a compelling message can sometimes feel daunting, especially if you have little experience. In this article, we’ll explore the art of messaging recruiters on LinkedIn, providing you with expert tips and strategies to maximize your impact and increase your chances of getting hired.

The 41 Biggest Wastes of Money

1712775376 970 24 Methods for Building Your Fortune Around the Clock1712775376 970 24 Methods for Building Your Fortune Around the Clock
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If you’re looking for ways to earn more money to put toward your goals, start by examining your spending habits. By tracking your spending and seeing where every dollar goes, you’ll likely find several instances of spending money you don’t have to. It could be little things that add up or recurring monthly expenses that are an utter waste of money. Once you eliminate your bad spending habits, that money can go toward your emergency fund, paying off debt, or other essential things. Here are the 41 biggest wastes of money to look out for.

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