Make Money Online

5 Easy Passive Income Ideas You Can Start In 30 Days Or Less

Can you imagine a life where you no longer depend on a single source of income, where you're not stuck in a 9 to 5? Instead, you have a money machine that pays you again and again and generates consistent revenue. And the best part is you only need to do the work once and then you get paid for months and years to come. Hey, welcome back to The Channel. Today we talk about five passive income streams that you can create for yourself in 30 days or less, and that can pay you for a long time from now on. And the best part is some of them require zero investment. So stay tuned. All right. So the first one that I want to talk about are crypto bots. And this is an investment strategy and a passive income strategy that my husband and I have been using that our business partner has been using, many of our friends and family have been using. And I want to create the distinction before I go into the details that crypto bots have nothing to do with crypto mining. What crypto bots are is essentially you being able to leverage a technology, let's call it an algorithm, because that's what it is that allows you to play on the crypto coin volatility. So if you are even a little bit familiar with the crypto space, then you know that the price, the value of coins varies a lot. You never know when you go into crypto whether you're going to win or lose because the price varies so much. There are many platforms that allow this and if you're interested, let me know in the comments below and I can come back and talk a lot more about this topic. So what this technology does, you go on one of these platforms and you will create a coin pair. So basically you will invest a coin that you already have and you will pair it with another one. And based on that pair, the algorithm will buy low, sell high, sometimes hundreds of times in a day, and then you will make profit based on that volatility. So this allows people to make 5 to 15% per month and sometimes even more depending on the risk profile you have and depending on how much you're feeling comfortable to lose at the end of the day. So I've seen people making 60%, 70%, 100% in a year on their investment and the cool part about this is that you don't have a minimum investment required. Of course, the more you can invest, the larger the profit probability, but not necessarily so you can start even with $100 if you have it. And I promise you, if you learn how to do that the right way and there are trainings out there that will teach you how to do that, then you will be able to truly take advantage of this option as well. The second one that I want to mention today is starting a YouTube channel, and that is because looking at myself, I see that every single video that I put out becomes almost as an asset because it generates income over time for long periods of time. I have videos that get views today, even two years after I posted them. So there is a lot of potential in generating passive income with a YouTube channel. Now obviously you do need to put in the effort of creating video after video, but if that's something that you enjoy doing and if it's something that allows you to harness your creativity or if you have ideas for viral videos, then absolutely consider starting a YouTube channel. Now, obviously, monetization might take slightly longer than 30 days, but it's not impossible. And I've seen it with many channels that get monetized in 30 days or less. And what you need in order to get monetized is to have a minimum of 1000 subscribers and to get a minimum of 4000 watch hours. And once you hit these milestones, you will become a YouTube partner and YouTube will pay you for every thousand views that your videos get, because this way they get an opportunity to show ads on your videos. So this is called your R.P.M. and you will get paid depending on the niche you're part of. So take my channel for example. A regular video for me will make somewhere between six, seven, probably $8 per thousand views. If I'm lucky, there are the odd videos that will make ten, maybe $11 per thousand views. But in general, for me and for the audience that tends to watch my videos and in this niche of career and making money online, this is, let's say, the average R.P.M., but there are niches that get paid a lot less and niches that get paid significantly more. As I've seen in the beauty space and the vlogging space, you might get paid a little bit less, maybe three, four, $5 per thousand views. And then if you are more in the finance niche or in the crypto niche, then you can easily make 15, maybe sometimes $20 per thousand beats. While this might not sound like a lot of money, once your videos start getting traction and you're starting to get ten, 20, 30,000 views for a single video, and then you create so many videos that they start getting compounded. So you will then start cashing in tens, hundreds or sometimes thousands of dollars every single month for all those videos that you put out. So consider this as well. Okay. So before we move to the next three, which are all examples of passive income streams you can create with zero investment, I want to clarify something that I think is very important for the other two. You need some investment, but not a whole lot. So obviously for the crypto bots you do need some money because that's the only way you can create the coin pairs. But for starting a YouTube channel, you don't need to rush into making a lot of investment and spending a ton of money. And I hear this a lot. People tell me, Oh, I'm really postponing starting a YouTube channel because I don't feel comfortable investing in a new camera or in a new set of equipment and lights and microphone or hiring a video editor or hiring other people. Well, you don't need to do that. That's the truth. You can start by yourself. You can see if that's for you or not. Because many times I see people investing in camera and a bunch of gear, and then after creating ten videos, they realize that's not for them. Start with what you have. Start with your webcam. If that's the only one you have, or maybe buy a webcam that is a little bit better than the one that's integrated in your computer. If you use a laptop, which I think everybody does nowadays and then see how that works. Now let's move to the idea number three that I want to share with you today, and that is creating and selling digital products or templates on platform like Etsy. And if you've been on my channel before, you've heard me talk about Etsy. I love them both to buy and to sell. I've been using them for a long time and I can tell you hand on my heart, that is one of the easiest ways you can make money. And I've actually done that as a project. I actually am an avid motion user, so I wanted to create a test and I started selling a notion template that I use for myself and I simply took that uploaded to Etsy and I've made sales without literally doing anything. And I know that if I ever want to make that into

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