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Tired Of Being Broke? See How To Earn Passive Income In Nigeria - Business (2) - Nairaland

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How can I stop being broke in 2020? / 6 Sure Ways To Earn Passive Income In Nigeria - Nigerianonlinebusiness / Tired Of Being Broke? See An Opportunity Many Nigerians Have Overlooked (2) (3) (4)

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Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by rottennaija(m): 9:01pm On Jul 19, 2018
loverboys:
In today’s economy, having a passive income seems to becoming more of a necessity than something of convenience. Passive income is money that you earn without doing much to make it. Some passive income ideas take a degree of upfront work to earn, like writing an e-book and some don’t take any effort at all.

Passive income, on the other hand, is the income you earn from providing value to people through automated systems that need no interference from your end; once you have invested some effort in putting them in place.

With a passive income earner, you will continue to make money even when you are sleeping or on vacation. Your active participation isn’t involved. Passive income comes in the form of dividend, bonus, capital appreciation, rental income, royalties, etc.

So in this article, I will be revealing five profitable passive income ideas that you can start right now. But before I go to that, I would like to remind you that earning passive income takes a good amount of time, effort and even money.

And the rewards don’t come overnight. Anyone who is now making 6 – 7 figures annually from passive income streams started out small and then started to grow that residual income over time. Without wasting time, below are the five profitable passive income ideas I have for you.

1. Blogging

If you have some knowledge, skill, or interest that you would like to share with others, then consider starting a blog. As a blog owner, it is important you publish quality, unique, and relevant information consistently. This will help you build a large audience of loyal readers over time.

When you start generating huge traffic on a consistent basis, you can monetize your blog with contextual ads and by selling ad space. This will continue to fetch you profits in the short and long term.

2.Affiliate Marketing

Sometimes bloggers and website creators concentrate their efforts on promoting certain products where they get a percentage of the cut if a product or service gets sold. This can be done either on your blog or through the use of a niche site. There are dozens of affiliate market places out there (Google AdSense, Amazon Affiliates, Commission Junction, Flex Offers, Click Bank, etc.) and they allow you pick from thousands of different products in your particular niche. Of all the passive income ideas, this idea is truly “passive” because as people click on your ads money drops into your account, you don’t have to do anything at all. I will show few lucky people my exact affiliate marketing secret here.

3. Free-Lance Writing

If you really like writing blog posts, or just like writing in general about certain topics, you could always sell your services to people who need some good content for their sites. Sometimes offering to write for bigger blogs and publications can help build up your reputation which will then help you command better and better rates. If you are a good writer, you can make huge profits in the form of residual income by publishing resourceful articles on shared revenue sites such as Squidoo and Hub pages. Your article will be monetized with contextual links, and you can include your affiliate links, too. Each time a reader clicks on the contextual ads or buys a product through your affiliate links, you will make money. And this can continue for a very long time. you can check here to see my complete guide about Fiverr and freelancing

4. Rental business

Rental business is one of those businesses that work very well in Nigeria; it is a great source of passive income. You can start a rental business.

Rental business is most suited for workers and employees, people who have little time to commit to their business. It is very easy to keep track of your income without worrying about anyone stealing from you, plus you have enough time to do other stuff while your business grows. Read this full article on how to start rental business in Nigeria.

5. Network marketing

Going by the very definition of passive income, network marketing is a classic example. This is because you build your network once and that network works for you, generating money for you even when you do practically nothing.

The major problem with network marketing in Nigeria is the way many people go about implementing it. Most people focus on introducing more people to a network without properly training their downlines or providing them any support. The result is that only the experienced people at the top of the network make money while the others feel their way in the dark, wondering which step to take.


Conclusion

Yes, you can make money while you sleep. These passive income business ideas are all very effective and lucrative. You would need to spend some time, effort and resources creating your residual income streams, however. Once you have your system set up, you’d be amazed at how your finances would change.


Source: See For More Super Tips

Did not include forex? Is a good source of passive income
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by ednut1(m): 9:04pm On Jul 19, 2018
Yet u sell ebook for 2k
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Amazonboss(f): 9:13pm On Jul 19, 2018
AfuyeColony:
Please who in this forum know about aim global? Is Aim Global real?

Aim global is real but brotherly you will sell and sell and look for people.

Why not invest in real estates (free hand) investment.

With as low as 25k you can begin.

All you need to do is to invest and you're paid commission for a duration of 100-140days. Safe and sound

#winthrills network. If you want to know more hit my mail via profile.

KINDLY NOTE: it's not a referral thing,we don't beg, 8yrs in business and counting. I'm a proud affiliate.

1 Like 1 Share

Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Teejay13(m): 9:19pm On Jul 19, 2018
's a goal...... What a wonderful price slash
From 40,000 to 30,000.

It's our Awuf brekete season promo slash. Clean Hp ProBook. 14" laptop

Your not lost, you can still be the lucky owner of this PC

Just call 07038517455.

Good day[/quote
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by BlindAngel: 9:30pm On Jul 19, 2018
havillaplus:
Look like a sponsored post to me


Definitely it is, one of the mod is a fraud, helping this guy to push all this garbage to the front page every time
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by phase1: 9:30pm On Jul 19, 2018
MANNABBQGRILLS:

More of the reason you may not progress in life.
Talking to people that can change your life in one hour anyhow.
That is how favour and blessings will always run away from you and our likes in life.
Your life will be a little better if you learn to mind your business in life.
You hate who is far more better than you in life afterall....so not suprised.
Learn to make extra cash online and live a better life for yourself and family.
The guy was actually right. You jobless no be small.

2 Likes

Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by ShinyJay22(m): 9:32pm On Jul 19, 2018
Trendy247:
Crypto trading is the easiest way to make it in naija right now, but no one will talk about it here
Feeling you bruv but the ish with crypto right now is the bearish run of the crypto market... I'm equally a crypto aficionado myself.
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by MANNABBQGRILLS: 9:34pm On Jul 19, 2018
phase1:

The guy was actually right
Share what you quote with him too.
Agbero

1 Like 1 Share

Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by zinaunreal(m): 9:36pm On Jul 19, 2018
Same ol rubbish
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Delivar(m): 9:36pm On Jul 19, 2018
Trendy247:
Crypto trading is the easiest way to make it in naija right now, but no one will talk about it here
So how much you don make?
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by gracefoundmme(m): 9:44pm On Jul 19, 2018
Exactly... same old news... Nice sha
Abeg guys help me buy iPhone 6s 128gb 09027234716... thanks
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Trendy247: 9:45pm On Jul 19, 2018
Delivar:

So how much you don make?
Enough to take care of all my needs
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Trendy247: 9:53pm On Jul 19, 2018
ShinyJay22:
Feeling you bruv but the ish with crypto right now is the bearish run of the crypto market... I'm equally a crypto aficionado myself.
You're right bro.. But that only affected me wen I started trading newly. Right nw there are a lot of things I consider b4 going in2 any coin. I only trade on bit-z, and I mek an average of 0.5eth daily
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Chikebranny123(m): 10:07pm On Jul 19, 2018
MANNABBQGRILLS:
Hoping the youths can learn something from this......
Everywhere you go

My chairperson
Does MTN work for u
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by prince049(m): 10:16pm On Jul 19, 2018
Amazonboss:


Aim global is real but brotherly you will sell and sell and look for people.

Why not invest in real estates (free hand) investment.

With as low as 25k you can begin.

All you need to do is to invest and you're paid commission for a duration of 100-140days. Safe and sound

#winthrills network. If you want to know more hit my mail via profile.

KINDLY NOTE: it's not a referral thing,we don't beg, 8yrs in business and counting. I'm a proud affiliate.
With as low as 25k how much Roi am I going to recievw in 100 days?
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by prince049(m): 10:19pm On Jul 19, 2018
Trendy247:

You're right bro.. But that only affected me wen I started trading newly. Right nw there are a lot of things I consider b4 going in2 any coin. I only trade on bit-z, and I mek an average of 0.5eth daily
Hi I'm looking forward to enter the crypto stuff avec help me with guidelines and how to make 0.5eth daily.
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by MANNABBQGRILLS: 10:25pm On Jul 19, 2018
Chikebranny123:

Everywhere you go

My chairperson
Does MTN work for u
We do all networks.

2 Likes 1 Share

Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by prince049(m): 10:26pm On Jul 19, 2018
Trendy247:

You're right bro.. But that only affected me wen I started trading newly. Right nw there are a lot of things I consider b4 going in2 any coin. I only trade on bit-z, and I mek an average of 0.5eth daily
Looking forward to hear from you
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Trendy247: 10:43pm On Jul 19, 2018
prince049:

Hi I'm looking forward to enter the crypto stuff avec help me with guidelines and how to make 0.5eth daily.
Sorry sir, I didn't say I was gonna write about it, no one taught me how to trade crypto. There are a lot of tutorials online even on YouTube dat u can learn 4rm.
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by prince049(m): 10:48pm On Jul 19, 2018
Trendy247:

Sorry sir, I didn't say I was gonna write about it, no one taught me how to trade crypto. There are a lot of tutorials online even on YouTube dat u can learn 4rm.
Man of few words. Thanks. Can I ask a question?
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Revolva(m): 10:49pm On Jul 19, 2018
well check my signature ad see how to make money via blogging....
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Olayinka8793(m): 10:53pm On Jul 19, 2018
@ OP, I have got talent in writing on a wide range of subjects especially sports and politics, how do I go about using such talent to earn passive income as l am so ignorant of what Fiver is or how it works?
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Kingpinukecy(m): 11:05pm On Jul 19, 2018
I believe u bro...all ur points gbam wellA
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by ShinyJay22(m): 11:11pm On Jul 19, 2018
Trendy247:

You're right bro.. But that only affected me wen I started trading newly. Right nw there are a lot of things I consider b4 going in2 any coin. I only trade on bit-z, and I mek an average of 0.5eth daily
Meaning you're hitting close to 14-15.5 eth per month Hmmmmmmmmmmm...I wan learn o
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by spartan50(m): 11:37pm On Jul 19, 2018
MANNABBQGRILLS:
Hoping the youths can learn something from this......
What did you learn from it?
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by ChocolateBunny: 11:39pm On Jul 19, 2018
Trendy247:
Crypto trading is the easiest way to make it in naija right now, but no one will talk about it here
pls I want you to help me I'm interested but don't know much about it pls teach me,thanks
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by emilfischer(m): 11:57pm On Jul 19, 2018
OP you try
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by lizolex8: 12:14am On Jul 20, 2018
I will appreciate if you can put me through
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Trendy247: 5:26am On Jul 20, 2018
ShinyJay22:
Meaning you're hitting close to 14-15.5 eth per month Hmmmmmmmmmmm...I wan learn o
Lol.. Lemme nt exaggerate. I meant to say everyday I trade. There are days the market doesn't look good, so in dat case I won't trade to avoid loss.
And yes! You can make that much if u startup with a large capital, say 4eth
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by deebrownneymar: 5:32am On Jul 20, 2018
You're still hustling with your cheap books that really don't teach nothing
Re: Tired Of Being Broke? See How To Earn Passive Income In Nigeria by Trendy247: 5:37am On Jul 20, 2018
Please for those sending me pm.. Crypto trading is not free like the ones OP posted o. If u must make it fast in crypto trading, I advise u startup with atleast 1ETH (162k)..
It doesn't mean u can't startup with any amount, but the higher ur capital, the higher ur gain.

I started with Airdrop (free tokens). Sold wat I got from Airdrop n used that money to start trading.

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