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

Yet u sell ebook for 2k

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.

'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

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

post=69532735:

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.

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.

phase1:

The guy was actually right

Share what you quote with him too.
Agbero

Same ol rubbish

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?

Exactly... same old news... Nice sha
Abeg guys help me buy iPhone 6s 128gb 09027234716... thanks

Delivar:

So how much you don make?

Enough to take care of all my needs

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

post=69531837:
Hoping the youths can learn something from this......

Everywhere you go

My chairperson
Does MTN work for u

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?

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.

Chikebranny123:

Everywhere you go

My chairperson
Does MTN work for u

We do all networks.

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

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.

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?

well check my signature ad see how to make money via blogging....

@ 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?

I believe u bro...all ur points gbam wellA

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

post=69531837:
Hoping the youths can learn something from this......

What did you learn from it?

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

OP you try

I will appreciate if you can put me through

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

You're still hustling with your cheap books that really don't teach nothing