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Passive Income ideas to Give you free Money in 2024

Let’s talk reality here about Passive Income Ideas. Most of the motivational speakers have lost trust from their followers because they seem to show you that everything is possible even with bear hands. One was quoted saying, “I started my rice scheme with only one single rice, now i have 10 acres of rice”!!! Well that’s not true and it can’t be possible i know you know that.

So if you are looking to start a side hustle for some extra money in 2024, here are some internet-based home business ideas to get you going. However, you are not going to start with one single rice as most motivational speakers say out there, or with your bare hands, No. These are genuine steps that will indeed generate passive income for you and you can make lots of money if you do it better.

The fact remains, nothing comes for free. You need to invest in your time, knowledge and even some money to keep things running for you. So without wasting your time, check-out these simple home businesses ideas to get you motivated.

Passive Income Ideas to Make Money and Build Wealth

1. Build a website and landing page

Creating and owning a website or business website is not new, but most people overlook that these types of businesses have no real deal. To achieve your goal in making passive income, you don’t have to be with a fancy office or employees. Your desk or kitchen table and a strong internet connection are all that is needed.

Acquire a websites that captures customer’s attention when they click on your website.

You can use your site for various purposes that may include; blogging, running ads and many nore that you can get all here.

USES OF A WEBSITE

2. Make use of your social media accounts with video.

Social media platforms likeYouTube, Instagram and TikTok have proven to be a well paying monetary site that pay creators to create video content through Reels and Shorts. All you need as a creator is to have better content and make great videos. In your videos, you can teach your follwers as an affiliate marketer teaching people about a given product or make advertisements and sell products. All you need is to make simple definitive videos that will not bore your followers.

You can hire video editors also to make for you some videos if you don’t have the tools and gadgets. CLICK HERE TO WATCH VIDEOS

3. Sell e-Books and online courses

You can write books and publish them for sale on your website. Show your talent and professionalism by explaining and teahing people what you do best. Are you a cook/ chef, or hostory teller? Take this opportunity to write down your story or lessons and let people buy them online. And by the way.. you can contact us here and we do allbthe design work that you may need. CONTACT NOW.

Knowledge or a skill that can be taught to others through e-Books that can capture the audience’s attention and people can purchase online can be anything from selling luxury homes to baking a cake or pie. Produce multiple e-books and publish them on your website.

4. The power of Social Media like Facebook and Instagram

Why not create businesss with Instagram and Facebook because this is where most people’s attention is lying on. Open up a Facebook account a d start posting regularly things that will attract more followers. Share posts like local news from your local area, news about local events, the gossip that is going on around town and many more.

When you get more followers and subscribers, you can now start charging local businesses to post on your page and advertise for them. Gathering enough followers may take time. The key here is to post something that will make someone to stop and scroll to view your posts.

5. E-Commerce

Ecommerce or “electronic commerce” is the trading of goods and services on the internet. An estimated 2.14 billion people worldwide buy goods and services online, and the number is increasing everyday.

An ecommerce website is your digital storefront on the internet. It facilitates the transaction between a buyer and seller. It is the virtual space where you showcase products, and online customers make selections. Your website acts as the product shelves, sales staff, and cash register of your online business channel.

So if you have a business already or planning to have one, you need a website right away.

GET A WEBSITE FOR YOUR BUSINESS HERE.

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