Perhaps the most popular way to earn a passive income is to start your own blog. The setup takes only a few minutes and is cheap to start. Just buy your domain name and pay for hosting.
After that, start creating amazing content that people want to read or share. For example, if you are an accountant who helped small business owners with their taxes, this could be your blog. I personally have my invoice blog so customers know everything they need to know about invoicing. This attracts thousands of registrations every month.
Make sure the topics you write about are popular. If you still love your Pet Rock, I doubt that enough people will visit your website to monetize it. But you never know.
Once you've accomplished the following, you can start making money from your blog by:
Earn commissions as a partner. Here you can publish other people's products or services on your website. Make sure these products or services are relevant to your blog. For example, this accounting blog could become a partner for accounting or billing software. Once you find a partner, you will receive a unique code so that you earn your commission when a visitor clicks this link on your website.
Sell advertising. If your website has the traffic to become a partner, it may also be good enough for advertisers to buy ads on your website. You can start small, for example, less than $ 20 per ad. However, you may be able to calculate three-digit numbers. Again, your website has to be quality.
Find sponsors. This is slightly different from selling ads on your website. Sponsorships can be one-off sponsored content or permanent logos embedded in your footer.