28 Best Passive Income Ideas To Earn $1k+ A Month in Daegu-South Korea

Published Jun 20, 21
4 min read

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What would you do with an extra $1,000, $5,000, or even $10,000 per month? And what if you could bring in that type of income every single month. Using the knowledge and skills you already have? It might seem far fetched, but it’s not. In fact, thousands of people are doing that right now. make money online.

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In fact, here’s a list of 67 work from home jobs, most of which are online jobs. But at some point, you want to get picky. You don’t want to spend hours upon hours every week taking surveys or doing customer service. In this post I’m going to focus on things that just about anyone can start.

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And that are the most likely to create a residual, or passive, monthly income over time. So, with that in mind, here’s my list of ten proven ways to turn what you already know into a 5-figure monthly income stream, with real-life examples included. Teach People What You Know I bet you know things.

Music, programming, sales, or yoga (make money online). These are skills that people are constantly searching to learn online. You don’t have to have an advanced degree or decades of experience. But you do have to have some knowledge and the ability to share it in such a way that other can learn from you.

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Her courses cost only about $30 each. That may not seem like much, but if you have enough customers, it can really pay off. And it does. Shayna recently shared in an interview that Espresso English is at the point where she will earn $10,000 per month, almost every single month.

And if you’re asking, ‘what is Amazon FBA?’ FBA stands for Fulfillment By Amazon, and here’s how it works: You ship Amazon your products and set your price. Then they post it online, sell it for you, and ship it to your customer (how to make 20k a month). You get paid, minus the 30% they take for all that heavy lifting.

You don’t even have to touch a product to sell it. It sounds fairly simple – and the concept is – but there is a learning curve and it’s important that you work with products that you already have a good bit of knowledge and experience with. Here’s a list of pro-seller tips, as well as the link to the Amazon FBA page.

The more distinct your topic is, the more opportunity you have to make an impact. You’ll need some equipment, but not much. More importantly, you’ll need persistence. It takes a while to build a massive audience. And that’s where the money is. Advertisers pay you to run ad spots on your show, or you can make money with listener contributions via Patreon.

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Whether you have something to say, a story to tell, or a subject to teach, you may want to consider writing books. Before you object, just keep in mind that they don’t have to be a certain length or style, and you don’t have to be the #1 expert in the world.

Very valuable. And there are several ways to create that value. You can curate news and articles on a specific topic. Send out tips on investing or managing money. Or you can even read books and email your subscribers interesting facts along with a synopsis. Where does the money come in? Well, if you get enough subscribers, you can get a sponsor or advertiser.

Farnam Street does the former with 400,000+ subscribers, while James Altucher does the latter for $49/year. Play With Toys There are companies that will pay you to review their toys. How cool is that? Not into toys? No worries, it doesn’t have to just be toys. You can review just about anything.

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Check for safety and practicality. Not to mention the cool stuff you’ll get to see and play with, all in the name of business. This father and son team are making a cool $1 million per year with their You, Tube channel reviewing toys. Yes, you can stop reading and go start your You, Tube channel now, I won’t be offended… .

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But it’s not quite working out as you had planned. The question you need to answer is:How do you get your dream on-track, and still be able to take care of your loved ones, without returning to the modern-day slavery of the corporate environment? We’re here to help. Cash flow – the root of business success (and failure)Cash flow is crucial.

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