New passive income ideas

Here are some new passive income ideas you may not have considered:

  1. Create and sell an online course: Share your knowledge and skills by creating an online course on platforms like Udemy, Teachable, or Skillshare.
  2. Affiliate marketing with YouTube: Promote products or services on your YouTube channel and earn a commission for each sale made through your unique referral link.
  3. Rent out a spare room on Airbnb: If you have an extra room in your home, consider renting it out on Airbnb to generate passive income.
  4. Sell stock photos: If you have a good camera and an eye for photography, sell your photos on stock photo websites like Shutterstock or iStock.
  5. Create a mobile app or game: Develop a mobile app or game that generates revenue through in-app purchases or advertising.
  6. Invest in a peer-to-peer lending platform: Platforms like Lending Club and Prosper allow you to lend money to individuals or small businesses, earning interest on your investment.
  7. Sell an ebook or audiobook: Write and publish an ebook or audiobook on platforms like Amazon Kindle Direct Publishing or Audible.
  8. Create a subscription-based newsletter or podcast: Offer exclusive content to subscribers and earn recurring revenue.
  9. Invest in a real estate investment trust (REIT): REITs allow you to invest in real estate without directly managing properties, providing a passive income stream.
  10. Sell a print-on-demand product: Design and sell print-on-demand products, such as t-shirts, mugs, or phone cases, using platforms like Redbubble or Teespring.
  11. Create a dropshipping store: Partner with a supplier to sell their products without holding any inventory, earning a commission on each sale.
  12. Invest in a dividend-paying stock: Invest in established companies that pay dividends to shareholders, providing a regular income stream.
  13. Sell a plugin or template: Create a plugin or template for popular software or platforms, such as WordPress or Adobe Creative Cloud, and sell it on marketplaces like Envato.
  14. Create a membership site: Offer exclusive content, resources, or services to members who pay a recurring fee.
  15. Invest in a robo-advisor: Platforms like Betterment or Wealthfront offer automated investment management, allowing you to earn passive income through dividends and interest.
  16. Sell a course or coaching service: Offer one-on-one coaching or group coaching services, and create a course to sell to clients.
  17. Create a podcast with sponsorships: Monetize your podcast through sponsorships, ads, or affiliate marketing.
  18. Invest in a crowdfunding platform: Platforms like Kickstarter or Indiegogo allow you to invest in projects or businesses, earning a return on your investment.
  19. Sell a print book: Write and publish a print book, and sell it on platforms like Amazon or Barnes & Noble.
  20. Create a subscription-based software or tool: Develop a software or tool that solves a problem, and offer a subscription-based model for users.

Remember, passive income often requires an initial investment of time or money, but it can provide a steady stream of income over time.