The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
The Kickass Entrepreneur
Subscribe
The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
  • Financial and Investment Calculators and Economic Data

Profitable Ways to Generate Passive Income in Your Spare Time

  • April 21, 2022
  • 1.4K views
  • 4 minute read
  • Rene
a man with a headset using a computer
Share
Tweet
Share

With cost-of-living perpetually on the rise in the U.S., it’s become increasingly difficult for many of us to get by without a side hustle. However, given how much time and effort we pour into our regular jobs, finding the energy to tackle a second job in earnest can be an uphill battle. That being the case, any side hustle you choose should involve passive income generation. Fortunately, when it comes to passive income, there’s no shortage of options for you to pursue. 

Market Your Creativity 

If you have any creative talents that could be put to profitable use, you may be able to earn extra cash doing what you love. For example, if you have a knack for creating art, look for job listings for freelance artists and illustrators. Alternatively, if you’re adept at coding and/or programming, keep an eye out for freelance gigs that incorporate those skills.

Regardless of where your creative interests lie, you should have no problem finding job boards for people with your skills. However, before accepting any freelance jobs, confirm that doing so doesn’t violate any employment contracts you’re currently bound by.  

Take Online Surveys

Probably you heard about online surveys already. While they sound like a traditional way of earning free money, the truth is that they still work!

Taking online surveys has been a popular earning method for years. Survey selection is expanding as time passes and now you can choose from many exciting topics to give your opinion. All you need to do is pick the survey provider and start earning quickly.

Self-Publishing 

In decades past, self-publishing was largely (and unfairly) regarded as something of a joke. The general consensus at the time was that if a book, graphic novel or anything else involving the printed word didn’t attract the attention of a major publisher, it must not be worth reading. Fortunately, recent years have seen an increasing number of readers abandoning that mistaken impression.

Because of how easy self-publishing has become in the digital age, authors are able to bypass the stress and uncertainty synonymous with traditional publishing and sell their books directly to their audience. As an added bonus, they’re able to keep a much larger percentage of the profits.

Furthermore, with self-published authors able to sell their work through sites like Amazon, the line between professional publishing and self-publishing is growing ever thinner.

Budding scribes who are looking to grow their audience and make some money in the process should consider self-publishing their work. The more you write, the more passive income you stand to generate through book sales. Just remember – every book you add to your bibliography represents another source of passive income. 

Advertise on Your Vehicle

If you do a fair amount of driving, you may be able to make money by simply going about your daily routine. If any local businesses are offering drivers the opportunity to use their vehicles as mobile ad space, you should consider taking them up on it.

Be advised, however, that some solicitations that purport to offer such opportunities are simply out to scam drivers. So, as a general rule of thumb, walk away from any businesses that expect you to pay for the decals or any other necessary supplies.

When interviewing for these gigs, be prepared to answer a lot of questions about your driving habits. Furthermore, be aware that your behavior on the road is likely to reflect on any businesses that have purchased ad space on your vehicle. So, if your conduct behind the wheel is less-than-admirable, don’t be surprised if you find yourself fired.   

Investing in Rental Properties

When weighing the benefits of passive income vs. earned income, you can’t afford to overlook rental properties – one of the most profitable forms of passive income. Just a single rental property in a desirable area can rake in a small fortune in passive income each month.

Still, given how much capital is at stake with such an investment, make a point of seeking out properties in desirable locations and subjecting any properties you’re thinking about purchasing to thorough home inspections. 

a lady does her work in the office table

Whenever someone is unable to make ends meet through working one job, people often suggest that they find a second one. However, for a wide variety of reasons, this is typically easier said than done.

Considering how draining the average full-time job can be on one’s energy and mental health, complementing these struggles with a second job simply isn’t feasible for most members of the workforce. So, if your existing job leaves something to be desired in the income department, the passive income options discussed above may help ease some of your burdens.

____________________________________________________

Some other articles you might find of interest:

Understand how you can maximize your time to grow your business:

Time Is Money And Your Most Valuable Resource. Use it Wisely to Build Your Business

Looking for effective ways to drive and increase traffic to your startup website?

SEO Traffic Guide To Boost Your Blog Rankings

Looking for effective ways to drive and increase traffic to your startup website?

3 Top Reasons Why Startups Fail and How Not to Become a Victim

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

Related Posts:

  • The 19 Best Ways to Generate Passive Income in 2021
  • 6 Ways to Make Passive Income With Cryptocurrency
  • Becoming a Landlord as a Way of Earning Passive Income
  • Best Passive Income Strategies: Let the Money Work For You
  • Building Wealth Through Passive Income and Business Ownership
  • Create Wealth and Achieve Financial Independence by Creating Multiple…
Share
Tweet
Share
Rene

Previous Article
man using his mobile phone
  • Create Wealth (Investing)

The Top 10 Best Online Stock Brokers for Beginners

  • April 21, 2022
  • Frances
View Post
Next Article
a lady with a laptop smiling and thinking
  • All Blogs

7 Ways to Get Your Green Card as an Entrepreneur

  • April 21, 2022
  • Rene
View Post
You May Also Like
Net worth by age percentile calculator for Canada
View Post
  • All Blogs
  • Financial and Investment Calculators and Economic Data

Net Worth By Age Percentile Calculator for Canada with 2023 Data

  • September 9, 2023
  • Jeff Wiener
solitaire
View Post
  • Financial and Investment Calculators and Economic Data

Mastering Online Solitaire: Tips and Strategies For Success

  • July 5, 2023
  • Frances
canadian igaming
View Post
  • Financial and Investment Calculators and Economic Data

The Canadian iGaming Industry In Numbers – 2023

  • July 3, 2023
  • Frances
investment
View Post
  • Financial and Investment Calculators and Economic Data

Entrepreneur Investment Strategies: Balancing Wealth with Business

  • June 28, 2023
  • Frances
Leeds Property Market
View Post
  • Financial and Investment Calculators and Economic Data

Investigating The Leeds Property Market

  • June 16, 2023
  • Frances
mobile mechanic
View Post
  • Financial and Investment Calculators and Economic Data

What Type of Insurance Do Mobile Mechanics Need?

  • May 19, 2023
  • Frances
Household Income Percentile Calculator for Canada
View Post
  • Financial and Investment Calculators and Economic Data

Household Income Percentile Calculator for Canada Including 17 Household Income Statistics for 2023

  • April 13, 2023
  • Jeff Wiener
calculator and receipts
View Post
  • Financial and Investment Calculators and Economic Data

A Guide to Managing Business Taxes

  • January 29, 2023
  • Meg Rivera

Join 6,472 Entrepreneurs That Get My Business Building and Wealth Creation Posts by Email

I can teach you how to build a successful, profitable business, and turn that into millions in personal wealth.

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

We won’t send you spam. Unsubscribe at any time.

Recent Posts
  • man and papers 1
    Targeting Millennials: Real Estate Marketing Strategies For The Next Generation of Homebuyers
    • September 22, 2023
  • loan types 2
    Smart Borrowing: Determining How Much You Can Afford To Borrow
    • September 22, 2023
  • handyman 3
    Effective Strategies To Advertise Your Handyman, Landscaping, or Plumbing Services
    • September 22, 2023
  • happy woman 4
    Kickass Ideas to Maintain Customer and Employee Loyalty
    • September 21, 2023
  • Real estate broker agent presenting and consult to customer to d 5
    The Return on Investment (ROI) of Mortgage CRM Investments
    • September 20, 2023
Featured Posts
  • Become a Decamillionaire
    How to Become a Decamillionaire, Grow your Net Worth to $10 Million, and Join the 1% Club
  • how to become wealthy
    The Entrepreneur’s Secret to How to Become Wealthy and Build a Personal Fortune
  • Most Profitable Small Businesses
    27 of the Most Profitable Small Businesses to Open in 2023
Categories
  • All Blogs (1,077)
  • Business (410)
  • Canadian Financial Products (4)
  • Create Wealth (Investing) (134)
  • Entrepreneur Interviews (27)
  • Featured Post for Main Menu (4)
  • Featured Top Posts (23)
  • Finance (112)
  • Financial and Investment Calculators and Economic Data (118)
  • Fitness (9)
  • Growing Profits (72)
  • Growing Revenues (115)
  • Growing Revenues (71)
  • Marketing (161)
  • Millionaire and Business owner interviews (3)
  • Positive State of Mind (69)
  • Real Estate Investing (17)
  • Retirement (13)
  • Reviews (13)
  • Sales (16)
  • Sell Me This Pen (8)
  • Selling your Business (13)
  • Starting a Business (1)
  • Startup Ideas (18)
  • Technology (194)
  • Top Products (4)
  • Uncategorized (62)
Follow us
Author
Jeff Wiener
Jeff sold his company to private equity in 2017 and is now semi-retired. Jeff spends time…

    CHECK OUT MY BLOG, AND SUBSCRIBE

    about
    The Kickass Entrepreneur

    Expand Your Business, Improve Profits, Create Wealth

    Expand your business, improve your profits, and create wealth. Each one of the three can be elusive goals. Follow the right steps, and you, too, can create financial independence. It is possible … you just have to take the right steps.
    NAVIGATION
    • About
    • Blog
      • All Blogs
      • Create Wealth (Investing)
      • Entrepreneur Interviews
      • Featured Top Posts
      • Growing Profits
      • Growing Revenues
      • Marketing
      • Positive State of Mind
      • Real Estate Investing
      • Retirement
      • Sales
      • Selling your Business
    • Book
    • Courses
    • Podcast
    • Resources
    • Contact
    TAGS
    apartment BATNA Business business failure business growth business sale Capitalization Rate CAP Rate cash cash flow Creating Wealth Discipline entrepreneur entrepreneurship excel extra cash Featured goal setting Growing Business investing investment real estate M&A marketing Marketing KPIs Mergers and Acquisitions | M&A | Entrepreneur Blog Millionaire millionaire next door mistakes MUR Peter Principle Profit profitability real estate retirement revenue Revenues sales sales management Semi-Retirement Blog | Entrepreneur Blog | Small Business Blog small business Stagnant stocks success Thomas Stanley wealth
    RECENT ARTICLES
    • horse jockey
      Top 5 Most Successful Horse Racing Jockeys Ever
      • September 8, 2023
    • man and papers
      Active vs. Passive Investing: Which Is Right for You?
      • August 8, 2023
    • seoul
      How Seoul Internships Shape Your Professional Journey
      • July 24, 2023
    • casino
      Empower Yourself With These 5 Lifelong Skills For Success In Casino Business
      • June 23, 2023
    • Real Estate Brokerage
      Factors That Affect Real Estate Commission Rates
      • June 21, 2023
    • Digital online marketing commerce sale concept. Woman using tablet payments online shopping and icon customer network connection on hologram virtual screen, m-banking and omni channel.
      A Savvy Shopper’s Guide to Purchasing Power Tools Online
      • May 23, 2023
    The Kickass Entrepreneur
    • Coaching
    • Book
    • Blog
    • Contact
    • Privacy Policy
    • Terms
    • Disclaimer
    • Facebook
    • LinkedIn

    Input your search keywords and press Enter.