4 PASSIVE income ideas to NEVER be broke again! (No skills, No degree)
Last updated: Jul 30, 2023
This video is about four passive income ideas that anyone can do, including dropshipping and joining Amazon's merch program, to make extra money each month.
This video by ENERGI was published on May 27, 2023. Video length: 13:43.
This YouTube video titled "4 PASSIVE income ideas to NEVER be broke again!
(No skills, No degree)" discusses four passive income side hustles that anyone can do to make an extra $1,000 a month. The video starts by explaining the concept of dropshipping, where you sell products online without keeping inventory or worrying about shipping. The video then introduces a tool called Auto DS that helps with product research, importing products to your store, and order fulfillment. The video also mentions the option of making passive income through Amazon's print-on-demand service called Merch by Amazon.
The video emphasizes that while these methods may require some research and creativity, they can be profitable and accessible to beginners.
Drop Shipping is a business model where you sell products online without keeping any inventory or worrying about shipping.
Merch by Amazon is a program where you can create designs and put them on products like t-shirts, mugs, and phone cases.
Investing in dividend stocks involves buying shares of companies that pay regular dividends to their shareholders.
You can create and sell online courses on platforms like Udemy, Teachable, or Skillshare.
Create t-shirts centered around holidays using designs from Creative Fabrica.
Create digital products like PDF guides or templates using Canva.