 10 best passive income ideas for 2020. How to make money online. Okay, so you've heard about it, right? You actually have an income coming in and you don't have to do anything. And you say, yeah, that's what I want. That's what I want to do. I want money to come in without doing any work. In this video, I will show you 10 ways you can have pretty much passive income. And we're starting right now. Hey, I'm JR Fisher. Thank you for visiting my channel. I appreciate you being here. And if you haven't been here before, maybe you should subscribe. There's a big subscribe button down there. Hit that subscribe button. If you want to get more free information about how to make money online, and don't forget, turn on the bell. Once you subscribe, you got to hit the subscribe button first. A bell will just magically appear. And then what you want to do is you want to click that bell and turn on all notifications. That way you're notified every time I do a video and every time I go live. And maybe we can talk on some of those live ones. I would really appreciate that. Okay, so give me a thumbs up if you would. I've been selling online since 2009. I've sold millions of dollars of both digital and physical products. And this is really your channel. This is a channel for you to come to, for you to ask questions. You can ask anything you want below this video in the comments section. I'll be happy to answer it for you. And also, if there's a particular video you want me to do, put that in the comments section there too. And I'll do a video for you. Now, I have a free course I want to give you. It's a $97 course. It's in the description below. Click the link and grab that course. Super good course. Give you some overview on how to make money online. Now let's jump into this thing. First off, what is passive income? We hear passive income all the time and people tell passive income. But basically what is it? Now, true passive income is, I guess you would put money in the bank and you'd get an interest rate back. And unfortunately it would be too low. Okay, so true passive income like that doesn't work as well. So then people say, well, I want to do passive income. I'll buy stocks and bonds and derivatives or whatever that stuff is. And I guess you could do that if you had a ton of money. But this video is more for people who don't have a ton of money to invest, who don't want to go out and buy a car wash and pay somebody to run it and they collect money on it every month. This is more for people who want to generate some money who don't already have a ton of money to invest. This video is for you. Now, if you think about passive income, you also have to think of the flip side, which is active income. What is active income? Active income is you provide a service or you do something. You know, you're a sales rep at a car dealership and you sell cars and you get paid for selling those cars or you're a bartender and you make drinks or you wait on tables and you serve people food and as you do these tasks, as you perform these tasks, you make money. Active income. There's a lot of variation between passive and active. And I guess there's really no such thing as real true passive because you have to do something to get it started. You're gonna have to buy the stocks or you're gonna have to pay somebody to run that business. So you're involved a little bit, but you don't have to do the actual work for the money that's coming in every single day. Now, the first thing I'm gonna tell you is really the first thing I started doing and I'm gonna call it passive. I mean, you have to do some work but it's selling items on eBay. But if you think about it, if you list a bunch of items on eBay in the middle of the night, you could be making money and you aren't physically doing anything whatsoever. So you could do that. Gary Vee actually did a video to prove to people that anybody can make money on eBay and he actually went out to garage sales and had somebody follow him around and he bought things at garage sales and he put them up on eBay and he sold them for more than what he paid for them. So you can actually physically do this and if you were to do it that way, if you were to go out to these garage sales, these thrift stores, he even did it to a dollar store. He went to a dollar store, bought some stuff for a dollar, sold it for five dollars. But if you were to do this, you could make an income. You could make money coming in every single day if you wanted to do this. Is it more work than some things? Yes, however, it can be done. So if you're sitting there now, you're saying, why don't I have a job? I don't have an income. I've got unemployment. It's about to run out. That is something you could do, okay? It's gonna take some effort, but it's something you could do. The next thing I have on my list and it's something I really enjoy doing is creating a course. Create a course online and teach somebody something. Everybody's got some type of skill and I'm always gonna get a portion of the people watching one of my videos going, I don't have any skills at all. I have nothing. I'm an empty shell. You probably do have some skills, but let's say that that is the truth. You know nothing. You could go to YouTube, which is where you are now and you could learn some skills in anything and building websites and graphics and photography, whatever you want. There's videos on YouTube that will teach you that thing. So let's say you don't have a skill, you could learn something. Now, you could also actually go buy a course on what it is that you wanna do a course on or two of them or three of them or whatever. Watch those courses and do another course similar to them. You've got that information there. Now don't copy their course, but you could certainly do that. So selling a course online is a great way to do it. I've done it. I have several courses. I'm always looking to do another course because the more courses I have out there, the more money of course I'm gonna make. So number two is create a course. Number three is sell stock photos. There's a lot of websites out there like iStockPhoto. One of some of the other ones I wrote down here, deposit photos. There's a lot of websites out there that you can actually sell your photos. And you don't actually sell them to the site. You put them on the site and when somebody pays that company to download your photos, you actually make a commission. So you could take a hundred pictures or a thousand pictures and put them on one of these sites or many of these sites. There's the key. Put it on a lot of different sites and have money coming in on a consistent basis and you do nothing for it. They just send you money. So that's another thing you can do. That's number three. Number four is start an affiliate marketing website. Now what is an affiliate marketing website? Affiliate marketing website is a site that you drive traffic to and you have links on that website that go out to products that you have an affiliation with and you get money. Now that sounds really complicated but let me break it down. Let's say you started a website and it was about reviews of kitchen appliances. Okay, let's say that's what you wanna do. Reviews of kitchen appliances. So you start a website and you started reviewing, let's say, blenders, okay? So you reviewed five different blenders and you talked about what each different blender would do and at the end of the review, there was a link, an Amazon link, which you can get for free. You can sign up for Amazon's affiliate marketing link and there's a link to every single one of them when somebody clicks on one of those blenders and they buy that blender or they buy anything within the next 48 hours on eBay. They are cookied and you get a commission. So that's one way you could do that, an affiliate marketing site and all you're really doing is reviews and having links to products on there. Number five is design your own t-shirts. T-shirt sales have really skyrocketed. There's a lot of sites you can do it on. These are print on demand and what I mean by that is you don't have to buy any inventory. You just design the t-shirt, you put the design on the t-shirt and you put it on your website, you post it on social media, whatever you wanna do and if somebody actually clicks and buys, you pay whatever the cost of that shirt is. Maybe it's $10 and you're selling it for 20. That other $10 comes back to you and it's passive because you could be selling t-shirts all day long and you don't have to ship them out. That's the cool thing about print on demand is if you're doing print on demand as you design these t-shirts and as they're getting sent out, you do nothing. You do nothing, literally nothing at this point because when they click, it's gonna go to your print on demand store, it's gonna send the order to printify or whoever that print on demand company is that you're using and they're gonna package it up and they're gonna ship it out to the customer and they're gonna pay you that commission and you literally do nothing but design the t-shirts and put them out there and get them in front of people. So that's a great way to make some money and you can do shirts and mugs and shower curtains and wall hangings and pillows and spreads and you can do whatever you want on these places because it's not printed up until somebody actually buys it. And number six is peer to peer lending. Now this truly is an investment that is passive, has some risk to it, but there's a lot of sites now that make small loans to people. It could be $50, could be $100, could be $500 and these people couldn't get money in traditional ways so they go to these peer to peer lending sites. Now they pay you if you invest your money because they're gonna lend your money out to these people up to 10%. So you can get anywhere from five to 10% off these little micro loans that you're doing. Let's run over to one of those sites real quick and let me show it to you. Okay, here I am at a review site right now. It says best peer to peer lending sites for borrowers and investors. And I just want you to check it out and look at what all's here because I wanna scroll through it. The first one is Lending Club. So you could go to Lending Club. Next one is Peer Form. Next one is Upstart. We've got Street Shares, which is for small businesses. We've got Funding Circle for small businesses and we've got Kiva. And I will put this particular link in the description below. But each one of these has a rating on it and it shows you what high risk is, it shows you what type of loans they make. And you could just go through this list and check it out. But it has each one of these sites I'm talking about. Now, this isn't the only place that you could do peer to peer lending, but these are some of the best places. So you may wanna check that out if you wanna have some passive income from that. Next one, number seven, is creating a blog or website. Blogs are awesome. People love to read blogs. They love to go through them. This could be a vlog, a video blog. It could be a written blog. And in those blogs, you may be talking about different products. You're gonna put a link in there, an affiliate link to that product, which you set up with that company in advance and as people buy those items, you actually get payments from those people. So you wanna pick a popular niche such as fitness or health or dating, relationships. Any of those things, self-improvement are really, really good niches to write a blog on. A lot of people have made a lot of money on blogs. It's gonna take some time. You're gonna need to get traction. You're gonna need to do SEO on this blog. However, it is passive income because once you've written these blogs, the more you write, the more you make, it's out there forever, okay? And people can click on these things and actually you can make money off an article you wrote. Next one is number eight, e-commerce. Now passive, active, a little bit of both, okay? But it is pretty passive. Now I have e-commerce site and I have employees that help me with that e-commerce site and I don't have to physically package up anything because we have a warehouse that ships it out. I don't have to process orders because we have that all automated. So I can be asleep at night and make several thousand dollars when I wake up in the morning, which is nice. And that is a great way to make money. Now you can do it even if you don't have products by using drop shipping. You can use something like AliExpress. You can set up a Shopify store and use AliExpress and integrate it and so that when people put in the orders, all you have to do is click accept order and it's gonna send that order to AliExpress. They're gonna ship it out and your customer gets the product and you didn't have to do anything but a couple clicks. So e-commerce is really good. I've been in e-commerce since 2009. I'm in it today and I make a lot of money off e-commerce. I've made millions of dollars in e-commerce. So it is a really cool thing that you can do. Take some work to get it set up but once you get it set up, it makes you money every day. Now the next one, it's not as passive. It's number nine, it's sell your skills. You may have skills in a particular area. You can go to places like Upwork. You can go to places like Rev. And Rev is really one that you don't need any skills. You really don't. You listen to somebody's book narration and you transcribe it into words and that's what you do on Rev. Freelancer.com has all kinds of different skills. So there's Upwork. They have all kinds of different skills in there. So you can go to either one of these sites, check it out, decide what you want to do and make money on that. And then the last one I have on there number 10 is affiliate marketing. Affiliate marketing. Affiliate marketing's awesome. I love affiliate marketing because somebody else makes a product. Somebody else makes the sales pages. Somebody else sets up the sales funnel and all you do is market the product and you get paid a commission. A great place to do this is ClickBank. ClickBank is an awesome place to do this because you can find the top selling products at ClickBank and when you do, you can market these products to people. In particular, niches, you can run ads, you can put it in social media or whatever and when they buy, you make money. It's really quite easy to do that. You just have to follow the guidelines, do what you're supposed to do and you can make money by affiliate marketing. So that's a whole big long list of things that you can do to make money online. It's not that hard to do. However, you gotta do a little work to get started. There's no such thing as truly passive because the beginning of the passive income has to be done. So if it's setting up a website or it's e-commerce or whatever it is, initially you gotta do something to get that money coming in. But I enjoy it because I have courses that are pretty passive now. I make money every day off courses. I make money off of memberships. I make money off of e-commerce. So all these things make me money on a daily basis and they're pretty much passive at this point. My wife has the same thing. She has some dog training. She has books and these things make her money every single day. But it's because we put in the effort up front. Guys, that's what I'm trying to tell you. Put in the effort up front. Don't expect immediate results. It doesn't work that way. You don't get immediate results. If you want immediate results, you go work for somebody and they pay you a little bit of money for you to do a task every day. Do you want to do that? It's been reported that 87% of the people in America are in jobs they hate. They don't want to be there. They hate it, okay? So if you're in that position, then do some of these things to change it. Do something to change it. That's my biggest problem is getting somebody to actually do something. I've talked to people for years who are friends of mine, who hate their jobs, who aren't making enough money or never with their family, whose health is declining and they still won't do anything. Don't be like them. Don't be like, you're better than them, aren't you? I'm sure you are. You wouldn't be watching this otherwise, would you? I really appreciate you watching this. Put your comments below. I want to hear your stories. What's going on with you? You know, have you tried to make some money online? Do you have other ideas that have worked? If so, put those in the comments and you can help a lot of people out. Don't forget, I have a $97 course below. You can get absolutely free. All you have to do is click and learn free, but it's for a limited time. So don't miss out on that. Make sure you like. Give me a thumbs up or thumbs down. Give me one of these things down there. I would really appreciate it. Don't forget to hit the subscribe button. Don't forget to turn on bell notifications. That way you're part of the Fisher family, the VIP group that gets notified every single time I do a new video. Thank you so much for listening to this video. Check out this video. This is a really good one. You really want to build your business. Check out this video right here. I really appreciate you listening and I'll see you in the next one.