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10 Passive Income Business ideas - Build an online business

Work from home on your computer anytime or anyplace and earn Passive Income
Free tutorial
Rating: 2.9 out of 5 (3 ratings)
1,608 students
1hr 8min of on-demand video
English
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Identify and choose between the many different types of passive income
10 passive income streams and ideas
Identify and choose between the many different types of passive income, and choose the right ones for you
Set up a passive income stream that allows you to determine your level of engagement
Practical Passive income tutorials
working from home and create extra income stream

Requirements

  • Internet connectivity
  • People Willing to make extra stream of income

Description

Generate passive income in 2023 by learning the pros and cons of 10 common passive income business models and start one

Passive income is a dream for many people. We all want to know that there's a way we can make money without having to get out of bed, or even move away from our computer screen.

We've got some news for you: passive income is real! And it's easier than you might think.

Here are two types of passive income businesses we will tackle in this course

1. Residual Income Businesses - This type of business relies on repeat customers or clients who will always come back for more, so the work you put in once is done and over with forever. Think about when you go to a restaurant and buy an appetizer—you don't have to keep going back and ordering that same appetizer again and again; instead, you just pay once for it and then enjoy the benefits as long as you want them! The same goes for residual income businesses—the only difference is that instead of spending your money on food, you're investing in a product or service that gives back profits over time as long as people continue purchasing it.

2. Leveraged Income Businesses - These businesses involve borrowing capital from others, which means they're not quite as hands-off as those in category 1 above (you'll still need

Passive income is earned without any additional effort on your part once your initial investment has been made. You can keep earning money even while you sleep by using passive income streams.

You will get to learn a lot in this course

Sell Stock Photos Online

Start a YouTube Channel

Start a Podcast and Monetize It

Become an Airbnb Host

Sell digital products on Etsy

Start an online membership

Become an Affiliate marketer

Start an Online Course

Publish Ebooks

and maore

Enrolll Now

Who this course is for:

  • Anyone who would like to generate passive income

Instructor

Public Speaking Coach, Digital Skills Trainer, Ghostwriter
Ibrahim Mustapha
  • 3.6 Instructor Rating
  • 71 Reviews
  • 12,708 Students
  • 4 Courses

Ibrahim Mustapha is an Author, Public Speaking Coach, Mandela Washington fellow 2021, Global Shaper with the World Economic Forum,

Digital Skills Trainer with the Google Digital skills Africa Program, he is the Founder of Me For Africa an NGO operating in Ghana, and IM radio an online radio, Mustapha has a growing community of over 8,000 students on Udemy.

In 2017 he facilitated a team-building Training session for the Global Shapers - Annual Curators Meeting at the World Economic Forum in Switzerland, he was also adjudged the 10th most influential Young Ghanaian by Avance media.

Mustapha has volunteered for the Government of Kazakhstan and trained local Volunteers at the 2017 Astana World Expo.

Mustapha has consulted and facilitated training sessions for many organizations around the world, including Astana Expo, World Economic Forum Beijing Axis(China), Create Change (Ghana), NTV Ghana, Fidelity Bank (Tamale), Databank Foundation, Tamale Technical University, Green Gold Ghana, Olive School of Journalism, and more.

Mustapha holds a BSc Degree in Business Administration from the Kwame Nkrumah University of Science & Technology and a Higher National Diploma in Accounting from Tamale Technical University.

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