Make Money 11Ideas
Make Money 11 Ideas
1.RENTAL INCOME from property : One of the feature is to search property,room,parking space, apartment, storage,accomodation in a locality high in demand. Survey and ask for competitive rent as per local norms from your tenent.
2.Dividend Income : Invest your spare money apart from daily survival to company offering high % of dividend.Find out companies paying regularly and prefer diversified business earning profits to invest.
3.Interest Income : Another way to earn is to invest passively to Bonds, current deposits, convertible debentures. Must check rate of interest %. Diversify portfolios to minimize risk of investment.
4.Royality Income : Another way to start income from royality of books, songs, art. If you can write a story, poem, sing a song,music, poetry, keen to create art and start paintings can earn money every time it is sold.
5.Affiliate Income : Another way to startup making money is thru affiliate income. This is when you promote products or services for other companies and earn commission of every sale and service you offer to public.
The key is to find a product or services that you are passionate about and that offer a competitive commssion rate.
6.Sponsership Income : Another way to earn money is thru sponsership income.This is when you allow companies to sponser your website or blog and you earn money everytime when someone clicks on the sponser's advertisements.
The key is to find companies that offer competitive rates and to have a high traffic website or blog.
7.Subscription Income : Another way to earn passively money from subscription icome.
This is when you create a service or product that people can subscribe to and you earn money every month.
The key is to provide quality product or service which people would subscribe every month.
8.Consulting Income : This is another way of passively make consulting income of offering your experties to companies or individuals.Earn money of your advice.
The key is to find a niche that you are knowledgable and offer advice of demand for.
9.Enterprenure Income: Another way to startup enterprenureship with small capital. You can grow substantially as per need of demand.
10.Manufecturing Unit : This is another way to startup a manufecturing unit. Survey nearby industry if needed sub venders. Explore as per your previoys experience or knowledge of market demand of the same product.
11.Passive Income Idea : There are many other ways to make money passively.These are just a few idea you can explore to startup.
Comments