Three ways to build passive income: create or resell SaaS products, which need heavy upfront work but minimal maintenance after launch; promote affiliate products you already know or use; and pick income streams that leverage what you already do. The key is choosing things that require intense initial effort but stay relatively hands-off.
doing certain things, there are 3 really, really good ideas for passive income that I wanna give you right now. The first one is SaaS, software as a service. There are lots of softwares out there that you can either create or piggyback off of to create your own version of and then sell it as your own software. Or you can even just piggyback off of someone else's software and sell it for some kind of an affiliate fee. And that goes into the next one, but software as a service is a great way to get started into passive income because it just requires a lot of setup work upfront, but your hours working on it will be fixed afterward, which is great for passive income. The second one is gonna be affiliate options. So I think the biggest mistake people make with getting into affiliate marketing is they pick something like totally random or something that'll be really, really hard to sell. Pick something that's in your wheelhouse. So for example, if you have a software that's a company, you should have an affiliate that's just selling more of that software. Sell more of the stuff that you're already selling. It's going to be a lot easier to make that work for you.
