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Passive Income Ideas For Beginners 2022

If you are searching for the best passive income ideas for beginners 2022 then you are in the right place. And I am not going to waste your time by telling you about complicated out of date methods, This article is not about drop shipping or selling physical items on sites like Facebook Marketplace or Ebay. It’s not about Air BnB. 

We’ll talk about four of my favourite passive income ideas for beginners 2022 that are the easiest to get started and the most hands off and how you can earn an extra $500 a day, or even more using them.

If you prefer watching videos: Passive Income Ideas For Beginners 2022.

Over the last fifteen years of running an online business, I have pretty much come across tons of different passive income strategies and these are without a doubt the best four passive income streams that you should take advantage of if you would like to make money online from home.

If you’ve read my previous posts, you’ll know that I started off on my passive income journey, part time while I was working full time in the Airforce. When I started, I had very little knowledge of how to create passive income streams and very little money to invest in starting an online business.

As I began testing out different passive income ideas for beginners online back in 2007, over the years I was fortunate enough to learn from some brilliant mentors who showed me the easiest path to creating a passive income online business from home.

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I’m super grateful to all of those people that I’ve met along the way from the Chef trained in France who turned into a successful online entrepreneur to the Millionaire Genius I will refer to as Mr G.

Each one of these mentors added to my life in a different way.  And I’d love to take you on the same journey as me. And no matter where you are in your life you will be able to take advantage of some of these great tips and tricks that apply to you. 

And you can use them to make more money passively and change your life just like I did. So if you’re ready to dive in, grab a coffee and keep reading because you’ll love these passive income ideas for beginners.

So what is passive income exactly? I don’t necessarily agree with the term passive income, as it implies that you’re going to be making a ton of money by doing absolutely nothing at all. Where nothing could be really further from the truth.

When I first heard about it, I thought it was some type of scam, you know, like a get rich quick scheme or a pyramid scheme or some kind of multi-level marketing thing where you bother your friends and family.

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I am always a little skeptical when it sounds too good to be true it usually is and maybe you feel the same way as well. Now most of us are taught to go to school and get an education and secure a good job for ourselves. Unfortunately, we all only have 24 hours a day and most of us only work 40 hours each week…

So if you want to make more money, then you have to figure out a way to make money while you are doing other things, Like sleeping, or going on vacation or while your watching tv or hanging out with friends doing stuff you actually enjoy doing.

I have know idea why they don’t teach this in school because they should. Just Imagine this for a moment, what if you spend a couple of days working from home on your laptop but you get paid for that work forever even when you’re asleep or on vacation.

If you want a day off or you don’t feel like working that day then it really isn’t a problem, you don’t have to ask anyone for permission to take time off you just do it.

Because with passive income, the money is still flowing in. That’s what passive income is. It’s still a lot of work, but it is easier than working a day job because it is something you decided to do on your own terms and you make your own hours which is awesome.

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Let me ask you a question, has your spouse ever asked you to take out the garbage and it annoys you. It is ok if you thought about taking the garbage out yourself but when someone asks you it is annoying.

Being in control of what you want to do when you want to do it is a big difference than being told what to do. That is how I like to think of creating passive income streams. What is great is you do a task once and then passive income just keeps paying you. The real goal is to have as many different passive income streams as possible.

So eventually they can cover all of your living expenses and any extra money that you make, you can use to invest in real estate or into an investment that will also grow for you in value passively.

Now again just because the term passive income makes it sound like you are doing nothing, let me just explain it again. What you are really going to be doing is the the actual task once and then get paid for it over and over again for your efforts once the work is done, does that makes sense?

If it doesn’t make sense to you yet, keep reading because it will all become clearer for you as you read this entire post until the end. Because these passive income ideas for beginners, you will discover in this video I have been using successfully for years to earn a passive income from home. These are not some hypothetical ideas that you see people talking about on YouTube.

These are actual strategies, I have been using for years and they still work effectively today. These are time tested methods and not some quick passing fade or some out dated concept that no longer works.

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Passive Income Stream #1 The first passive income idea we will cover is a 6.8 Billion dollar industry in the USA alone and you can do it from just about any country in the world. Just think about that for a second, 6.8 billion in the USA alone and major online retailers participate in it as well, companies like Amazon, Costco and Walmart.

It is a 12 billion dollar industry globally and growing every year. Let me quickly explain to you how it works if the concept is new to you. You sign up to a companies affiliate program and then you refer their products to other people in exchange for a commission.

I first heard about affiliate marketing back in 2007 and I have been promoting other people products in different niche markets since. The beauty of it is, that you don’t have to create products of your own and you are not responsible for customer service. 

It is really pretty much a hands off type of business model and it can help you to start creating passive income for very low investment. Not all affiliate marketing programs are a like though, I suggest you don’t get involved in the following affiliate programs because they pay you very low commissions, avoid the Amazon affiliate programs as well Walmart.

The best passive income method in regards to affiliate marketing is to join a high ticket affiliate program that pays you commissions of $1000 dollars or more per sale. If you stick around I’ll tell you about one I am currently promoting.

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Beside high ticket affiliate programs, It is also a good idea to promote recurring income affiliate programs more about how that works in a moment so stick around for that tip. This is probably the best and easiest of the passive income ideas for beginners.

Passive Income Stream #2 Starting a Youtube Channel currently over 2.29 billion people watch videos on Youtube. I have several Youtube channels in different niche markets and the great thing about it is, Youtube pays you a recurring income month after month for videos you shot one time.

I am still making money from videos I shot years ago, I know some people don’t want to show their face on Youtube or Social Media and there are tons of Youtube channels that just use a voice over and b-roll footage. If you don’t know what B-roll is it is just various video clips that support the voice narration and the cool thing is you don’t have to create the b-roll clips yourself.

I use a site called Story Blocks to find 4K B-roll for my videos and it allows you to throw together a pretty cool video in a short amount of time. If you don’t know how to edit videos you can always hire a video editor on Up Work or Fivver, so if you think about it.

You can start a Youtube channel, without appearing on camera and without knowing how to shoot or edit videos yourself. All you have to do is pick a niche market and record voice overs.

Having your own Youtube channel is also a fantastic way to attract targeted traffic which will allow you to promote affiliate products or your own digital information products which brings us to number three.

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Passive Income Stream #3 Online education, The worldwide e-learning market is projected to be worth $324.5 Billion in 2025 You can easily create and sell your own digital information products. I have sold e-books, online video training courses and I have also run monthly membership sites in different niche markets, that pay me a recurring income.

There are hundreds of different niche markets that you could potentially be selling your own digital information products in. Here’s is an example of a video training course in the Photography niche. Now I also suggest you have an upsell to your front end product.

That could be another higher priced course or it could be a monthly membership site with an additional high ticket coaching program or mastermind. Now you may be thinking you don’t know what type of products to create or what market to get into. It could be related to any topic or hobby that you are interested in that has a large potential customer base online.

I generally suggest sticking to larger online markets and then picking a smaller niche market with in the larger market. For example in the Health market you could focus on anti aging for men or women over 50. Just pick a topic that interests you and begin learning as much as you can about it, before you know it, you will become, the go to subject matter expert on the topic.

When it comes to selling your own digital information products I suggest you stay away from platforms like Amazon or Udemy because you will want to have several upsells after you sell your initial front end product. And those sites do not allow you to have upsells and you also can’t add your customers to your own email marketing list which is a major downside.

In regards yo building your email list you will need an autoresponder, I use Active Campaign and it works incredibly well at creating automations.

When it comes to creating and selling your own digital information products I’ll cover more about how to structure your front end offer and the various types of upsells in a future video, so make sure you subscribe to my Youtube channel and hit the bell notification so you don’t miss those future videos.

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Passive Income Stream #4 is related to Affiliate marketing and selling your own digital information products and it helps you to create passive income. It is email marketing and a lot of people will tell you that email marketing is dead but the global e-mail marketing market was valued at $7.5 billion in 2020 and is projected to increase to $17.9 billion by 2027. (Statista, 2021)

  • There are 4 billion daily email users. And this number is expected to climb to 4.6 billion by 2025. (Statista, 2021) The passive income component of email marketing is that you create an automated email sequence once and as people join your newsletter, they continue to get emails from you that are sent to them automatically.

The email sequence could be as small as 7 emails or as much as one email a week for the next year. In the emails you can promote affiliate offers or your own digital products. You can also send out weekly broadcast emails to your subscribers to keep them up to date with your latest free content and any new offers that you create. You can also have seasonal sales as well.

You can also use advanced methods when you are selling your own products like a shopping cart abandon email sequence to capitalize on your customers who are very close to making a purchase but for some reason left the checkout page. Before we go any further let me, quickly re-cap the top 4 passive income ideas for beginners that you can start in 2022 and they are.

1: Affiliate marketing 2. Starting a Youtube Channel 3. Creating your own digital information products. 4. Email Marketing. The best part is you can combine all 4 of these passive income ideas all at the same time to really ramp up each of the passive income streams in various niche markets.

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Just to recap here are the 3 top online markets you should focus on in 2022 and beyond.

1: Wealth market and within that market there are smaller niches like, Make Money Online, Affiliate Marketing, Digital Information Products, Crypto Currency, Investing etc. 2. Health market and with in the market are smaller niche markets like fitness, 6 pack abs, yoga, meditation, dieting and anti-aging.

#3 Relationship market is the 3rd largest and an example of a sub niche in the relationship market could be dating, improving your marriage, raising children, recovering from a break up. As you can see within the largest 3 online markets there are tons of smaller niches that you can become a subject matter expert in a short matter of time.

Which will help you when comes to creating content to attract your ideal prospects and customers. As I mentioned earlier there is no completely passive strategy unless you invest in stocks or real estate. With these passive income ideas You will have to do some work up front and then it begins to become a passive income stream over time.

These different passive income ideas that we covered in this article I have all been doing for the last 15 years online from home and still continue to use the same strategies today because they are time tested and they work.

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If you would like to learn more strategies for making money online from home, make sure you subscribe to my YouTube channel and hit that bell notification so you don’t miss any future videos.

Passive Income Ideas For Beginners 2022.

Before you go I wanted to touch on a few different ways for you to create recurring income streams for yourself that are passive in nature once they are set up. In different niche markets there are tons of recurring income affiliate programs. In the Wealth market for example there are lots of software tools that you can promote that will pay you a monthly recurring commission.

Some examples are email software, funnel software, seo tools, membership sites. And you can also run your own monthly membership site and I know membership sites that charge as little as $7 a month and some even charge over a thousand dollars a month.

If you would like to learn more about making money online check out my free 6 figure checklist called “The Secret To Quitting Your Day Job” in the description box below.

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