This post contains affiliate links. That means if you use them to make a purchase, I’ll earn enough money from that sale to maybe buy myself something pretty. Because I probably deserve it.
“Maybe you should invent ways to make money while you sleep”! That was what my mom said to me when I was thinking of business ideas and lounging “lazily” in my bed. Little did we both know, it really was possible and I’d soon be doing it. It took a few years for me to figure it out, and of course, my 9 to 5 job had my mindset stuck in a paycheck to paycheck, non-creative mode.
It wasn’t until I read a post on Forbes about a millionaire who created a lucrative lifestyle by generating income while she slept that I realized… it was real! So if you’re wondering if it’s true, the answer is YES, YOU CAN MAKE MONEY ONLINE WHILE YOU SLEEP! There are actually quite a few ways that you can snooze all day and night while your bank account grows. It’s called Passive income, baby.
To sum it up in this case, passive income allows you to earn money with minimal activity through a variety of investments or projects that require little to no daily effort or up-keep on your part. In other words…PASSIVE INCOME IS THE SHIT! And right up my alley being the “lazy” creative entrepreneur I am, and if you’re here, I’m guessing yours too. By setting up your online business to make money while you sleep, you’re definitely on the right track! Keep reading for 5 ways you can hit snooze on your alarm clock, and binge on Netflix while earning passive income like the lazy lady boss you are.
Affiliate Marketing
This is one of the coolest ways to make money online while you sleep. As an affiliate, you gain a commission every time someone uses your unique code to purchase a product. Many familiar companies like Amazon, Nike, and Target offer an affiliate program that you can join and make money when someone purchases their items from you. These days though, with smaller online businesses being so popular, business owners often offer an affiliate program as well as an incentive for you to help them sell their products.
Take the lovely miss Dale for example. She’s a lady boss, running a blog business called “Blogging her Way” where she teaches female online entrepreneurs like you and me to make money with their online blog and also offers an affiliate program for her Get Paid to Pin course. In her course, Dale gives you awesome insight and teaches you effective ways to use the Pinterest platform to make quick money with your affiliate products. Because I believe in her product and have seen that it works, I feel confident telling others about it who can benefit from her program. When they make a purchase using my link, I earn a commision of the sale. It’s that simple.
E-Commerce
By creating products with your designs, and using a drop-shipping/print on demand company, you can set up an online store using platforms like Shopify or GearBubble and continue to make a profit from products that you create without having to ship out the inventory. This was the first way that we learned it was possible to make money while you sleep. We started our online store promoting products that represent our brand for The Bed Head Society, and within the first month, started receiving consistent passive income.
Instead of outsourcing all the work to a virtual assistant and artist, my sister and I decided to work together to provide customer service to our audience as a way to grow our brand and TBHS community. This is not a must however, as you can set up several e-commerce stores that focus on specific niche markets. This is a great way to expand your e-commerce business and, if set up correctly, rake in the cash while you drool on your pillow.
Digital Products
One of my favorite ways to make money online while you sleep is with digital products. Digital products consist of any product you can sell virtually. It will initially come in digital form and can be downloaded online usually with the click of a link. Items like, e-books, online courses, printables, and online journals are considered digital products. They’re cool because they’re so much easier to manage than physical inventory and a lot less expensive to create. No worries, once you set up your digital products, the platform will send out the link to the customer. You can count your sales when you wake up.
Develop an App
Developing an app is not really my thing, but is a great way to make money online while you sleep if it’s yours. Once you’ve created an app that sticks, you can generate passive income by allowing consumers to make purchases within the app. Think of addicting games like Candy Crush where you have to pay to make advancements within the game. 0.99 might not seem like much when you make the purchase but think of the millions of people who binge play these games. That adds up quickly! If done correctly the first time, many app developers will create updates or new games just for people who love their phone because of the apps they fall in love with. If you’re someone who has app development down to a science, you’ll be making money in your personal virtual reality!
Blogging
Starting an online blogging business is a great way to generate passive income. As a blogger, you’ll learn ways to make money online while you sleep over time. While it won’t be an overnight success, you can join in on the blogosphere and use your blog as your business platform. Choose a niche market, and connect with your audience to grow a sustainable business.
As you become an authority figure in your market, it’s possible to monetize your blog with ads, sponsorship’s, affiliate programs, and teaching to name a few ways. Check out my girl Ashley Ambirge at The Middle Finger Project. As a copywriter, she has completely turned her blog into a multi-million dollar platform, by teaching copywriting and online business semantics to other small business gal’s. She’s badass, and honestly, one of the first online business boss babes that got us interested in starting our blog.
The conclusion of Ways to Make Money Online While You Sleep.
Finally, here are the 5 ways to make money online while you sleep without much extra effort. By implementing some or all of these methods, you’re definitely sure to see some passive income flowing into your anxious little bank account. When it comes to starting a business, I’m all about the ways that allow me more wine and Netflix binges over super consuming, work until you can’t see straight methods. Which of the 5 methods will you choose to make money while you get your beauty rest?