I made a course on a small topic which is keyword research/SEO related and hosted on Udemy. It took me a week to create the whole thing since then I haven't done anything except answering a few questions of the students.<p>It's 99% passive. I am making around $150 per month.<p>This is the simple method I followed (CPSO)<p>Customer => Problem => Solution => Offer<p>1.) find a topic with enough interest (customer finding activity)<p>2.) identify a single problem in that topic (Problem finding activity)<p>3.) provide a clear cut solution to the problem
Make sure they get a result by the end of it. Record your screen showing the solution without any fluff. (Solution providing activity)<p>4) Create a compelling offer and present to the customer (Make a compelling offer activity)<p>For the last part (offer), I created a video which is almost 45 minutes long and taught nearly 90% of the course. There's no need to buy if you watch the intro video which is free to preview on the course.<p>It's doing well.<p>Watch the preview video, and you are good to go—no need to buy it. But if you want to support an honest creator, then please consider purchasing the course using the following link. Many thanks.<p><a href="https://www.udemy.com/course/keyword-golden-ratio-formula-find-easy-keywords-to-rank-high-in-google/?couponCode=HACKER-NEWZ" rel="nofollow">https://www.udemy.com/course/keyword-golden-ratio-formula-fi...</a>
I'm a designer-turned-developer and created a nice-looking solitaire card game website: <a href="https://online-solitaire.com/" rel="nofollow">https://online-solitaire.com/</a>. It's making me around $1500 a month.<p>My approach was to find a nice of apps that where already popular and then see if I could make it better.
What does passive income mean to you? Is it passive income when a YouTuber gets paid whenever someone views a video, but spends hundreds of hours making great content and building an audience? Is SaaS MRR passive income after you've spent hundreds or thousands of hours building a product and acquiring customers? Is it passive income when an author receives royalties after spending months writing, publishing, and marketing a book? Is advertising revenue passive income after you've spent hundreds of hours writing blog posts and building an audience?<p>If you want to leverage your time to make money when you sleep, you need to do the work to acquire income producing assets.<p>Here's some ways you could monetize your skills as a developer:<p>- Provide value for free (blog posts, code, videos, whatever) to grow an audience, then sell courses or paid content to that audience.<p>- Create open source software that other people need, then sell training videos on how to use it.<p>- Build an audience for your blog, and join a developer/tech focused advertising network.
baseline suggestion for truly passive income is invest in the stock market: do dev work for people in exchange for money --> invest the money in the stock market (e.g. low cost passive index funds) --> expect roughly 5% real return on capital invested for long term buy & hold stock investment
build a dating app that doesn't charge for reading messages from other users.<p>Make it 1 dollar a month.
let us talk to each other. Keep our profile there for years without us having to take an action. if somebody finds me and wants to talk to me - I want to get an email about it. I don't understand why such a simple app (browse, filter, message, get notifications) has to cost 10/15 bucks a month. make it 10 a year.
Sites like <a href="https://www.indiehackers.com/interviews/page/1" rel="nofollow">https://www.indiehackers.com/interviews/page/1</a> are full of examples on what has been done. You can't do the same idea twice usually, but you can spot lots of patterns there.
Figure out a way to make money from a hobby. It’s not passive but it can be no net effort.<p>I like to make wordclocks. I like the process of figuring out better manufacturing processes. Some people buy them. Win win situation.<p>I don’t sell many, but enough to pay for my cnc.