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Passive Income Strategies for Lazy Earners

Sep 1, 2024

Lecture Notes: Lazy Ways to Make Passive Income

Introduction

  • Focus on lazy and passive ways to earn money online.
  • Methods require no prior experience or investment.
  • Bonus strategy for making $20,000 in one week.

Method 1: Proofreading with Guru.com

  • Platform: Guru.com (freelancing site like Upwork/Fiverr)
  • Task: Proofreading and editing text.
  • Earnings: $15 - $100 per hour.
  • Example: User earned $400,000.
  • Advantage: Use AI tool ChatGPT to automate proofreading.
    • Process: Copy text, paste into ChatGPT, and return edited text.
    • Benefit: Deliver faster, scale earnings.

Method 2: Transcribing with Rev.com

  • Platform: Rev.com/ Freelancers.
  • Task: Transcribing audio files.
  • Earnings: $0.30 - $1 per minute.
  • Advantage: Use Rhythmix.com to automate transcription.
    • Process: Upload audio, let AI transcribe, submit to Rev.
  • Potential: Earn $30 - $120 per job.

Method 3: Faceless YouTube Channels

  • Example: One video can generate $4,000 in ad revenue.
  • Tools:
    • ScriptAI for YouTube scripts.
    • Eleven Labs for voiceovers.
    • InVideo.AI for video editing.
  • Earnings: Money via ad revenue, sponsorships, affiliate marketing.

Method 4: Social Media Engagement with LikeforLike.org

  • Platform: LikeforLike.org.
  • Task: Engage with social media for credit.
  • Automation: Use a bot for automatic engagement.
  • Strategy: Build niche accounts; sell on FameSwap.
    • Examples: Sell accounts with followers for $500 to $10,000.

Method 5: Website Building with 10Web.io

  • Platform: 10Web.io (AI website builder).
  • Task: Build websites quickly.
  • Earnings: Charge $800 - $2,000 per site.
  • Advantage: Use AI to outperform manual developers.

Method 6: Podcast Editing

  • Platform: Cleanvoice.ai.
  • Task: Edit podcasts using AI.
  • Earnings: $60 - $300 per podcast.
  • Advantage: AI edits faster, delivers high-quality results.

Method 7: Affiliate Marketing with YouTube Shorts

  • Strategy: Use YouTube Shorts to drive traffic to affiliate links.
  • Earnings Example: $23,000 in 30 days.
  • Tools:
    • ClickAndShort.com for viral short content.
  • Process: Select popular videos, generate shorts, post across platforms.
  • Monetization: Use links from Digistore24, Impact, ClickBank.

Conclusion

  • Encouragement to explore and leverage these methods.
  • Additional resources and videos available for more strategies.