4 Ways Writers Can Make Passive Income
I’m not promising “easy” but it’s fun to make money from something you did years ago!
For as long as I’ve been online, I’ve been looking for ways to make money. When I found out that, as a writer, there were ways to make passive money (write once, continue to earn from it over a long period of time), I was even more fascinate.
While I like writing for clients, my priority has always been finding ways to make money from my writing that would bring in a steady stream of income into my retirement. I’m not ready to retire yet. But I’m not giving up yet, either!
Here’s some of the ways I’ve found to make passive income from writing.
1) Create an Online Course
Creating an online course is an excellent way for writers to make passive income. With an online course, you can leverage your knowledge and experience to teach others and make money while doing it. The key is to create a course that offers value to your target audience and ensures they’ll get results.
When creating your course, start by identifying a topic that you’re knowledgeable about. It should be something that you’re passionate about and can teach effectively. You can then create a plan of action, which should include an outline of your course, the topics you will cover, and any materials you need to produce. You’ll also want to decide how you’ll be delivering the course. Will it be through video lectures, downloadable PDFs, webinars, or other methods?
Next, you’ll need to find the right platform for hosting your course. There are many options available, so do your research to ensure you choose the best one for your needs. When setting up the course, don’t forget to include any bonuses that could increase its value, such as additional resources or bonus content. Finally, market your course and promote it through your website, blog, and social media channels.
Creating an online course may take some time to set up initially, but once it’s launched, you can continue to generate income from it on an ongoing basis.
I’ve done a couple of online courses in the past. The thing you have to remember about this method of making passive…