- Today, we're gonna talk about how to make passive income
with only a thousand dollars.
These aren't gonna be your typical methods
of doing affiliate marketing or doing drop shipping
and all that stuff.
These are gonna be lesser known ways
that I guarantee most of you guys
have probably never heard of
that are incredible opportunities to make passive income.
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First up sitting in the insanely easy category
that anyone could do is Anchor savings.
Anchor savings is a crypto product
that uses yield farming to make you passive income.
Really simply it's a way to put your money
to work for you passively making 20% annual return
on your investment.
As far as I know, it's relatively low risk.
I've been doing it for about a month now
and I've had no issues and it make around $200 a month.
Obviously I'm investing with a little bit more
than a thousand dollars to be making $200 a month
but it's a great way to get started making passive income
and putting your money to work for you.
Second up is Google ads management.
This is another one that I personally do
and I make around $2,000 a month doing it.
It does require some learning and some initial setup
for your clients, but this is generally how it works.
Basically, I find clients that aren't advertising
on Google ads or aren't getting very good results
advertising and Google ads.
I see set up an entire Google ads campaign.
I build out a landing page.
The entire system is just designed to get them leads
and then sort of them, those leads leads turn into sales
which equals profit from them.
And as long as you can prove,
or show that you're making them more profit
than you're charging them,
then they will stay with you for forever.
I personally learned how to do all this
just by watching YouTube videos, listening to podcasts,
and then after learning a little bit
some hands on experience by reaching out to a friend
asking if I could run Google ads for them
and doing it for completely free,
which is great experience for me to get started
generally setting up an ad campaign for clients
it takes a few days, but once everything's set up
it takes me about five minutes a month just to check on it
make sure everything's up and running.
And outside that five minutes a month
I generally don't do anything.
The client's happy and never reaches out to me
as long as they're still getting leads.
And that's it.
This third one, isn't something I do personally
but I've heard of and know people that do this successfully.
Basically you buy a piece of remote land.
So think of anywhere you might wanna go camping
or just really experienced the wilderness of the world.
Those pieces of land can be incredibly cheap
because they're so remote.
Oftentimes you could buy those pieces of land
sometimes first lowest $300 at an auction.
So they'll buy pieces of land like this
and then they'll buy or build their own little yurts
or tents and put them out on the property.
And then they list the property on either Airbnb
or Hip Camp as a place you can go vacation and stay.
You can make around $18 to $300 per night
depending on the location it's set up.
And if you're wondering about bathrooms
a lot of these places won't have bathrooms.
They'll just give you a shovel
and let you experience the great outdoors
and that's part of the wilderness experience.
Fourth up is Stoic
and if you've been watching my channel
for any amount of time, you're very familiar with Stoic.
Something I started as an experiment.
It's basically an AI created by data scientists in Russia.
And this AI uses data from hundred thousand analysts
to make predictions about what's gonna happen
in the financial markets in the crypto markets.
And Stoic is an automated trading strategy
that uses that data to make trades in the crypto market.
I started around a hundred days ago with only $5,000,
and so far I'm up to $14,000.
That's all been happening passively.
I don't have to worry about it.
I don't ever have to think about it.
Just Stoic does its thing.
I will warn right now that they've had a huge influx
of people signing up for Stoic.
And because of that, they seem to be having some issues
and some bugs with their app
as well as it's really difficult
to get ahold of the customer service right now.
Lastly, this is another one that I've personally used
which is a great way to make money
if you feel like you don't have any sort of skillset
and can't do Google ads or can't do this,
this is a great way to make money
without having to have any sort of skill set.
Basically what you do is you find somebody
who needs something.
Maybe they need somebody to run Facebook ads,
maybe they need photography,
maybe they need a website design, it doesn't matter.
It doesn't matter if you know how to do it.
So say for example somebody want to hire you to do something
like Facebook ads or Pinterest ads or something like that.
You don't know how to do those things.
You don't wanna learn how to do it.
You also don't want to manage those things
because it can be really time intensive.
But you don't wanna miss out on this opportunity.
So you offered to do it for $2,000 a month.
You take a thousand dollars and that goes into your pocket.
Use the other thousand dollars a month to hire someone
on Fiverr or Upwork or wherever
to run and manage these Facebook ads.
Now you get to make income passively
as they're doing all the work.
I personally done this before
and know plenty of other people
that do the same thing as well.
And it's a great way to expand your opportunities
as well as passively make income.
I hope this list has helped
and if you have any questions,
please leave them in the comments below.
And if you know something that's like kind of a hidden gem,
secret way to make passive income,
that a lot of people don't talk about,
leave it in the comments below.
And if I can get enough of them,
I'll put together a second video
with some more passive income opportunities
that most people don't know about.
Thanks for watching and I'll see you next week.
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