How to generate passive income with no initial funds? Are you ready for
that mailbox money? That money that just comes in without you having to do anything.
But you don't necessarily have any money to get that thing started?
Well, there is a trick to this. I'm going to tell you exactly how to do it.
So, let's talk about what passive income is. Passive income is income that you do not have to
work every day for. Most people are very familiar with what we call active income. Income that you
have to earn. Income that you have to either go to a job or create by yourself through your
self-employment. Active income requires you to do something in order to create an income.
Passive income is completely different. Passive income is income that you will
receive regardless as to whether you do any work or not. Most people think of passive income as
social security which is retirement or a pension. Meaning, you've already worked for the company,
now you've retired and now they send that money out to you each month. But passive income does
not have to remain in the world of retirement. You literally can create passive income for yourself
while still being young and while still working a job or working for yourself. You just have to
be very deliberate that you want to make money in ways that does not require you to do anything to
get it. So, let's talk about some ways that you can do that. So, before I get into the 5 easy
ways to create passive income, tell me what it is that you want to do with your time. Most people
want passive income so that they can own their own time. Comment below and tell me some of the things
that you want to do with your time so I can help. Comment back. I read all of the comments. So,
let's talk about 5 easy ways to create passive income. The number 1 way that I found it was
the easiest for me was books. In today's time, it's very easy to publish your own book and start
selling it. In fact, I've made an entire video that teaches you how to publish a book and sell
it online. Make sure you check out that video. But I have found books to be very lucrative and
something that I could have full control over. I literally publish books myself and I'm able to
start making the profits and keep all of the money all to myself. I can write a book, publish it,
and get it sold in a matter of days without having to deal with a big publishing company, it's
something I can do online and people buy my book every single day. So, regardless as to whether you
want to write a real estate investing book like Noelle or a children's book like Noelle. You can
write all different types of books. And that will be a great way to create passive income for you.
Number 2, podcast. I found that podcasting has been an awesome way to make money without me
having to do anything. You can literally record all of your podcasts in one batch. For example,
you can record 20 or 30 episodes and then release them each day. Once you have a good catalog,
you will start making money without having to do anything else. You'll continue to have downloads
of people listening to your podcast without you having to do anything. Number 3, YouTube. YouTube
has been an amazing stream of revenue for me to create passive income. I've been able to make my
videos and regardless as to whether I continue to make videos or not. I have a large catalog
and money will keep coming in. I'm able to offer my products and services on my YouTube channel.
Additionally, YouTube pays me for the ad revenue from people watching my ads and that has created
not only one stream of revenue but 2 streams of revenue. Number 4, affiliate income. Affiliate
income is when you are able to get passive income by selling or offering other people's products
or services. You literally can create a website full of affiliate links and get paid commissions
for other people's products or services. Or you can start to monetize your website through other
people's links. You don't have to create any product or service. You literally can offer
other people's products to services and make passive income for yourself. And number 5,
courses. Selling courses and programs has been an amazing stream of revenue that doesn't require me
to do anything. When I go out on speaking events or I do tours or I speak, I have to actively
do something. But many times, those speeches and things like that are recorded and I can sell those
as a course. You literally can start recording making videos or audios or even other books or
manuals or workbooks and teach something that you are an expert in and sell that course. You
make it one time which is an active thing that you have to do. But once you start selling it online,
it's something that doesn't require you and you can just keep making money month after month. So,
now that you have decided on one of those 5 things that I've given you, you can start selling your
product very inexpensively on your own website or on social media. Let's start with social
media since that is completely free. You can go on social media sites like Facebook, Instagram,
Linked In, Snapchat, TikTok, YouTube. I can go on and on. Pinterest. All of the different social
media outlets out there, you can create business accounts and you can start selling your products
and services. Many people will start looking for what you're doing if you advertise it to them and
you're solving their problem. If you have books for example or a podcast that answers people's
questions, people will also buy your products and services especially if you create an online
presence through social media. Additionally, you want to make sure you have your own website that
offers your products and services. You can easily drive traffic to your website through social
media. You can do it for free by posting on social media or you can put a small budget and run some
ads on Facebook and Instagram and start driving traffic to your website and start making sales.
It really is very inexpensive. Or if you have a lot of grit, you can do it absolutely free.
And as a bonus, because Noelle just loves to share, I'm going to give you one more way. I know
I said 5. But let me give you the sixth way to create passive income with no initial funds that
is new, new, new. It is crowdfunding. Many of you guys have heard of crowdfunding but you can check
out crowdfunding sites like Trucrowd. There's others like StartEngine and Kickstarter. And
you can create a crowdfund for your own business or your investment. I have been able to create
an entire company, get investors to invest. Again, none of my own money and I've been able to acquire
rental properties and split those profits with my investors. It required no initial funds and we're
all purchasing those properties together. So, if you have a big idea and you can help lots of
people make money, you can use a platform like crowdfunding to raise hundreds of thousands of
dollars or millions. In fact, we will finish out at a million seventy (which is the most that you
can raise on a crowdfund) in probably the next 45 days. Right now, if you check us out, we're
probably over $400,000. And we have a big campaign that's kicking off. Check out Trucrowd and check
out Nuurez because you can invest in that company for as little as $500. Or you can see everything
that I do and copy the exact same thing. It's available to you and this is another way to create
passive income with no initial funds. You can use other people's funds or crowdfund all the money
together that you need. So, if you want to learn more about creating passive income either through
investing or creating a crowdfund for yourself, check out Nuurez. Nuurez is a next generation
real estate company that has pooled together lots of investors and we're acquiring properties
for short-term rentals and sharing their profits with our investors. It's a company that's owned
by people and we absolutely love it. I just want to make sure you have all of the tools all of the
knowledge and all of the resources that you need to be successful. This is noelle. To your success.