The 5 Best ways for earning passive income in 2019

I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.

Passive income is never instant despite all the offers you see online promising it. If you do it right, you put in the hard work at the start and reap the benefits in the long term. 

It has to be based on recurring fees. That either comes down to a service or tool that requires a monthly fee or a membership site that requires a monthly fee.

Once the work has been done in setting up a funnel to drive people to the passive income offer, then it's down to recruiting people to it. 

People will always leave, for a variety of reasons. So after you get your recurring income to a level you're happy with, you need to recruit at least as many new people as leave each month to stop your earnings from dropping. 

MLMs are favored in this model because you can earn from multiple levels below you. But they do have a pyramid structure. Regardless of what offer you're promoting, it must be a quality one to keep people paying for it in the long term. 

If you can create your own training program, and constantly update it, then people will be willing to pay an ongoing membership fee. Same with SaaS. 

Alternatively, if you can find a good example that has an affiliate program, you can piggyback on someone else's work for a commission.

1. You could start a SaaS, but even then if you stop improving on your product you might lose all of your customers. In general though, I believe you need to continue to ship and launch new products, new versions, etc to continually make money. There's nothing passive about that, but at least you get to work on your own terms and your income is up to you.
2. My "passive" streams are selling design templates, guides, courses, and YouTube ads. Amazon's affiliate program makes me a few bucks every month but it's chump change and wasn't worth the trouble in hindsight.Whether or not that's passive depends on your definition of passive. I like to call it recurring income, because the work I put into developing those products and setting up systems that sell them was anything but passive.
3. To earn passive income online, you need to have affiliate program or business opportunity that provides recurring income or multi-tiered commissions. Having multiple sources of recurring income will also help you grow your wealth consistently and eventually leading to financial freedom.
4. I think the most easiest and simples way to generate income passively is by buying real estate and rent it. Of course you need to have big capital in order to buy some property like appartment.
   
   Another way is just have any online business, affiliate marketing, amazon fba or whatever, but to make it passive you need to hire people who would do all the work for you.
5. Best way to earn passive income is by promoting tools instead of promoting A single product
   
   People pay for tools every single month, If someone build his business in a certain tool it becomes hard for him to move his business to another tool
   
   Let's say you promoting a tool that Helps people build sales funnels, This tool is for 50$, you got commission 50%, That's 25$
   If you can bring 100 people to this tool, That's 2500$ recurring income for you every single month
   
   Most people trying to make fast money by promoting a single product, But tool very profitable if you know how to promote it.

That's not a passive income. You have to think, write, research, understand metrics, research, operate the auto responded, advertise, and many more things etc, etc, etc. 

Passive means you do nothing. 

Passive income means you do nothing and money rolls in. 



No such thing unless uncle bob left you billions. Even then, being rich still requires some work.

"Passive income" is a term that was created to sell ebooks, courses and webinars to people who actually believe that, somewhere in the world, there is a way to make a passive income. So they spend their life searching for it in $7 hotsheets, $67 ebooks, $367 courses, $1067 seminars. and $6,667 coaching programs. But they never find it. And the people selling the goods to them are working for it.