Entrepreneurship

3 Ways to Make Money While You Sleep

make money while you sleep

As Warren Buffet once said, if you don't find a way to make money while you sleep, you work until you die. Making money without physically needing to be present to exchange services with a customer is the ultimate entrepreneurial goal. Here are 3 ways to make money while you sleep.

1. Sell products online.

Set up your online shop via SHOP.COM and sell physical products to the global online community. Discover more here.

2. Start a blog.

Turn your passion into a paycheck by launching a blog around a niche area you're obsessed with in life. Fitness, fashion, beauty; whatever your passionate about, starting a blog can be the ideal way to start generating an income from your passion. The most popular way to generate revenue from a blog is earning commission via affiliate links. The more you grow your readership and niche your content, the more commission you will make due to invested brands and readers that trust you. Once your blog is popular enough, you can make a decent income from selling advertising space.

3. Become an Instagram Influencer.

Building your Instagram following takes time and skill. Your profile and all content must tailor to a definite niche. The more niche your feed is, the more valuable you will be to businesses looking for influencers in that field. You want to build your Instagram page to at least 10,000 followers before approaching brands and influencer agencies to represent you. You may only receive free products at the beginning in return for reviews, but as you grow, you can start charging money to post about companies depending on how large and engaged your following is.

How do you aspire to make money while you sleep? Tweet me @lorenridinger.