8 Passive Income Online To Get Your Financial Freedom Part 3

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8 Passive Income Online To Get Your Financial Freedom

After reading the previous page of 8 passive income online, here are the next passive income online you can get from.

#6 Create A Mobile App

Do you love engineering and inventing application? Don’t waste your skill. If you search in the Google Play Store or AppsStore, there are tons of mobile apps from a variety of usage.

They can be apps for measuring mood every day, organizing files or estimating distance.

Create one that fits best with your passion and interest then sell it. It will be better if your product niche meets market demand.

[Read: Why You Need To Launch Online Business Now and How]

For iPhone apps, 25% of apps developers could reach up to $5000 revenue and around 16% get $5000 for Android apps.

With plenty of market places to sell mobile application, you could sell your application there. Especially if it has a unique and working source code, you’ll get a competitive price from the buyers.

Some popular marketplaces with lot numbers of buyers are SellMyApp (application and game templates, Dovemobi (game and template source code), and Codester (application templates and source code).

With ability to develop an app, you even can change your whole income. You can change this job to your main job and build a startup company, like Finansialku.

With the advanced technology we have now, building a startup company is quite promising.

#7 Buy Online Business

You want to open a business and have the money but got not enough time to manage? Here is the solution.

With buying an online business, you could expect to obtain regular passive income each year without directly involving in day to day business activities. Sounds interesting, right.

To start, you need to review the track record and especially the cash flow over the past year.

Be sure the business gives you a free rein to do your activities. When negotiating the income, make an offer to receive the profit of at least 1 to 2 years.

#8 Email Marketing Business

Email marketing is a strategy to promote and sell a product to consumers. In the surge of e-commerce, many businesses or startups conduct most of its promotional and transactions online.

With email marketing, business owner or startups firm could serve their customers better at a fast pace without any barrier of location.

If you have a product or service, promote them through email marketing strategy to the audience or your already existed ones.

[Read: 9 Ways To Manage Money Well For Young Adults]

The benefit of having email marketing for business is it can be done anytime, anywhere and cost you nothing for advertising the product, except the Wi-Fi, energy and time.

On top of that, all your potential customers could access it 24/7.

If you are in the writing enterprise or love writing, you could offer email marketing services for the potential customers who want to promote their product.

You can negotiate the price based on the deadline or the hours you spent. Offer the customers a seminar, courses or training on skills you have through this email marketing business.

There are many ways to generate passive income online. If you need more sources on the online job that’s flexible and help you create passive income streams, check out this article about work from home job in 2019.

Conclusion

Financial freedom is the condition where people have more time and freedom to pursue their passions while making enough money to pay their cash flow, without being active in a business or having to work from 9 am to 5 pm.

Online passive income job offers this opportunity that everyone can access. It requires relatively small capital to begin.

So what are you waiting for? You can start building the passive income streams that are fitted to your passion.

If you already had one, let us know by sharing your experience in a comment box below.

And if this article helpful, please share it with those who are still searching for ways to build or grow a passive income. By doing this, you help them get closer to their financial goals.

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References:

Deacon Hayes, November 2^nd, 2019. 24 Best Passive Income Ideas In 2019. Wellkeptwallet.com – https://bit.ly/2NNqzr1.
D. Roth. September 3^rd, 2019. Financial freedom is time freedom. Getrichslowly.org – https://bit.ly/2NoN5aL.
Admin. June 10^th, 2019. Crowdfunding Property. Landx.id – https://bit.ly/2NT3sLI.
Jesse Torres, December 15^th, 2014. How Affiliate Marketing Can Work For Entrepreneurs. Entrepreneur.com – https://bit.ly/2CphX4w.