Passive income is one thing that you can make without work. But it is not that easy in the beginning so you have to give it time to earn. Everyone in Pakistan is looking for easy ways to make passive income with their job. Are you also looking for passive income ways? Then you clicked on the right article. There are many online businesses that you can do to make passive income at home. Today we will tell you 7 passive income ideas in Pakistan that you can use to make money online.
List of top 7 passive income ideas in Pakistan
- Sell Your Course Online
- Affiliate Marketing
- Creating a YouTube Channel
- Rent Your Car
- Real Estate Business
- Freelancing
- Automate Your Business
1. Sell Your Course Online
Many people are selling their skills with the help of the internet, they record a course of their skills and sell it with the help of social media. If you are an expert in a skill then make a course of your skill and sell it on social media and if you are not an expert in a skill then learn a skill from YouTube after learning it create a recorded course of your skill and earn from it.
How to sell the course on social media?
You can sell your course with the help of paid advertisement on Facebook or Instagram or if you don’t have money for advertisement then create your page on Instagram and Facebook After creating a page upload your course post. And share in different groups.
2. Affiliate Marketing
This is also a method of passive income. Affiliate marketing is an avenue where you work on a commission basis. Many companies like Amazon, Daraz, eBay, etc allow you to earn money with affiliate programs. You have to join the affiliate program of one of these e-commerce companies and sell their products through your social media and you will get a commission on every sale.
How much commission will you get in per sale?
You will get a 10% commission on your per sale and this commission will be paid to you within 1 month.
How to sell products on social media?
You will create a page on Facebook or Instagram. After creating the page, upload the post of products on your page and share it on various e-commerce groups.
3. Creating a YouTube Channel
YouTube channel income is also considered passive income. If you have any talent or you have a hobby of making videos, then you can earn money from YouTube.It’s not that easy to win, you’ll have to spend a lot of time in the beginning. Once you grow and monetize your channel, you can earn money without an active engagement. learn more
How to monetize a YouTube channel?
To monetize your YouTube channel you need to meet the channel criteria which is 1000 subscribers and 4000 watch time. After fulfilling this criteria your channel will be monetized and you will start earning.
How much we will earn from the video?
You will get income based on views on your YouTube channel. As many views will come to your videos, you will get income accordingly. You will get your channel income based on your views.
4. Rent Your Car
If you have a car and don’t use it, why don’t you use it as a side business? You can rent out your car to a car rental showroom where you will get monthly income or If you don’t want to give it at the showroom, you can share your car pictures on your social media pages from where people will take your car on rent and pay you directly.
5. Real Estate Business
The real estate business is one of the popular businesses in Pakistan. Every richest man in Pakistan has a real estate business. This is a business that gives you profit every time. If you want to start this business, you should have a small investment. If you have an investment, you can invest your income in any housing scheme or you can buy your own house and rent it out to someone who needs it. if you have already property or houses then you can rent out them.
How to invest in a property?
Buying a property is not easy when you buy a property first check the location of the property whether it is commercial or not and also check that if you sell the property after a few years it fetches you good value. Or not.
How to rent a property?
If you own a property and want to rent it out. So you have to contact a real estate dealer or post your property pictures on social media or olx, zameen.com, etc. If someone wants to rent your property then they will contact you directly.
6. Freelancing
Freelancing is one of the best ways to earn online worldwide. If you have any skills like data entry, web development, etc, you can sell your skills worldwide on freelancing platforms like Fiverr, Upwork, freelancer, etc, and earn dollars.
What are the top 3 freelancing platforms?
The top 3 platforms in freelancing are Fiverr Upwork freelancer.
Learn more about Fiverr
How to use these top freelancing platforms?
First, you need to create an account and after creating make an SEO gig on your expertise with an attractive thumbnail and a detailed description that will help you get orders faster.
How to create an attractive thumbnail for a gig?
You can use Adobe Photoshop or other editing software but the easiest software to create attractive thumbnails for a gig is Canva. Canva software also provides you with free thumbnail templates that you can use to create an attractive thumbnail for your gig.
How to withdraw payment from freelancing platforms?
Some countries use PayPal to withdraw payments from freelancing platforms, but PayPal does not work in Pakistan, so you will need a payoneer account. If you have a payoneer account you can easily withdraw your earnings to your bank account.
7. Automate Your Business
Many people are running their businesses and making good money. But they have invested a lot of time and money in their business without any enjoyment. If you want to start a business and don’t work on it actively.
If you have a business idea like a call center etc, you just need a small investment and hire the staff to run your business. After hiring the staff, delegate their responsibilities or tell your manager about all the work, so he can monitor your business.
Frequently Asked Questions
Is passive income halal
Yes, this is halal if you do it the halal way and according to Islamic teachings.