Great Passive Income Streams You Can Create In Kenya

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Passive income is that money you can earn without having to put a lot of strain. In the quest to achieve financial freedom, it is always a ripe idea to find one. For a long time, renting out property has been one great way of earning a passive income. You might not have all the money to possess that property before you move to lease it out.

But that should not stop you from earning a passive income. It is now possible to find a great online investment that will earn you lucratively. Unlike properties, online business ideas require very little startup capital. Therefore, you have no reason why you should not start to earn money online today. Below are online business ideas that work well.

Paid Directory

Do you remember those yellow pages that you used to peruse as you search for a postal address? Forget about that conventional idea, it was good for that time. You can come up with a directory website that runs automatically. People add their details at a fee, where you come and approve them. Alternatively, you can automate the approval process.

eCourses

Websites such as Udemy.com are popping up every day. It is possible to earn money online by creating your own eCourse. You get paid for every person who signs up to take the class.

Create Apps

It is not a must that you be a skilled app developer to earn money through apps. You can look for freelancers who are willing to create the product for you. All you need is that great idea for your audience and find a coding expert to run it.

EBooks

It is possible to earn a passive income by publishing your own e-Book. Interestingly, you don’t have to write it yourself. There are many ghost writers out there who can deliver a great e-Book for you. Once it is ready, you can use Kindle to publish the e-Book for free. Besides you can do it on Amazon at a fee.

YouTube Channel

There is an increase in the number of Youtubers in the country and these people are making a kill out of it. What you need in this is come up with a popular topic and present in an interesting way that attracts people to watch. Ad revenue is usually the major source of earning.

Information Product

An information product teaches people how to do something. It is among the oldest forms of passive income. Find something that you love doing, are well conversant about and teach others about it.

Invest with fnfcom

First and Fast Capital international company is an online distribution system. It allows you to earn through bringing people on board. All you need is to sign up at fnfcom, pay a one-time member ship fee and activate your account. From there you earn a commission after completing a cycle of six people.

 

 

 

Fred Kabiru

Fred Kabiru is a content creator and SEO specialist. He is passionate and experienced about Business, Digital Marketing, News and Technology. He is a believer of content worth reading for a brand worth following.

 

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