| There is no "best" method for passive income. And I don't think "passive" income really is that passive either. But, my experience:
I made a really niche eBook, about Web scraping with Java: https://www.javawebscrapinghandbook.com Writing the book was the easy part, I've been doing scraping for years. The most challenging part was ... marketing of course! I wrote 6/7 blog posts about this subject. In each blog post, there is a paragraph that talks about the book. I shared those blog post to my mailing list and on Reddit/HN (I didn't get any upvotes on HN...). Now I have ~10 000 visits a month on the blog, 80% comes from search engines. Out of these 10k visits, about 200 visit the book sales page, and I sell 10-15 copies a month for ~ $400-$500. It is not that passive because I have to fight to stay on the first 3 links for terms like "java web scraping" so this mean regularly upgrading my content etc. If I don't do this, my rank will slowly decrease on SERP and the sales too. I was 24 when I wrote the book, I'm not even a native English speaker, you can do it :) If you go this way, test your idea by blogging around a subject, and you will quickly see if people are interested by this subject or not. Good luck! |