How To Create A Passive Income Stream The Ultimate Guide to Starting Your Side Hustle From The Comfort Of Your Home

Finally, shut downs because of Covid aren’t a thing anymore. So going back to the office is a new thing for most of us in a hybrid schedule. But most of us have made working from home a full-time thing. If you are in the office and dreaming of working from home

Step 1: Choose a Business Idea

A lot of us entrepreneurs will always overthink this step! because we want to follow the shiny object syndrome. but the truth is that if you want to make a passive income stream, you have to start with something that you are passionate about. Maybe you are a stay-at-home mom or dad and don’t feel like leaving your kids all day. then start looking into educational opportunities like webinars and courses. Maybe you love scrapbooking and want to create an online course teaching people how to do it. There are so many ideas out there! Just be sure to do your research first and find something that interests you.

Example: I am a huge fan of starting YouTube channels on subjects that I have an affinity for, and creating videos based on the topic is always rewarding. Moreover, I have come across an extremely useful tool that allows me to create content instantaneously – all without having to use my face or voice! All that has to be done is conduct some research regarding what aspects of the subject one wishes their video would cover; moreover, with only a few clicks either using my tool or doing it manually myself everything can be accomplished in no time!

Step 2: Choose Your Tools

After choosing your business idea, it’s time to select the tools that will aid you in success. Innovation and progress have revolutionized modern business and offered entrepreneurs greater convenience in completing tasks more quickly. I am particularly enthralled by “Pictory.ai“(Full disclosure – I earn a commission if you purchase), an app capable of automatically creating high-conversion videos with stock footage plus music along with voiceovers; all within minutes! If you wish to witness this remarkable application in action, make sure to check out my video on YouTube: voyaging through Pictory.ai – a journey into its capabilities!

Step 3: Do Your Research

So if you are making a youtube channel without showing you’re facing or even using you’re voice. I would recommend looking at the google trends website where you can see for free what’s popular in your niche. What kinds of questions are your potential viewers going to be wanting to watch?

Ask you’re self questions like What is a pain that my followers need answering to?

Is there a common question being asked in the “Comments on other youtube channels in my niche?”

Are you looking to generate some inspiration and generate research into what your videos will be about? Or perhaps, are you simply curious as to what kind of content they should take on? Either way, these questions could provide the spark that ignites your creative juices!

Step 4: Create a Marketing Plan

Ok, now that you got you’re video tool ready to go. And do some research on what each video is going to be about. I would start posting on youtube shorts and also create long-form videos on youtube. The youtube shorts is definitely going to drive traffic to your youtube channel because all the social platforms are wanting to compete in this new short-form video platform. Thanks to TikTok!

Tip: By creating your long-form videos you can use Ai tools like Chopcast (Full disclosure – I earn a commission if you purchase) which turns podcasts, long form videos into small youtube shorts or tiktok videos that you can post on you’re social media platforms like Instagram reels. This ai app does the long work for you in minutes and you’ll be posting your video clips on all social media driving even more traffic to your youtube channel.

Step 5: Set Up Your Link in Bio Tool using Ai

Typically our first reaction to getting our business up and running is to create a website. Which is still a good Idea. But if you don’t have the technical background to create a website you can create a free account using Beacon.ai. That app is an app that allows you to create a link in your bio on your social media platforms and will be a page that all of your followers can view and you can post links to your website youtube channel and other social media platforms you are on.

This is a great way to keep your followers up to date on what you’re doing and give them the ability to purchase products or services that you are promoting.

Start Making Money!

Creating a passive income stream from the comfort of your home is a great business to start. Follow these 5 steps and you’ll be on your way to success. Remember starting a passive income stream doesn’t have to be difficult but being consistent is key to making it work for you while you sleep. Thanks for reading!.