How To Make Money with
Passive Income and Virtual Services
So you want to make some more money? Who doesn’t? Some of the most popular ways to make money these days is freelancing, virtual services and passive income.
Freelancing can be in many different forms: writing, social media, artistic design, etc. The hustle I chose to explore was Virtual Assistant, personal blogging and passive income.
Now, as you may know, I have many years of experience in working in offices, and for lawyers, so I am very familiar with administrative work. However, that’s not all the parts of a VA.
Becoming a Virtual Assistant
In order to learn more, I signed up for Kayla Sloan’s TenK VA course, where she shows you the ropes of how to build a virtual assistant business, like she did, and how to earn $10,000 a month. If you want to do the same, you can sign up here.
Some of the ways you can be a VA are:
- Blog management
- Social media management
- Data entry
- General Administrative tasks
- Translation and transcription
And there’s a million other tasks that people need and want.
Kayla also gives you contracts and other documents you will need when working for yourself.
In just over 6 months, I have been a research assistant, a blog manager, a social media designer and manager using Pinterest and Tailwind, data entry clerk, freelance writer and a few other tasks. I’ve been able to find enough part time work to make $500-$1,000 a month so far, and that’s with a full-time traditional job.
I’ve found clients by becoming a member of the Canadian Association of Virtual Assistants and through Kayla’s wonderful program (she has a closed Facebook group just for sharing her job resources and referrals), as well as through networking with other personal finance bloggers.
Passive Income through Affiliates
Maybe you don’t have enough time to freelance, or you aren’t interested in the hustle of finding clients to do a lot of the piece work, and that’s ok, too. Have you discovered Passive Income?
Since you are on my blog, you know I enjoy writing. While I can tell you it’s hard work, and a fun creative outlet, it’s not an instant money-maker.
If you choose to monetize your blog, the easiest way is through affiliate income, and I recommend Michelle Schroeder-Gardner’s Making Sense of Affiliate Marketing course, which teaches you how to find affiliate partnerships and build your income. Michelle Schroeder-Gardner makes over $100,000 a month in affiliate income. Yes, a month!
Passive Income Without Blogging
But don’t stop there! Passive income is also a genuine way to build income. If you want to make money while you are sleeping, eating, vacationing, etc., then there’s one more course I’d recommend. Michelle Jackson’s Quit Your Clients is about replacing piece work (or not getting into it at all) with passive income, using channels you already have. She offers to work one-on-one with people during their course, and you can find more information here.
If you’ve been following my Side Hustle Showdown close ups, you are familiar with different ways to make money outside of a traditional employment. One of the featured methods was Kindle Publishing, and Michelle Jackson has mastered this hustle. She’s earned over $1,000 in two months with two self-published novels. Interested? Learn more here with her course on how to write for self-publication and to earn money passively.
Finally, if you are still looking for that passion project, I recommend watching the Side Gig Summit (Aug. 24 – Sept. 4). [If you’ve missed it, there’s an option to sign up for replays.] The Side Gig Summit explores all kinds of side hustles. I speak about property management, and there are 24 other speakers who share their stories. You can sign up here.
I am sure there is something here that will spike your interest, and I want to hear all about it. Comment below or reach me here and let me know how it’s going!
Is there a side hustle you want to hear more about? Let’s talk!
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