Do you want to learn how to make $4,000 a month in passive income?
It’s cool and it’s really possible. First of all, $4,000 dollars a month isn’t a lot of money. But it’s definitely something if it’s passive. And extra $4k per month passively can relieve a lot of stress. This means even while you’re asleep, you make money.
Recommended: How to Make $100k in 6 Months: 10 Creative & Realistic Ways
Right here in this article, you get to learn exactly how this is possible.
Let’s get started (no BS).
How to Make $4,000 a Month in Passive Income: 12 Real & Valid Methods
Start a Podcasting Channel
Have you ever heard of the word “Podcasting”?
Yeah it means to create content on a series of topics. It could be vodcasts or podcasts. Whatever it is, you’re going to get traction online. And with time, you’ll be able to monetize that traction. Podcasting is not an easy job.
You’ll need to edit your videos and have people on your podcasts so that they don’t turn out to be boring. Podcasting is very engaging when it has visual effects. This means you’re going to go viral easily with a vodcast channel rather than a conventional podcast channel.
With that said, follow the path of contemporary podcasting like what Joe Rogan does. And you’ll see money flowing in with time. Plus, this is one way to generate passive income up to $4k a month. Will be more if you keep at it.
Start a Blog
Blogging is what I primarily do nowadays. But then I trade the forex market from time to time. Then I go sightseeing. Before I ventured into sightseeing, I had no money. No money. No goals. But when I started blogging and I took it very seriously, things fell into shape pretty quickly.
In essence, blogging is a great way to make money. More so, it’s one of the best ways to generate passive income on the internet. You can sleep while making money.
Once your blog is all built up and solid, it becomes easy to incorporate any money making strategy that fits in and will sit well with your visitors. Blogging is difficult too. It’s not an easy task to create and grow a blog. It’s definitely not an easy task to get tons of traffic.
So, you’ll need to be patient. Making $4,000 a month passively with a blog will take some time. It’s all about staying consistent and staying focused. If you want to make money blogging, this is a guide you should read.
Course Sales
Selling courses online is one of the many ways gurus make money. But they never tell you about it. So, you want to make $4k passively in a month, then consider launching a course of your own. There are several ways to create a course.
Some methods will take more time than others. But it depends ultimately on the quality of the course you want to create. If it’s going to be a flagship course, then it’ll require more time and resources to create than a normal course.
Courses are long in length generally. So, consider spending a couple of days to weeks creating just one course. The good thing is; once you’re done with the course, you’re done with it – you don’t regularly have to create it for sale again.
That one single course, if well promoted, can bring in 100× and more of whatever you spend creating it. Moreover, there are tools on the internet to simplify the entire course creation process for you. These tools include Thinkific, Podia, and Kajabi.
Create a YouTube Channel
I’ll tell you from the very onset that starting a YouTube channel is simple but growing it is difficult.
Yes.
Your channel isn’t going to be the only YouTube channel in the world and you have tons of competitors – people doing what you’re launching a YouTube channel for. So, if you want to make $4,000 dollars passively in a month, you’ll need to stay consistent as a YouTuber.
Don’t post 10 videos and expect to go viral on YouTube. You could do that on TikTok. But not YouTube. Plus, you’ll also need to be endowed with some diehard video editing skills for your YouTube channel.
The more quality videos you create, the more YouTube derives pleasure in promoting your content algorithmically. You’ll earn from ads, product sales (if you have any), and by promoting affiliate products.
Developing a YouTube channel is no easy work. But you can make it work. There are YouTubers today that make more than $10k per month and even $100k a month doing what they love.
Give Your Car for Ride-sharing
Yeah. It’s possible to make $4,000 a month passively if you have multiple cars and you don’t really make use of all of them simultaneously. You can give them out to drivers to work for you. You can also rent your cars to services like Turo.
Doing this isn’t one of the most realistic ways to make $4k passively in a month. But it’s possible. Plus, you set your own rules and your own prices when listing your cars on Turo.
It’s a great place to get started if you have a bunch of vehicles laying around in your garage and you want to make some extra money. Don’t worry about security; Turo got that covered. Your chances of making more than $4,000/month passively are high.
Mobile App
Building a mobile app is expensive.
But you don’t have to be a programmer to get started. You also don’t have to be the next Mark Zuckerberg. You can just create a simple app, promote it and make millions of dollars every single year. Hey, it’s not anywhere close to being easy. It’s not a simple move.
And it requires lots of work from drafting the framework of the app to eventually marketing the MVP. It’s a lot of work and money. So, if you’re not a programmer, you’ll need to spend more.
If you’re a programmer and you’re good at coding or you have a friend who’s a programmer, then things could be easier. Making $4,000 a month with a mobile app is more than realistic. What’s unrealistic is the willingness on your path to venture this path of mobile app development.
You probably don’t have the funds or you probably don’t have the knack for developing mobile apps. But this is business. And as long as it’s going to make some money, your interest in this should be on steroids.
AdSense Arbitrage
Adsense arbitrage is a profitable online venture that can generate tons and tons of money for you passively.
I mean, it’s not a get rich quick scheme, but you can get rich quick if you have the working strategy. A lot of people don’t have a working model to start Adsense arbitrage. But if you do, then there’s no limit to the amount of money you can make.
The more money you pour into the business, the more money you’re definitely going to take out of it with a working strategy. Depending on the effectiveness of your Adsense arbitrage strategy, you can bag anywhere from 2× to 15× whatever you invest.
It depends on the niche you’re starting off from, the traffic sources and the cost per click on your ads. All of these add up to make up for more profit. So, if you want to learn how to make $4,000 a month in passive income, then Adsense arbitrage is definitely an option to explore.
Grocery Store
Do you know how much Grocery stores make?
Do you have any idea how much money it costs to launch one?
It’s a lot of money.
But then, if you’re able to start out something like this, then you’d probably be able to generate much more money than just $4,000 a month. If you want to make money, then you need to be willing to invest money too.
As for how much it’ll cost to start a grocery store, it depends on the size of the store you’re willing to start and also depends on the variety of groceries you sell. In all of this, one of the most important factors when it comes to starting an offline business like a grocery store, is the location.
The location of the business in the long run will determine the profitability of the business. So, you don’t want to start off from a very remote location. Whatever happens, pick the best location for the business.
Web Tool
You don’t have to become a programmer to own your web tool. But then you can make $4,000 a month in passive income if you have the capital to develop a web tool. You’re not going to be building the tool by yourself. Rather, you’ll hire a programmer to code you your web tool.
It’s all about solving problems at the end of the day. Think about a problem or a challenge web surfers have or a challenge in a particular niche, then you just have to build a tool to remedy or completely solve the issue.
The web tool can either be paid or free. If it’s free, then you’ll be making money off ads on your web tool. If it’s paid, then you’re probably going to make more money.
E-commerce
E-commerce is simply commerce but online. Online business; online shopping or simply online business. So, you can create your own store online and start promoting products you’d like to sell. You handle every aspect of the business – from acquiring the products and putting them online. And even delivering the products.
This is very profitable if you manufacture your own products and you’re able to make a huge profit margin from the sales. Wholesalers and retailers tap into the e-commerce feature of the web to reach a wider range of audience.
But you can do this too without being a retailer or an wholesaler. Making $4,000 a month in passive income can happen with e-commerce if you have a salesperson or a manager in charge of the whole process 100% while you deal with the monetary or income aspect.
Do Drop-shipping
Drop-shipping is a great business idea online, and it’s one of the best ways to make $4,000 a month in passive income. You don’t really need to do a lot.
From starting a store to promoting it; that’s pretty much everything you’ll need to do on the surface. Drop-shipping requires you to have a good experience or at least have a working strategy.
It’s all about creating a store and importing products from another (original) store to that store. Once you’re done importing the products you’d like to import, then you just have to promote your own store to get visitors.
With a deluge of people visiting your store, you’re going to make sales every day. The money comes from the price difference between the products on your store and the same products on the original store.
Recommended: 13 Genuine Side Hustles to Make $100k a Year
Own a Barbering Salon
With a barbing salon of your own, there’s every chance that you’ll make over $4,000 a month in passive income.
However, you’ll need to hire a couple of professional barbers to run your store for you. Launching a barbing salon is quite expensive. So, if you have the cash to do it, then that’s going to be one hell of a great decision.
It’s possible to make passive income with a barbershop but that’s only when you have a few professional barbers working for you. If you don’t want to hire good barbers, you can also start yourself; making enough money before hiring other barbers later.
How to Make $4,000 a Month in Passive Income: 12 Real & Valid Methods – Summary
In closing, some of the proven ways on how to make $4,000 a month in passive income include starting a barbering salon, drop-shipping, e-commerce, building a web tool, grocery store, AdSense arbitrage, mobile app development, ride-sharing, content creation for YouTube, blogging, course sales, and podcasting.
There are definitely other methods like owning a factory, but that’s an expensive fit. Choose one off this list and if I were you, I’d stick to whatever has to do with the internet.
