How to make money while sleeping over $1,000 per month? Top 10 best ways

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How to make money while sleeping over $1,000 per month? Top 10 best ways

Are you looking for the best ways to make money while sleeping? This article is for you

When I was getting started never did I believe that it can be possible for me to make money while am sleeping

But now I know it is possible if I a normal guy from Africa can do it, how about you?

You don’t need any fancy degree, computer or skill to get started, all you need is to get started with the little you have

So is it possible to make money while sleeping?

Yes it is, by the end of this article you will have chosen the best method for you to make money while sleeping

To make money you need to be exchanging value, the more value you provide in the market, the more money you will make

To make money while sleeping you need to have a business model that is scalable, you need to create something once and sell multiple copies on autopilot

Without further ado let’s get started

Make money while sleeping: Start a blog

Starting a blog is one of the best ways to make money while sleeping, all you need is to create ever green content once and this content will keep generating revenue for you from time to time

To start a blog you only need a domain name and web hosting and all these can cost you less than $3/month

A domain name is the name of your blog, it is a unique address that people will use to arrive at your site while web hosting is the server space where your website files will be stored and brought to your audience online when they search for it

The following are the basic steps that are needed to start a blog:

  1. Choose your niche
  2. Purchase web hosting and domain name
  3. Install wordpress
  4. Install a theme and plugins
  5. Create most relevant pages on your site
  6. Create content
  7. Promote your content to bring traffic to your site
  8. Monetize your traffic
  9. Congratulation, you’re on the path to making money while sleeping

Starting a blog opens to you several ways of making money while sleeping, It is the foundation to making money online

Ever had online entrepreneurs earning over $100,000/month

Guess what do they have in common?

They all have a blog

A blog offers you an opportunity to provide value to your audience which helps you to create trust and attention that result in several other methods of making money while sleeping

How does a blog make you money while sleeping?

  • Advertising
  • Affiliate marketing
  • Sponsored posts
  • Courses
  • Ebooks

With advertising, companies and brands will come to you requesting you to offer ad placement on your blog so that they can expand their market outreach

The amount to charge these brands will depend on your niche and the number of views you can create for them

You can also use google ads or premium adnetworks like ezoic, mediavine, monumetrics or adthrive to press adverts on your blog

These companies will pay you per 1,000 views or impressions

The payment may range from $0-$60 per 1,000 views; this will depend on your niche and the nationality of your audience

Make money while sleeping through affiliate marketing

Affiliate marketing refers to selling other people’s products to earn a commission whenever a sale is made

Affiliate marketing offers you an opportunity to make money while sleeping without requiring you to create your own products or incur shipping costs

To make money with affiliate marketing you need to have a royal audience that is willing to purchase products from you

To make good money you need to choose your niche, a niche is a specific topic or type of product you want to promote

You should promote products which you have used and fully trust

The best affiliate marketing niches include:

  • Personal finance
  • Business
  • Creditcards
  • Software
  • Travel

We have created helpful resources to help you get started with affiliate marketing you need to see them here

Make money while sleeping: Create and sell online courses

Selling online courses is a great way to make money while sleeping, all you need is to create a course once and sell it several times to individuals on Autopilot

You can sell courses directly on your website using tools like thinkific or teachable

Or

Create and sell courses on udemy and skillshare, these companies will pay you royalties’ basis on how many people have viewed your courses

Online courses are great for making money while sleeping

Many course creators are making over $100,000/month from selling courses

To benefit from online courses you need to have a skill that people are interested in learning

Make money while sleeping: Create and sell ebooks

Do you have a skill that you can turn into an ebook? If yes: this is an opportunity for you to make money while sleeping

You can create ebooks on literally anything and sell them on online book stores like Amazon, Bookbaby, and Lulu

What skills do you have? Can you teach that skill via text? If yes this is for you

Make money while sleeping by starting a YouTube Channel

Starting a YouTube channel is a great way to make money while sleeping; all you need is to create good quality videos on something which people are passionate about

To start to make money, you need 4,000 watch hours and 1,000 subscribers all attained within a period of one year

To succeed on YouTube, you need to choose your niche i.e. a specific topic which you’re passionate about

The best niches on YouTube include:

  • Personal finance
  • Business
  • Software
  • Entrepreneurship
  • Content creation
  • Video production
  • Etc

How to make money on YouTube while sleeping?

  • Google ads
  • Advertising
  • Sponsorships
  • Affiliate marketing
  • Memberships
  • Donations
  • Courses

Let’s look at google ads

Youtube will pay you per 1,000 people who view ads displayed on your videos

Make money while sleeping by investing in stocks

Stock investing is one of the great ways to make money while sleeping, all you need is to invest in stocks that have a track record of paying dividends to their shareholders

The best stocks you can start with include:

  • Robinhood
  • Webull
  • Johnson and Johnson
  • Etc

Invest your money in crowd funding real estate

Crowdfunding offers an opportunity for people with a limited amount of money to invest in real estate

It is where people contribute money to invest in a real estate portfolio

The best crowdfunding site includes:

  • Fundrise

Make money while sleeping: Build rental property

Building rental property is a great way to earn money while sleeping, all you need is to construct buildings once and collect rent from your tenants on a monthly basis

Make money while sleeping by developing software

Developing and selling software is a great way to earn money while sleeping, all you need is to create the software once and sell multiple copies to your customers without incurring any shipping cost since it is done automatically

Point to note: Your software should solve a problem that your audience is facing

Examples of multi-million dollar software include:

  • SEMRush
  • Convertkit
  • Ahrefs

Build an ecommerce website

An eCommerce website is a website that sells products online, products can be physical or digital

Examples of billion-dollar eCommerce websites include:

  • Amazon
  • Ebay
  • Clickbank
  • Alibaaba

This is a billion-dollar industry to join

Make money while sleeping by Starting a niche website

 A niche website is a website that contains information about a specific topic or products

A niche website will earn you money through:

  • Affiliate marketing
  • Advertising
  • Sponsorships
  • Courses
  • Ebooks

The sky is the limit

Conclusion:

The following are the best ways to make money while sleeping:

  1. Start a blog
  2. Start an ecommerce website
  3. Develop software
  4. Crowdfunding
  5. Investing in stocks
  6. Online courses
  7. Ebooks
  8. Affiliate marketing
  9. Start a YouTube channel
  10. Start a niche website

Have you been inspired by this article? Share your opinion with us in the comments below