Are you a techie and working at an office? You must work from 9 AM to 5 PM as it’s the standard time-frame for techies like you all over the world. however, private firms have to toil harder than any other sector and its employees can’t leave the office without completing at least ten to eleven hours.
If you don’t want to spend the rest of your life working sixty hours or more every week, then his topic is a must-read for you.
Freedom is crucial to every human being. Without, life itself becomes meaningless and tiresome. Then again, you can’t neglect the importance of money. You can’t survive without it. Fortunately, there are enough ways for you to earn money passively.
You may also become an entrepreneur who provides multiple services. Since you are a techie, your knowledge will prove immensely helpful in such ventures. Indeed, passive income business ideas are so intoxicating that it can easily turn into an obsession.
However, some people believe that passive business ideas don’t involve doing anything. That is why you need to understand the meaning of the word “passive income.” Active income incorporates working every day at an office by giving up your free time to earn money.
If you don’t show up at the office for any reason, then you won’t receive payment. Passive income, on the other hand, doesn’t require you to work actively. While you have to do some upfront work, the amount of work lessens with time but your income doesn’t.
Of course, passive income can also come through online business ideas where you will work almost as much as people earning actively, but you won’t have to sacrifice your freedom. Here are a few small business ideas that are perfect for techies and they can yield ample income too.
1.Writing blogs:
As a techie, you probably read many blogs during your time as a student
and when you worked at an office. Blogging happens to be one of the best home business ideas as it is an excellent way to share knowledge, learn new things, and connecting with like-minded people.
Is it possible to earn money by writing blogs? Indeed, as there are hundreds of bloggers all over the world who have been earning huge sums of money through advertisements, paid product reviews, etc. Of course, you need to have a knack for writing.
2.Writing eBooks:
Are you searching for passive income strategies to start an online
business? Then, you may consider authoring eBooks. Just like blogging, you must enjoy writing. Otherwise, you may lose interest in this profession.
You should also be able to explain complex concepts easily and understandably. You can also become a renowned author if you can self-publish books on Amazon for its product called Kindle.
The best place to start would be to write guidelines regarding technology that you are familiar with.
3.Creating video lessons:
Another one of the best business ideas to make money is to create video lessons for educational platforms. It is a great source of earning money passively for techies.
You can upload videos without paying for it on educational platforms or even sell those video courses for an amount of your choice. These educational platforms let you keep almost 70% of the sales price while retaining 30% as commission.
As you can see, this particular business plan is highly lucrative as many youngsters use educational platforms globally.
4.Chatbot creation:
Among website business ideas for techies, chatbot creation is probably one of the best professions through which you can earn passively. At the present moment, every business organization with an online presence requires chatbots.
Chatbots provide opportunities to companies to engage with their clients, accumulate data, and improve their marketing as well as customer care efforts. You can start a chatbot creation business easily and quickly.
This business idea is also suitable for non-technical people as you won’t require the knowledge of coding.
5.Website development:
Being a website developer is undoubtedly one of the best website design ideas for business, especially if you are a techie. Signs of digitization are everywhere and every business firm needs a website to drive traffic to make sales.
You have the skills to create websites because you are a techie. Therefore, the doors to an immortal industry are always open to you. According to experts, almost 500 to 600 websites hit the internet every hour.
Naturally, you should be able to contemplate how profoundly important your skills are.
6.Mobile app development:
Finally, if you are an expert in mobile application development, then mobile app development for passive income should be your bet. You have to be proficient at the task; otherwise, your app will fail to make money.
You already know that Google Play Store hosts android apps while Apple Store hosts iOS apps. Now, the Apple Store is much more stringent about inspecting the apps created by developers before making them available for users to download and use.
While you get loads of opportunities in making money through creating a mobile application for a small business idea, failure can prove detrimental to your confidence and efficacy.
Final Words
Indeed, it does seem daunting to leave your 9-to-5 job that generally ends up 9-to-9. However, if you show that courage, you will give yourself a newfound level of freedom while doing something that you are passionate about.
The arrival of the internet opened doors. Previously, people used to frown upon those who stayed at home even when they earned money.
Fortunately, almost everyone recognizes the opportunities created by the world of the web. If you can perform well, then your passive income job will keep you occupied throughout a day while allowing you to earn enough to lead a respectable life.