10 Passive Income Ideas To Make Money in India

The second wave has impacted the Indian economy. It in indeed time like this we need to create multiple revenue stream while being able to work from home. So lets learn secrets to Passive income ideas in india to make you generate cash flow in the future. 

With this pandemic, the unemployment rate in India is increasing. This is your chance to get on board to play the Big game I call ‘ TheGameOfPi’. I believe each one deserves to know how to set themselves financially free. 

The best thing about passive income is that you can have money coming to your account while you still could be working in a full time job. Treat this as your insurance plan to bring a security for yourself and family. 

It doesn’t cost you lot of money, but surely your time needs to be investment.

You would never regret playing the game of passive income as you will soon realise this helps in retiring early. It’s never too late. 

I often tell it is not the idea, but the execution that matters. 

We all know passive income is a great idea, but it is equally important you stick to the goal and execute the best. 

I will take you on this journey to make cash flow with building passive income stream. Most people think that passive income is about getting money without working for it. Remember this is not a get-rich-quick scheme. This is real work. It can be hard and painful too, but if you do it right, there is everything beyond freedom. 

Also, it is not the one time work that pays you for this Pi, but it is constantly maintaining the vehicle you build for the future. It is important you build this machine that is well serviced regularly and yield income for the future. 

Remember, if you’re committed to this game, it can be a great way to generate passive income and you’ll create some extra financial security for yourself along the way.

10 Passive Income Ideas To Start Making Money in India

If you are ready to take on this game to creating a passive income stream, read these 10 ideas and learn what it takes to be successful, while also understanding the challenges associated with each idea.

1. Write a blog 

The best thing about blogging is anyone can start writing. I often see people take up their passion as a topic and turn it into a blog. 

For example: You could write about travel, photography, tech, inspiration, dance , art, business, marketing, sports, news, entertainment etc.  

Find a popular topic, from the top niche and become an expert on it. At first you’ll have to write content to draw an audience, but it will take time. Once you see gradual increase in traffic to your blog, it can create a steady income stream over time, as you become known for your engaging content.

Idea : You can start blogging almost free by using the low cost platforms available, then use your valuable content to build a follower base. The more unique your content is or area of interest, the better following you can expect. 

Challenge : This is a long term project and you need to have consistency.You will have to build content on regular basis which takes time. And you’ll need to be really passionate about the idea, since that can help you maintain the motivation to continue, otherwise most people give up in between. 

2. Build an app

If are are tech savvy person, you can get started by building an app by yourself. It requires domain knowledge and expertise to build one. Even if you don’t know, the game here is to have a valuable idea that solves a very important problem for people, build one such app by finding a right freelance resource.

The idea is that your app can drive downloads which means data. This data helps you to monetise with partners interested in your space. 
This could also mean building a gaming app on mobile which will drive massive consumption so you generate passive money with ads sponsors. Once your app is public, users download it and you can generate income.

Idea: This is the future. Each person spends an average of 4 hours on the mobile daily. An app is huge idea, if you can design something that catches the interest of your audience then you can generate income from in app purchases and ads. 

Challenge: The biggest risk in this space is that there is a lot of competition. You need to invest time and money. There is no assurance to have income if there are not enough downloads. You have high risk of being unprofitably. Be sure before venturing into this. 

3. Launch your YouTube channel

Just like blogging, you can quickly launch your channel on You tube and start making videos. Your passion needs to have a language that connects with your audiences. Some people ask me, does it need to be only in English? Not really. Vernacular content is growing huge in India, you will have your niche audiences that will drive traffic. Play the game you best know, in the language you best speak. 

Opportunity: You can leverage You tube platform free and create great content to build a following. The more unique your voice or area of interest, the better it is to grow your subscribers. Viewership is important. Use video making tools available to begin before going pro version.

Risk: This is a long and tedious process. The challenge is to get viewers to come back often. If you don’t have valuable content, you will struggle. The competition is going to be huge, stay focussed otherwise you will lose a lot of time. 

4. Affiliate marketing

India’s Prime minister Mr. Modi recently announced ‘ Digital India ‘ campaign. This was a major move for the digital revolution in India. 
Now most businesses which were offline, all started moving online. E-commerce giants like Flipkart and Amazon are shipping more than ever. Newer startups in internet space boomed like Zomoto, Swiggy, Dunzo etc. 
With affiliate marketing, these online website owners, bloggers or social media influencers promote a third party’s product by including a link to the product on their site or social media account. 

There are a lot of top affiliate partners like Amazon, Awin and ShareASale. With more social media platforms available the influencer community seams to be doing joint marketing affiliate sales largely. This has been working for a lot of top brands and has been cost effective too. 

Also, as a blogger if you have a niche target audience, there are a lot of brand which pay you good amount for sales or clicks you generate to redirect to their website. Thus, giving you the reason to believe building a passive income stream using affiliate link is there to stay. 

Idea : Your content will drive visitors to your site. This gives you the opportunity to create links which when the visitor clicks and makes a purchase from the third-party affiliate, you earn a commission. These commission range from 2 to 10 percent, so you will need a good amount of traffic to your website to generate big cheque. Also you can grow your follower base or have a niche (such as tech software, financial industry, golf or fitness), you may be able to make some serious money. 

Challenges: This seams easy but it is tough. It takes a lot of time to build a traffic to your website or also follower base. You have to build a very strong content pipeline on consistent basis. And then have to market right to attract the audience to your site. There is a lot of competition in this space, you can get burnout soon. So, it’s important you prepare yourself for all adversity.

5. Rental income

I have seen my dad do real estate. But that did not excite me as much since it was largely buying and selling of property. But once Airbnb happened, my approach to real estate changed.

Investing in rental property made perfect sense to earn passive income. It surely needs a lot of smart choice in terms of location, cost and maintenance. But if you get it right, you keep counting money. 

You need to take time to learn how to make your business profitable. Or you have the risk to lose your investment. Do what you most believe in, start small. Taste the model before scaling. 

Idea: Create passive income stream from rental properties. Remember, this is purely an investment and ROI game. Ask few right questions before getting started. 

  • What does it cost to buy a rental property?
  • Expenses involved to maintain & manage the property?
  • The risks involved in the deal?
  • Income estimates for the rental?
  • How much return on the investment can you get?

Challenge: There are a few questions to consider: 
Is there a real market for your idea? 

  • What if you get a tenant but is not able to pay / or will pay late ? 
  • If the tenant damages the property? 
  • Scenario where you’re unable to rent out your property? 
  • The terms of the agreement ?

Knowing that the pandemic is around us, it is even bigger concern. Due to the economic downturn, you may suddenly have tenants who can no longer pay their rent, but your outflow will continue. You don’t want to be in a loss business. So weigh your options and be realistic about your goals. 
The real downside here is that you can outlay a bunch of your time and resources, with little to show for it, if there’s limited interest in your subject or niche. Your area of expertise may be too niche to really draw a profitable audience, but you won’t be sure of that until you experiment.

6. Peer-to-peer lending

The lending business has been for a longest time. We have seen many startups who have come in this space. A peer-to-peer lending (P2P) is a personal loan made between you and a borrower, facilitated through a third-party intermediary such as Faircent , Rupee Circle, Lendbox, LenDen Club, Funding Circle etc.

Idea: If you have the money to lend, then you earn income via the interest paid on the loans.You can invest smaller amounts too with these platforms. You earn approximately 8-10% returns pa as assured by these partners, but remember there is risk too.

Challenge : P2P lending is risky. It takes time to learn the metrics involved, so it’s not fully passive, as you want to carefully invest the money to the right borrower and because you’re investing in multiple loans, you must have good payment collection systems. Usually, to make it passive you keep investing back the profits earned via interest back into the system. This is a long term game. 

Your recovery rate is very important. Understanding the times of covid there is likely to be high default rate, this can hurt your business. So, find partners who underwrite min returns on contract. Don’t lend without contracts, you might not get your money back. 

7. Invest in stocks

Did you know by being a shareholder, you receive a payment at regular intervals from the company with dividend-yielding stocks. Companies pay cash dividends on a quarterly basis out of their profits, and all you need to do is invest to own the stock. Dividends are paid per share of stock, so the more shares you own, the higher your payout.

Opportunity: Since the income from the stocks isn’t related to any activity other than the initial financial investment, owning dividend-yielding stocks can be one of the most passive forms of making money. The money will simply be deposited in your brokerage account. You need to have a demat account, that’s it.

Risk: Remember this comes with risk too. Because you need to know which stocks to buy. So, learn the art of investing by reading well about the companies.

“You have to invest atleast 3-4 weeks to study the stocks you want to buy. Visit the company’s website and be comfortable with their financial statements.

If you don’t have time to learn the individual stocks then I suggest you go with exchange-traded funds, or ETFs. ETFs are investment funds that hold assets such as stocks, commodities and bonds, but they trade like stocks.

8. Invest in a FD or savings account

Investing in a high-yield certificate of deposit (CD) or savings account at an online bank can allow you to generate a passive income and also get one of the highest interest rates in the country. You won’t even have to leave your house to make money.

Banks are highly regularised so your money is often safe but scenario like Yes Bank, things can get ugly. Often keep with banks that are more reliable and have a good reputation that just those who promise to give higher rate of return.

9. Write a book / Be an author
Digital is the future. You see the massive adoption of mobile phones and access to internet even in rural india which has opened up great opportunity to digital creators. The numbers are astonishing. 
Understand that your knowledge can be productised to creating information guide, such as an e-book, or an audio podcast or video course. 
This can be then uploaded on various platform where you can generate income from every sale. Can you feel the money flowing into your account on a daily basis? Yes, that is what I call Passive Income. 

Idea: Create digital products which can deliver great income flow, because you make money easily once the product is ready for sale. Build Once, Sell twice. 

Challenge: It is tough. It takes a lot of effort and time to create the product. You need quality content. If people do not see value, it is treated as trash. You don’t want to be there. 
Once you master the business model, you can generate a good income stream by creating more quality digital products. Start now.

10. Create your own digital content
Digital is the future. You see the massive adoption of mobile phones and access to internet even in rural india which has opened up great opportunity to digital creators. The numbers are astonishing. 


Understand that your knowledge can be productised to creating information guide, such as an e-book, or an audio podcast or video course. 
This can be then uploaded on various platform where you can generate income from every sale. Can you feel the money flowing into your account on a daily basis? Yes, that is what I call Passive Income. 

Idea: Create digital products which can deliver great income flow, because you make money easily once the product is ready for sale. Build Once, Sell twice. 

Challenge: It is tough. It takes a lot of effort and time to create the product. You need quality content. If people see no value, it is treated as trash. You don’t want to be there. 
Once you master the business model, you can generate a good income stream by creating more quality digital products. Start now.

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