#18 Create An App
Now, before you disregard this one altogether because you’re not techy enough, hear me out. Creating an app is a great way to build passive income.
People use apps every day, and apps serve a variety of purposes.
If you have the technical knowledge to build the app from scratch, this is a good opportunity for you to use your skills. But even if you don’t, it doesn’t mean you’re out of the race yet.
All you really need to create an app is a great idea. If you have an idea for an app, all you need is to find someone who has the technical understanding to help you create it.
Maybe you give them a portion of the profits for helping you create the app, but essentially, once the app is created, you just sit back and let it bring in money.
The better the idea and the more you market the app, the more potential it has for generating passive income.