#9 Start A Podcast
Podcasts are the new radio. And if you’re like me and have a face for radio, starting a podcast can be a great way of generating passive income.
A lot of people are utilizing platforms like YouTube to take a double arbitrage approach to podcasts.
By filming the podcast, they have an audio version that they can upload to streaming platforms, and a video version that they can upload to YouTube.
Most podcasts make money through sponsorships and affiliates. But if they’re popular enough, they’re making money off the YouTube platform too.