Do you want to know how to make money while you sleep in 2023? Imagine making money while sleeping; oh My God! It sounds so great. I'll show you.
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| 20 Ways to Make Money While You Sleep In 2023 |
20 Ways to Make Money While You Sleep In 2023 | digitalskillsguide.com
20 Ways to Make Money While You Sleep In 2023
"If you don't find a way to make money while you sleep, you'll work until you die"-Warren Buffett.
Do you want to know how to make money while you sleep in 2023?
Imagine making money while sleeping; oh My God!
It sounds so great.
Don't worry, it's very possible; I'll show you.
Making money while you sleep may sound weird because finding it while asleep alone is not easy; leave alone while sleeping.
Keep reading; you'll be able to have your option also.
The 20 ways to make money while you sleep in 2023
1. Blogging
Blogging is the best and sure way to make money while sleeping.
It may sound simple, but you’ll have to work for it first, then it’ll pay you as time goes.
Blogging won’t make you money quickly, but with time it’ll.
The most important thing is to ensure you have quality content that really meets the reader's target, SEO optimized, and set strategies of generating organic traffic like posting on social media, email marketing, etc.
Also, you’ve to set monetization strategies like affiliate marketing, selling your own digital products, selling ad space directly, sponsorships paid posts on review of others' products, Contextual ad feeds, etc.
2. Freelance Arbitrage
Freelance arbitrage involves seeking jobs from clients in freelancing platforms at a higher price, and then instead of doing it by yourself, you hire freelancers to do it at a lower price, and you earn the difference.
Therefore, freelance arbitrage makes you money while you sleep.
See Also: 32 Easy and Real Ways of How to Make Money Online
3. Affiliate Marketing
Affiliate marketing is another best way of making money while you sleep.
You earn money as commission from the sales of others products or services you market through your website or social media accounts.
To earn commission through affiliate marketing, you'll be given a unique link that you'll have to promote, and when someone clicks that link and buy, you earn a commission.
And the good thing about affiliate marketing is that you can have as many affiliate links as you want.
The more people buy by clicking your links, the more you make money while sleeping or not.
4. Sell Stock Photos
It sounds too simple, isn’t it?
Of course, selling photos online is not difficult.
Selling photos is a well-paid way of making money while sleeping.
One photo can sell up to $10 or more, and the same photo can be sold as many times as possible.
It’s crucial to pay attention to the most demanded type of photos like food, transport, nature, etc.
If you can take photos with high resolution, good composition & lighting, and high quality, nothing hinders you from making money while sleeping.
You can sell your photos on various websites like Adobe Stock, Gettyimages.com, ShutterStock.com, iStockPhotos.com, etc.
5. Buy a Laundromat
A laundromat is a coin-operated washing machine and dryers for public use.
As far as your Laundromat is self-service, nothing hinders you from making money while sleeping.
People come, they put money in and get their clothes washed and dried, while you sleeping when you wake up you just come to pick your money.
6. Let Someone Else Run Your Business
It's not a must that you should be physically present at your business for it to make you money.
You can hire someone else to run your business, and you make money from the earnings from your business.
This way, you'll be able to make money while sleeping stress-free.
You can also use an autoresponder to respond to emails and attend to your customers.
7. Write & Sell eBooks
You can write and sell your own ebooks and make money while sleeping.
Choose your niche and topic about something you like, then write and sell your book on Amazon Kindle.
You can also sell your book on Gumroad, and you can even give affiliates to people to help you market it, and they earn commission from the sales.
You can also sell your ebook in your blog or offer it for free as a lead magnet to drive traffic to your blog or site.
8. Sell Online Courses
Selling online courses is the best method of making money while sleeping or anytime.
You can create your online course on a particular topic that you're competent in and sell it on platforms like Udemy, Teachable, or Kajabi.
After you’ve created it, what remains is making money only, unless it becomes obsolete and you’ve to update the material.
9. Buy Stocks That Pay Dividend
Buying a stock that pays dividends is the definite way to make money while sleeping.
You have to buy shares from a company that performs well in the market, and you'll be receiving dividends.
What's crucial is to ensure the company you're to buy stock from is stable economically, and you're sure it'll be making a profit in the good number of years to come.
Intensive research is highly needed before investing in stocks.
10. Sell an App
You can make money while you sleep by selling an app.
If you’re good at programming, you can make it yourself, or you can decide to hire someone to do it for you.
It's crucial to do research to be sure your app is highly needed in the market and be sure you can sell it.
You can also make good money through running ads or in-app subscription fees.
11. Open a High Yield Savings Account
It sounds strange, isn’t it? Getting paid for saving your own money?
High yield savings accounts pay you money while you sleep with no hassle at all.
It pays higher interest rates than the regular savings account, and it's a risk-free and stress-free investing method.
You only need to do intensive research to know the bank that provides higher interest rates.
12. Vending Machine Business
A vending machine is an automatic machine that provides you services like beverages, cigarettes, sweets, snacks, and lottery tickets after paying through a credit card, cash, or other means.
Your vending machine doesn’t need your presence to operate.
People continue to buy, and you make money while sleeping or doing something else.
20 Ways to Make Money While You Sleep In 2023
13. Real Estate Investing
Wondering if real estate can make you money while you sleep?
Yes, it’s possible and the more relaxing way.
And the good thing with real estate is that it keeps on appreciating; rarely does it depreciate.
If you're to sell it after a while, you make money.
But the sweet money you make while you sleep is the rental fees that keep coming stress-free every month.
14. Get Paid to Sleep
You get paid by streaming yourself sleeping on TikTok while sleeping, and you can get paid.
Getting paid to sleep to testbeds or mattresses can also make money while you sleep.
Participating in sleep studies or research can also make you money while sleeping.
15. Create Paid Membership Community
Paid community membership communities are online social groups where members have to pay annual fees to become a member.
Members are willing to pay because of the opportunities they benefit from that particular group.
For example, training, sharing ideas, networking, job opportunities, etc.
The founders of those groups make money while sleeping stress-free.
16. Webinars
You can make money while sleeping through recorded webinars.
Record a free webinar and post it through social media as an ad, and whoever has to sign up for that webinar will have to pay before listening.
So anytime anyone signs up, you make money.
17. Start a YouTube Channel
Starting a YouTube channel is among the ways to make money while you sleep.
A YouTube channel can be hectic to start at the beginning due to preparing the videos.
But after some time, when you have managed to create enough videos for your channel, next is making money.
It’s crucial to ensure you have quality videos centered on your niche and don't forget to optimize your content to increase the number of viewers hence money earned.
You can also make more money through ads or affiliate marketing.
18. Dropshipping
Dropshipping can make you money while sleeping, and a minimal amount of capital is needed.
It involves having an online store whereby you don’t need to hold inventory.
When someone buys from you, a third party will ship the product directly.
It's necessary to ensure your third party is trustworthy to not damage your stores' reputation with poor-quality products.
19. Peer-to-Peer Lending
You can make a good amount of money while you sleep through peer-to-peer lending.
This involves providing loans to your peers; they come to you instead of going for loans in banks.
And to attract them, you should charge fewer interest rates than banks and put lesser restrictions.
20. Sell Ad Space on Your Car
You can make money while sleeping by selling ad space on your car.
Businesses will pay you when you allow them to put their ads on your car.
How wonderful, you make money simply by just allowing a piece of sticker on your car, so great!
Conclusion
Who doesn’t like to make money while sleeping?
Warren Buffett once said, "If you don't find a way to make money while you sleep, you'll work until you die."
This is a wake-up call for you; you should think of what you'll invest in that will make you money while you sleep in 2023.
The Ball Is In Your Court!
