Here are some of the main types of passive income:

1. Royalties – You earn ongoing payments from content or intellectual property that you created. Examples include book royalties, music royalties, patent royalties, etc.

2. Dividends – You own shares of a company that pays out a portion of their profits to shareholders on a regular basis. Dividend payments can continue as long as you hold the stock.

3. Rental income – You rent out real estate property such as apartments, houses, or commercial space. The rent checks come in on a regular basis with little additional work required.

4. Interest income – You have money in interest-bearing accounts such as savings accounts, certificates of deposit (CDs), or bonds. The interest accrues automatically.

5. Business revenue – You own a business that continues to generate money while requiring little ongoing effort from you. This could be things like an online store, SaaS company, etc.

6. Affiliate income – You earn a commission from recommending or selling other companies’ products through an affiliate link. The income comes in whenever a sale is made through your link.

7. Online courses – You create an online course and sell access to it. The course continues to generate sales with little additional work from you.

8. Exclusive content – You create and sell digital products like eBooks, audiobooks, templates, etc. Once created, the products can generate passive income for a long time.

Those are some of the major types of passive income. Some require more upfront effort than others, but the goal is to create revenue streams that continue to make money with little ongoing work.

9. Create your own website, email list, and email funnel. One of the best ways to create passive income is by selling your products or your own Ideas.

For example I created this book The Grid. It talks about how I got to be where I am in my thinking!

Change how you think.

Society programs us to think in a certain way, below is a link to my book “The Grid”

I cover how to unlock your brainwashed ideas and programing and create our own world