What is passive income? Normally, when you need a little extra cash, you’ll pick up a few more hours of photography work, but there’s a way you can make money without working any extra time at all. Passive income comes while you’re sleeping or at your studio because it comes from tiny sources that slowly grow.
- Put Your Photography to Work on the Web. Certain websites are made for people like you who want to sell items as a side job. They give you a platform to sell your photographs, and only take a small percentage from your sales as a fee for using their site. Don’t worry though, you still make a majority of the profits! Selling one image over and over can rack in hundreds of dollars without having to do anything except for posting on the website.
- Write an eBook. This form of passive income can be hard work at the beginning, but once the book is written and released, it will provide you with income for years and years. Think of skills you can teach or processes you can explain, and start to writing!
- Sell Your Own Products on the Internet. The internet is broad and infinite, and there are tons of ways to make money with your photography. Consider adding your photos to novelties like playing cards, mugs, keychains, t-shirts – really anything you can think of, and get selling!
Check out the full article on Good Financial Cents to get even more ways to make passive income! Don’t forget to join Professional Photographers of America to get the latest tips and news in the world of photography!