The easiest form of passive income I've found
Oliur Online・2 minutes read
Starting with social media content creation, the individual transitioned to selling digital products like Lightroom presets, making $165,000 on Payhip and $30,000 on Gumroad in 2023. Despite switching platforms for cost efficiency, the Gumroad profile still earned $330,000, showcasing the potential of passive income through creating and marketing digital products.
Insights
- Building an audience from scratch is crucial for transitioning from social media content creation to profitable digital product marketing, emphasizing slow progress in mastering content creation and product development.
- Marketing digital products is a highly passive income stream that can generate revenue over time with minimal initial investment, contrasting with traditional investing, such as stocks and shares portfolios, highlighting the longevity of products like wallpaper packs, Lightroom presets, and icons.
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Recent questions
What is passive income?
Passive income is money earned with minimal ongoing effort.
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