I live in Berlin, Germany. I'm struggling with my current income and I would like to make passive income, would you please suggest some realistic ideas?
Ask HN: How to Make Passive Income?
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Re: Ask HN: How to Make Passive Income?
#2A round up of previous discussions on hn was posted recently. You might find it useful: https://news.ycombinator.com/item?id=29855402
Re: Ask HN: How to Make Passive Income?
#3Get someone rich to give you a bunch of money.
Re: Ask HN: How to Make Passive Income?
#4For this question to be answered, it would help to know your area(s) of expertise.
Re: Ask HN: How to Make Passive Income?
#5The theory is simple:
1. find a profitable niche
2. solve a problem for that niche
3. do marketing in that niche to get people to pay for what you've done
In practice, making a passive income is tough and it's way easier and faster to be working for someone else. If 0.1% of my users would be customer I would be doing much better than my day job, until then I'm in the marathon of bootstrapping my business. Good luck!
Re: Ask HN: How to Make Passive Income?
#6Make a lot of money and buy stocks. This is the easiest approach.
Re: Ask HN: How to Make Passive Income?
#7A round up of previous discussions on hn was posted recently. You might find it useful: https://news.ycombinator.com/item?id=29855402
Very useful, thank you!
Re: Ask HN: How to Make Passive Income?
#8Money don’t grow on trees.
If there was a magic way to make money without work, everyone would be doing it.
Re: Ask HN: How to Make Passive Income?
#9Having been super broke in the past, I’d recommend increasing your primary income first. It’s infinitely easier to have one good paying jobs than two low paying jobs.
Re: Ask HN: How to Make Passive Income?
#10Money don’t grow on trees. If there was a magic way to make money without work, everyone would be doing it.
There are people who make passive income. Not everyone makes passive income. Your reply is meaningless.