Guys.
So I was wondering if you guys could give me ideas to set up some revenue streams that would not require much time investment per week.
Ideally each source of revenue should bring in about $200 per month and should be scalable.
I have some of my own ideas but I can get too biased about what I think is the right thing, so I want to open up this discussion to all of you that might have better ideas than what I could conjour.
Self-mod thread, but I won't delete your posts unless you start trolling.
Start you own eCommerce.
Dropshipping - You do not even need your own product. Buy products from amazon and sell them in ebay
Affiliate marketing - again you do not need your own product however you need to have very good knowledge about how online advertising works.
These are the two side income you can try. The first one will not need any money at all but the second one may require a lot of money just to educate yourself and to use the proper tools.
Good luck.
I already have a domain name and a membership with wix that I got last year. So this is already in my plans and I agree with you that this can be one of the most stable things if done right.
I am looking for more ideas.
Next to your starting capital It is generally risk/reward. The lesser the risk the bigger your start capital needs to be.
Investing in a casino bankroll is maybe a thing to consider.
Zero experience with this. I'm afraid I'd lose more than I'd make.
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Generic replies not need but I appreciate your response. A service is not scalable. Since I want to spend more time away from the computer to start working on my own reskilling/upskilling, I need something that I can scale without my direct time involvement.
Any more similar comments will be deleted.