Professionals can turn to freelancing in an area of their expertise. You can check out for jobs ranging from tech to art to photography.
With a huge focus on upskilling currently, you can leverage your expertise to sell courses. You may sell or distribute your courses through internet. – Courses could generate passive income for a long period of time.
Creating Seminars, or Guest lectures
Similar to selling courses you could leverage your expertise, but this requires constant efforts to keep connecting and building your audience. You could also give guest lectures at universities and corporations.
This could range from writing a small piece for newspapers or magazines to writing a book. Writing an E-book could be further better as less capital is required to sell and distribute the same.
Blogging or Vlogging
Find a popular subject, even a small niche, you are expert at. Start building out a suite of content and draw an audience, it can create a steady income stream over time, as your content becomes more engaging and famous
In affiliate marketing, website owners, social media “influencers”, or bloggers promote third-party products by including a link to the product in their website or social media account.
This could come from renting your house on lease, on rent to travellers from platforms like Airbnb, renting your car or any other asset which could be of use to someone.
This investments can be made in instruments such as mutual funds, ETFs, gold, bonds or equities based on an investors risk profile providing Regular Income.