7 Passive Income Ideas - How I Make $2,000+ Per Day!

Summary

The presenter outlines seven income streams, ordered from easiest to hardest. Only the first is a conventional financial product; the rest are businesses that require upfront work and may generate ongoing revenue.

He claims to have earned more than $800,000 in passive income in the prior year. The video title also claims $2,000+ per day, but the subtitles do not explain how that figure is calculated or break down income by source.

Income Streams and Key Details

1. High-Yield Online Savings Accounts

• Described as the easiest option, but it requires savings to deposit.
• Rates quoted in the video:
  • Capital One Performance 360: 3.8%
  • Ally: 3.8%
  • Betterment: 4%
• These are rates stated in the video and can change. The presenter favors established providers and notes that existing Capital One customers may find it convenient to open another account.

2. Amazon Kindle Direct Publishing (KDP)

• Upload book-cover and interior files. Amazon lists, prints, and ships orders, and handles customer service.
• The presenter says he started in 2018 and has earned income from the business since then, including during a period of more than a year when he did not check the account.
• His suggested niche is word-search books, which he says face less competition because fewer sellers know how to create the puzzles.

3. Amazon Merch on Demand

• Upload T-shirt designs. Amazon handles printing, fulfillment, and customer service.
• The presenter says this can offer higher profit margins than KDP, but also involves more competition.
• He recommends researching smaller, less-saturated niches rather than targeting obvious, popular categories.

4. Affiliate Marketing

• Earn commissions when people use referral links to buy products or services.
• Suggested approaches include product-recommendation websites or, preferably, videos on a free YouTube channel with referral links.
• The presenter argues that video may outperform written articles. He cites a figure of 70% of internet traffic being video, without providing a source in the subtitles.

5. YouTube Advertising

• Earn revenue from ads shown before, during, or after videos. Payments vary by factors the presenter does not specify.
• He recommends creating educational content, which he says attracts higher-paying advertisers than entertainment content.
• He says videos may continue generating views and ad revenue for 5, 10, or 15 years, but presents this as a possibility, not a guarantee.

6. Digital Downloads

• Create downloadable files and sell them through marketplaces such as Etsy.
• Examples include wedding-invitation templates and a budgeting spreadsheet with built-in calculations.
• The presenter recommends creating something based on personal skills or experience that saves buyers time.

7. Online Courses

• Create and sell structured courses through marketplaces such as Udemy or Skillshare.
• Presented as the hardest option because creators need sufficient expertise before teaching a topic.
• Suggested starting points include knowledge gained through a career or hobbies.

Risks, Caveats, and Disclosures

• The presenter says savings-account income requires capital, while the business models require upfront work, such as creating products, designs, videos, or course material.
• He flags competition and oversaturation for Amazon Merch on Demand and says YouTube ad revenue varies.
• The subtitles contain no explicit investment-advice disclaimer or guarantee of returns. The income figures and earnings potential are the presenter’s claims, not independently verified results.
• No stocks, ETFs, bonds, cryptocurrencies, commodities, or other market-traded instruments are discussed.

Presenter: Greg Gottfried Other sources: Amazon KDP, Amazon Merch on Demand, Etsy, YouTube/AdSense, Udemy, and Skillshare are mentioned as platforms or marketplaces.