Let’s be honest; you’re lazy. You want to make money by doing nothing at all. We’re talking about being as lazy as a human being can be.
However, maybe you’re not as lazy as people may think. You might be so busy throughout the day that you don’t have time to do anything else. If that’s the case, there’s nothing wrong with wanting to make more money even though you don’t have the time.
You’ll soon discover that almost all of these ways of making money without doing anything will require an investment. You can’t expect to make money without either working or putting your capital at risk. There’s no such thing as a free lunch, and if there were, poverty would be nonexistent.
So, here are some ways that you can make money without doing any work.
Table of Contents
How to make money doing nothing
1. Investing in the Stock Market
As most people know, the stock market is one of the easiest ways to make money without doing anything. All you have to do is buy the right stocks at the right time and hold them for a few months.
The upside of investing in the stock market: you make more money than working at a job. The downside of investing in the stock market: you might lose money in the process.
How much you’ll make from investing in the stock market depends on how well you invest, what kind of stocks you buy, and whether or not the economy continues to grow.
To get started investing in the stock market, sign up with Robinhood, TD Ameritrade, Etrade, or any of the other stock trading platforms.
2. Investing in Real Estate
You can make money simply by investing in houses, apartments, and other forms of real estate. It’s not as easy as it sounds, though. The whole process can take some time to learn, and it may not work out for everyone.
Investing in real estate is a slow way of making money that some people prefer to do other ways. However, it’s a good investment because it happens to be highly profitable if you get it right.
The best part is, there’s no work involved if all you do is flip undeveloped land. However, if you buy rental properties, you can hire other people to take care of them for you. You don’t even need to be in the same state or country as your rental properties since everything else can be managed by someone else.
3. Be a Silent Partner in a Business
You’ve probably heard of this one. You can make money by lending money to companies that need financing but don’t have enough capital to start their business. You can become a silent partner to receive a share of the company’s profits.
The upside is that you make money without doing anything. You don’t have to worry about managing the company and dealing with all the headaches. All you have to do is make sure the company grows and makes a profit. The downside is that you can’t participate in any meetings held by the company’s management.
This money-making strategy is usually done by wealthy people who don’t have a lot of time on their hands. You’ll have to invest a considerable amount of your own money for it to work out.
Want to start a business? The first step is registering your business name using Inc Authority.
4. Invest in Precious Metals
Yes, you can make money just by stocking up on gold, silver, or platinum. It sounds counterintuitive at first, but it’s one of the easiest ways to make money without doing anything.
You can buy and sell these precious metals when the price goes up and buy when the prices go down. Obviously, the more gold and silver you have, the better your return on investment will be.
The downside of this strategy is losing all your money when the economy is going down. Unfortunately, it’s tough to predict how long an economy is going to be on an upward trend. However, if you’ve got a lot of money to invest, this may be the best way for you to make money without doing anything.
5. Buy the Rights to Movies, Music, or Television Shows
Have you ever watched old reruns on television shows that are forty and fifty years old? It’s hard to believe that people have been making money for that long on the content without having to do anything.
What you do here is you buy the rights to something such as a television show, and you make money when stations air it. You’ll also be paid a percentage when the song you own gets put into a movie.
Investing in these rights can be an asset that goes up in value over the years as well.
There’s a lot of money to be made here, but you’ll need to invest quite a bit to own these materials. You’ll also have to learn how to become a media mogul. It’s not easy, but you’ll make money for the rest of your life without having to do much of anything to get it.
6. Invest in Hot New Technology
Can you imagine how rich you would be if you invested in Apple when it first came out? You could have made millions and become super-wealthy
The nice thing about investing in hot new technology is that you don’t need to be rich to do it. Unlike investing in real estate or the stock market, you can start small and grow your money over time.
If you invest in a company that makes a popular piece of software or hardware, you’ll make money when other people buy the product. Unfortunately, it’s not always easy to predict which companies will hit big and which ones won’t. The research required to discover these companies might take a little work, but it’s well worth it in the end.
7. Start an Online Business and Hire Others to Do the Work for You
This is an excellent way to make money without doing anything. You’ll make money by hiring someone else to do the work for you and then selling their services to people who need help with their projects.
The upside of this is that you can get a job done in record time. The downside is that you’ll have to hire someone who knows what they are doing and can do the job correctly the first time. If you hire an unqualified individual, you won’t make any money, even if they spend all day working for your company.
You’ll have to make sure that you’re getting the best job done and can afford to pay for it. You’ll also have to find an excellent worker with excellent communication skills since they will be working with picky clients and won’t become repeat customers if they’re unhappy.
8. Build a Blog That Aggregates Content From Other Sites
What you do here is build a blog or a site that takes content from other sites and posts it to your site. The best example of this would be a news site that scrapes the top headlines from all the other news sites and then posts them.
The best types of aggregated sites to build are those featuring niche content. A great example would be if you built a site that aggregates news stories about bitcoin. There are going to be a lot of people who have an interest in that area.
You don’t have to do any work since the software you use will go out and find the latest news stories about bitcoin for you. The only thing you need to do is make sure your hosting bill is paid, and you pay your yearly domain registration fee.
9. Create a Content Mill and Hire a Bunch of Writers
You can make money by hiring writers to research and write content for your content mill. The nice thing about this strategy is that the writers you hire are probably already good at writing since they’ve already published articles on other sites.
It’s even possible to hire people that will drive customers to your content mill. The internet is in constant need of written content, and there’s no reason why you can’t be the one that supplies a good size chunk of it.
The critical thing about running a content mill is that you must offer good value for the money. You’ll want to make sure that whoever you hire as your writer is able to create good quality content that will keep customers coming back again and again.
10. Start a Coloring Book Business and Outsource All the Work
Coloring books for adults have been big business lately. You might have heard that coloring books are super easy to make, and you can sell them on Amazon. The entire process of creating and marketing your coloring books can be done by someone else.
You can even outsource creating the illustrations that will be the pages in your coloring book, so you don’t have to worry about getting all the illustrations done. You can pay an illustrator to make all the illustrations for you and then make them into a coloring book.
This process will take some time, but it’s a way that you can earn money without doing anything.
Make money doing nothing: The bottom line
As you can see, there are several ways that you can earn money without doing much of anything. Many of these options don’t take a lot of time either.
The great thing about this list is that it shows the varying degrees of making money without doing anything. Many of the options on this list will require a significant upfront investment, but they will also create passive income for you.