My passive income experiments, so far, haven’t been very productive. One reason might be because I switched team at day job a couple of months ago and I was trying to catch up with new team, so ended up putting in extra hours at the day job. Thus leaving me with less time in the evenings for my side projects. Now they moved me to another team, so I might have long work days for next few months again.
Then to be honest, I have been working on multiple items at once. I should focus on one project at a time.
Anyways here is a quick update on my experiments:
T-Shirts on Merch by Amazon
So far I have had zero success on Merch by Amazon. My t-shirt designs have been mostly simple text based. There is so much hype about Merch by Amazon, I was thinking it was a sure bet. I also used up my free bing advertising credits but still no sales.
Now I am going to delete a few older t-shirts and create new designs that I want to wear. Also going to experiment with Facebook Ads. Probably, for each t-shirt, I will have $10 advertising budget. If t-shirts doesn’t sell, I will delete the t-shirt and try a new design.
So it looks like things that gonna sell, sell within a week. Rest of inventory is still sitting, and haven’t had a sale in more than a month. I have given up on this, instead going to support my brother with his retail arbitrage experiments.
Freelance Web Development
This is not really passive but I had one project earlier in the year where I outsourced most of the work on UpWork.com. So it was semi-passive. But this is not something that can be scaled while working full-time. I had several phone calls afterwards with client to explain various things. For now, I will not accept anymore such projects.
I had added Google Ads but since then removed them. Ads do make your blog look cheap. And Google Ads pay minimal. I am going to focus on building traffic on blogs first before adding any ads.
Also I have been thinking of building informational websites for various topics. Not blogs but simpler websites hyper focused on one topic. It is sort of a way for me to learn more about topics I care about such as history, philosophy, science. I could create quizzes or other learning activities too so that users can keep track of what they have learned.
Then lastly I have been looking into Urdu podcasts. I sort of want to copy Side Hustle School idea but podcast in Urdu to promote entrepreneurship in Desi community.
This is probably the most realistic way to generate passive income but I have not done anything here. I really should focus on building simple apps, if nothing else, I could learn a new skill.
In order to better focus, my top priority would to work on t-shirt designs. Make one new design per week, and use $10 advertising budget to decide if it is good or not. After I have created the t-shirt for week then I will focus on next project.
Next I cannot decide at present if I should focus on blogs or apps. Blogs or informational products are easy, you just create content that interest you. But chances of generating passive income is very low.
Apps building is a new skill for me to learn but there is higher chances of generating income. Plus it could help me become better programmer at my day job.