“If you don’t find a way to make money while you sleep, you will work until you die.” That is a quote from one of the world’s most successful persons. Warren Buffet, regarded as the world’s best investor and one of the founders of the Berkshire Hathaway company. Although the quote might seem a little bit harsh, there’s just no better way to say it than the way Buffet puts it.
With an automated business, you stand to make your money even while you sleep. They are those kinds of businesses that can keep generating money on their own, without your presence or much further efforts from you.
This is quite different from the “delegation” business idea, which I define as a business idea that only generates money based on the presence of another person other than you (the owner).
However, most automated businesses would actually need serious efforts from the owner, at the start of the business. You may need to work hard to grow the business at first, until it’s strong enough to start yielding income without further efforts.
.9 Top Automated Business Ideas
Most of the automated business ideas we shall be addressing here all need initial efforts. You must have to apply some serious efforts at the early stage of the business until it grows to start paying you. At that time, whether you work or not, the business will still keep bringing in cool profit even while sleeping.
1. Create A Blog
A blog may not actually be easy to run, but when it grows, it would continue to yield good income, even while you sleep. There are many ways to monetize a blog and make cool money from it, it could be through: ad networks, affiliate marketing, etc.
2. Create A YouTube Channel
It may not really be easy to grow a Youtube channel, you would need to be consistent in posting quality videos that provide value. You are definitely going to enjoy the channel when it finally grows. You can monetize your channel through Youtube partner program, ad networks, etc.
- READ ALSO: 4 Simple Ways To Make Money On Youtube
3. Start Selling Kindle Books
The internet and the usage of mobile phones have become widespread today in the world. And today, due to the advancement of technology, a lot of people are now reading books online in the form of “kindle e-books” or PDF. If you are an author, or someone with a great writing skill and ability, you can write e-books; fictions, nonfictions; and start selling them.
Normally, you can create an eCommerce website where you can start selling your own kindle books. However, there are a few platforms that allow you to sell Kindle books and the only thing that you will need to do is to write these books, and ensure that it meets their guidelines. One of the platforms that you can sell your kindle ebooks on is Amazon; as well as Sellfy and Payhip.com.
4. Sell Items On Selling Platforms
Other than letting them die a natural death, your old items can now be of great use, and that is through selling them. Although old items can be sold, new items can also be listed too and you can make money through sales even while you are asleep as the system is automated. Platforms like Vinted, Mercari and a lot of others are available.
- READ ALSO: How To Start Selling On Vinted Right Now And Make Money
- How To Sell On Mercari And Make Money
5. Rent Out Your Properties
There are some landlords that don’t do any other business, this may be that they generate enough income from their tenants. Remember that the houses were built just once, and they keep generating money for them.
Houses may not be the only properties you can rent, there are other properties you can also rent, including land, etc.
6. Affiliate Marketing
Basically, Affiliate marketing is a type of performance-based marketing in which a business rewards affiliates for each visitor Or customer that they bring to their platform. Although this might sound to be a business that you need to be present on, it is indeed automated. An affiliate marketing business is an automated business idea and to make money, one needs to make purchases via your affiliate link. You can promote your affiliate link on blogs, websites, social media handles and a lot of other places where more persons are likely going to get referred. A few Affiliate marketing platforms are:
- ShareASale.
- Rakuten Marketing.
- Rakuten Marketing (formerly LinkShare).
- Amazon Associates.
- eBay Partner Network.
7. Sell Stock Photos
As a professional photographer, one of the ways that you can make cool cash automatically is through selling of stock photos online. This includes selling off the royalty of the image. Also, graphic designers are not left out, although the space is mostly utilized by photographers. As a stock photo seller, you can make up to $500 a month selling photos even while you are asleep. Below are some of the platforms that you can sell this stock photos.
- Feet Finder
- Getty Images
- Alamy
- EyeEm
- Picfair
8. Forex And Crypto Trading
Ever since the emergence of Bitcoin during the 2008 financial crisis, the digital currency has grown more and more popular. Investing in this digital asset has been known to generate a lot of income to many, as well as trading it. It is one of the ways to make money automatically as one can have an open trade running in profit even when they are asleep. This is the same for the Forex market, where world currencies are being traded. To get started, one needs to understand the basics of Forex and Crypto, what moves the forex or crypto market, some fundamental and technical analysis. As well as to select a top broker or Crypto exchange. Below are a few Forex Brokers and Crypto exchanges.
- Binance.
- Coinbase.
- Kucoin.
- Exness.
- FBS.
- FXCM.
- Trading View.
 9. Own a Mobile Application
As a mobile app developer, or someone with tech skills, you can make money by owning mobile applications. However, the money does not come directly from owning these apps, rather, it comes from monetizing them. One of the monetization platforms for mobile apps is the Google AdMob, a sister advertising of the Google AdSense. One can create a Language app or a quiz app and have them uploaded on the play stores, and then make money from these apps, anytime they are used.
Can I Automate My Business?
Yes, you can automate your business especially if it’s one of the businesses discussed in this article. To automate your business, all you have to do is invest the initial efforts and resources needed for the business to grow and start paying you.
