11 Passive Income Business Ideas for 2023 & Beyond! [Tier List]

Passive Income Business Ideas. I have a list of 10-11, smart and low-maintenance business ideas that anyone can use to earn passive income.

In this video, I cover:
- What Makes a Business Passive
- 11 Passive Income Business Ideas
- Secrets Building Passive Business Portfolio

Timestamps
Intro (0:00)
What is a Passive Income Business? (1:00)
Passive Income Business Idea #1 (3:30)
Passive Income Business Idea #2 (5:19)
Passive Income Business Idea #3 (6:32)
Passive Income Business Idea #4 (8:00)
Passive Income Business Idea #5 (9:50)
Passive Income Business Idea #6 (11:24)
Passive Income Business Idea #7 (13:16)
Passive Income Business Idea #8 (14:50)
Passive Income Business Idea #9 (16:35)
Passive Income Business Idea #10 (18:00)
Passive Income Business Idea #11 (19:00)
IMPORTANT NOTE (20:19)

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Now, if you want to build a big passive income portfolio, or have a passive business then it’s going to require some startup money, and a little bit of time. Everything that I can think of is going to require at least those two things to work.

Follow me on Instagram: @SeanStandberry

I'm Sean, a proud self-made entrepreneur, and investor. I enjoy making videos about money, both business and personal finances. I hope to inspire/educate you on your next business idea, side hustle, or any other helpful money tactic. If you get any value from watching my content, all I ever ask is that you subscribe 🙂.

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

[dianesullivan]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[Vonny]

1. Vending Machine 4:29
2. ATM Owner 5:46
3. Laundromats 6:42
4. Long Term Rental Property 8:25
5. Short Term Rental Property 10:04
6. Self Storage Facilities 11:34
7. Event/Tool Rental 13:30
8. Digital Products 15:08
9. Dropshipping 16:41
10. Join a Franchise 18:03

[sebastianalexandermandujan]

Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.

[jessicasquire]

Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

[stephaniestella]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

[josefinacazaresavina]

SO glad you released this video in particular Blcktken300. I was accumulating AR and then saw your video last year saying that you see Blcktken300 may hit 300-400 and then you changed your view. Great and very informative!!! Thanks

[bhdjthm]

Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers

[carlosjohnson]

I wasn't financially free until my 40s and I’m still in my 40s, bought my third house already, earn on a monthly basis through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST, Create multiple sources of income and change your future! Investing in the financial market is a grand choice I made.

[baileymclean]

The rich are money minded. That is one thing I learnt from the start. I have always wanted to build wealth. I have set out $80k that I had been saving since 2020, and I want to put it in the stock market so I can grow my wealth. Any recommendations?

[rickertcoles]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[JosephineGaule]

impressive, i made my first million saving and investing as a rookie but i couldn't do it alone you see there are people that spend their lives studying these things that's why they are professionals, i started as a chiropractor and my husband was a teacher but with the help of Olivia Rene Reyes we both stay at home taking care of our kids and just watching them grow (when my husband isn't out golfing with his buddies of course)

[azieltobias]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[Evan-pqqc]

There is one thing missing in Tier 1, which is vending massage chair, it is much more easier to scale as there is no restocking requirements, put them in busy hotels, casinos can easily make $500+/month/chair.

[vincentchan]

I maintain that investing in stocks is still one of the very best means of doubling or holding your funds. Who thinks otherwise?

[Ame_rodri]

<>Investments are a means of providing funds for the generation of future income or profit. Investing allows individuals to set aside money while they go about their day-to-day business, let the funds work for them, and earn income for their future work. It is important to invest wisely, make informed decisions, and carefully weigh the potential risks and rewards associated with each investment opportunity. That's why I work with Sherman Williams Trading because he has profitable strategies<>

[bobbymainz]

I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?

[ScottBruceman]

Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

[tgnz]

This is probably the best info I’ve seen on YouTube so far. I really appreciate it!Just subscribed 👍🏼👍🏼

[JustCoolAF]

I've never thought about becoming an ATM owner and now I'm honestly ready to begin the journey to it. I'm tired of being broke . Life sucks living check to check and you go through deep depressions.

[ILM]

Thank you for the clarity.. Congrats to your accomplishment and you found the key! Congrats! NJ