Teach an online course
One of the new online business concepts when it comes to education, you can create virtual courses to sell online. Teaching an online course is a low-investment business idea for generating passive income. All you need to do is put together a video walkthrough explaining a subject you’re familiar with and then host it on your own personal website
Although it requires effort up front, if you manage to design a popular, high-value video tutorial series, you would make money on an ongoing basis as people continue to enroll in your course.
To start creating your first online course, brainstorm a topic that you know well enough to teach someone how to do from scratch. This can be literally anything—music production, social media marketing, web development, you name it.
Next, you’ll want to grab a screen casting app, like Screen Flow, to record your screen and voice while you walk your students through your tutorial. Screen Flow also comes with a built-in video-editing suite, letting you shoot and cut your videos all on the same platform.
Manager’s Office Team