35 Passive Income Ideas for Introverts [2024]
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If you’re an introvert, making money from the comfort of your home probably sounds like a dream come true.
Luckily, with the rise of the digital age, there are plenty of opportunities to earn passive income without ever leaving your house.
This article will explore some of the best passive income ideas for introverts that require minimal social interaction and can be done online.
From blogging and affiliate marketing to creating digital products and investing in stocks, we’ll cover various options catering to different interests and skill sets.
So whether you’re looking for a way to supplement your income or want to turn your passion into a profitable side hustle, read on to discover how you can start earning passive income as an introvert.
1. Start an ecommerce store
An ecommerce store is a great business idea for introverts as it allows them to sell products online without the need for face-to-face interaction. To start an ecommerce store, you need to be conversant with product sourcing, website design, and marketing skills.
An eCommerce business is a company that sells products or services online. Ecommerce businesses have many advantages over brick-and-mortar businesses, including lower overhead costs, increased flexibility and reach, and the ability to reach a wider audience.
eCommerce is booming right now because of the convenience and efficiency it offers consumers. Consumers can buy products from their favorite brands on a platform that makes the whole process easier than ever. They don't have to leave their homes or go out in public, they can just sit down at their computer, tablet or smartphone and browse through all of the options available to them.
To start an ecommerce business, you'll need to set up a website where customers can browse your inventory and purchase items, as well as payment processing software that allows you to accept credit card payments. You'll also need to choose a shopping cart software and manage inventory tracking software.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
2. Create an online course
Creating and selling an online course is a great way for introverts to generate passive income. Skills needed to get started include knowledge on a specific subject, course creation, and marketing skills.
An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.
As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.
With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.
For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.
How much you can make: $275 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
3. Start a niche blog
A niche blog allows introverts to share their expertise and interests with a targeted audience. Skills needed to get started include writing skills, content creation, and marketing skills.
Starting a niche blog can be a great way to engage with a passionate online community by sharing your expertise on a specific topic.
The first step is to identify a profitable and underserved niche, such as fashion, video games, film reviews, cooking, and more.
Find your niche and create unique and informative content, such as articles, commentary, news, how-to guides, top product lists, convention coverage, video interviews, and spotlights.
To monetize your blog, gain visibility and followers, provide affiliate links, grow a YouTube channel, collaborate with relevant brands, and speak at events.
To succeed in niche blogging, you need to have a passion for your topic, create engaging content, and regularly engage with your followers.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Starter Story grew to 1.4 million monthly visitors and millions in annual revenue by sharing the stories of entrepreneurs. Pat breaks down the early days and how he grew the business into something that changed his life.
4. Start a consulting business
Consulting can be done remotely and allows introverts to leverage their expertise to help others. Skills needed to get started include subject matter expertise and consulting skills.
Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.
If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.
How much you can make: $100 — $1,666,667/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
5. Start a digital agency
A digital agency provides online services such as web design, SEO, and social media management. Skills needed to get started include web development, marketing, and project management skills.
A digital agency’s task is to make a business reach its advertising, marketing, or technology-related goals. Anyone with enough knowledge and passion for digital marketing can start and run a profitable digital marketing agency. With the proper skill set, the right tools, and the right mindset, you can start a successful digital agency.
The global digital agency market reached a value of nearly $305B in 2020. The future growth prospects of the digital agency market are projected to be high due to the rising population of people consuming and creating content through digital channels.
How much you can make: $100 — $3,699,632/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
How this founder started a $100K/month guaranteed transcription service for medical, legal, law enforcement, financial, academic and general business industries, winning the NASPO ValuePoint transcription services contract over 26 other companies and learning valuable lessons about getting a coach and getting as much PR as possible.
6. Start a content writing company
A content writing company is a great business idea for introverts who enjoy writing and have strong writing skills. Skills needed to get started include writing skills, marketing skills, and project management skills.
Content writing involves writing, editing, and publishing content in a digital format. Examples of content include a blog post, product description, and podcast script—eBooks, press releases, or landing page content.
Becoming a content writer allows you to work as your boss. Therefore, you choose whatever working schedule suits you and take a manageable workload. Moreover, content writing helps you develop essential skills you may not obtain from regular writing.
Content writing is a highly-on-demand service, as companies compete for the online audience who often begin their shopping journey by searching for relevant and educative content online. Therefore, a content writing company is an excellent source of passive income.
To start a content writing company, research the market and choose a suitable niche. Sketch a proper business plan and create a website. Hire a pool of talented writers and leverage modern technology to streamline operations.
How much you can make: $1,000 — $550,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 30 days (?)
Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.
7. Start a saas product developer business
Developing a software as a service (SaaS) product allows introverts to create a product that can generate passive income. Skills needed to get started include software development, project management, and marketing skills.
SaaS product is online software that uses a license to access. With cloud computing omnipresent, starting a SaaS company is a low barrier to entry idea with exponential growth potential.
Modern users recognize the SaaS cost-saving benefits and the ability to offer project collaboration. Besides, there are multiple technologies you can use to build SaaS platforms.
To build a successful SaaS product, you need database management skills, programming language, cloud computing, design & development skills.
If you decide to build a SaaS solution, start by conducting market research and competition analysis.
Before starting the development, you must choose a good app monetization model and select an appropriate technology stack.
How much you can make: $40 — $4,160,000/month
How long does it take to build: 180 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
8. Start a copywriting business
A copywriting business allows introverts to write copy for businesses and websites. Skills needed to get started include writing skills, marketing skills, and project management skills.
A copywriter creates clear, compelling copy to sell products and/or educate and engage consumers.
To become a copywriter, focus on covering the basics, plan your copywriting business and choose the services you intend to offer.
To develop your brand, establish a marketing strategy, and offer quality services to your audience. Email marketing, newsletters, and other digital marketing tools can help you create a successful copywriting business.
How much you can make: $700 — $160,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
9. Start an online food business
An online food business can include selling meal prep services, baking, or catering. Skills needed to get started include cooking skills, marketing skills, and project management skills.
Gone are the days when food lovers needed to leave their homes for delectable delights. Insert: online food business. This venture allows individuals or groups to offer ready-to-eat meals or pre-packaged ingredients for home preparation, straight to customers' doorsteps.
In simple terms, the business centers on creating and selling meals through an online platform. In a world perpetually pursuing convenience and variety, this idea caters to a diverse audience—busy professionals seeking nutritious meals, cooking novices craving guidance, or adventurous eaters exploring global cuisines.
As an owner of an online food business, you'll be involved in menu planning, sourcing ingredients, preparation, packaging, and delivering—while constantly innovating and adapting to the ever-changing food trends and dietary preferences. With the right blend of business acumen and culinary passion, the online food business can offer a unique opportunity to merge profit with satisfaction—giving people the gift of good food while filling a fundamental market gap.
How much you can make: $2,000 — $3,000,000/month
How long does it take to build: 135 days (?)
Healthy Chew is a profitable weekly meal preparation service that grew from 200 to 10,000 weekly bowls in just over 3 years, with an overall sales figure of $1.8 million, achieved through effective branding and personalised customer service.
10. Start an online jewelry store
An online jewelry store allows introverts to sell jewelry without the need for face-to-face interaction. Skills needed to get started include jewelry making skills, marketing skills, and project management skills.
The online jewelry store industry has been growing rapidly. More and more people are buying cheaper jewelry online because it is easier and has a much more extensive selection.
The United States jewelry market was valued at about $76B in 2020, and diamond is considered to be the most valuable and lucrative among all forms of jewelry.
If you’re considering starting an online jewelry store to tap into this market, it’s crucial to choose the right e-commerce platform that can support your business needs and enable seamless transactions with your customers.
A great platform can help you showcase your products, manage your inventory, process payments securely, and provide an enjoyable shopping experience to your customers.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 120 days (?)
Taylor & Hart CEO Nikolay Piriankov tells the story of the company's journey from a diamond trading business to an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings and fine jewelry, offering a bespoke design service through specifically developed technology online and instore, and growing to £4-6M in annual revenue.
11. Start a web development business
A web development business allows introverts to create websites for businesses remotely. Skills needed to get started include web development skills, project management skills, and marketing skills.
A web development business is a company that builds and takes care of websites. They typically use coding and design skills to create online spaces that meet the needs of individuals or businesses.
These businesses help ensure websites work well and look good, playing a key role in the online presence of their clients.
How much you can make: $3,000 — $700,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 60 days (?)
Vuetify is a popular open-source user interface library, built with the Vue.js framework, that generates revenue through digital content and services such as paid digital content in the Vuetify store, direct support through consulting, ad revenue from Carbon ads on the documentation pages, and donations/sponsorships via GitHub and Patreon, generating an average income of $6,500 per month.
12. Start an etsy shop
Selling products on Etsy allows introverts to work independently and generate passive income. Skills needed to get started include product creation, photography, and marketing skills.
Etsy is an online marketplace where people can buy and sell all kinds of handmade goods, vintage items, and art supplies.
It's a great way to make some extra cash, and you can use it as an opportunity to build your brand and find new clients.
To get started on Etsy, you'll need these four things:
- An Etsy account
- A PayPal account
- A product idea (or at least a product category)
- A visually appealing storefront with photos of your products
How much you can make: $100 — $750,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
13. Start a YouTube channel
Creating a YouTube channel allows introverts to share their expertise and interests with a global audience. Skills needed to get started include video creation, editing, and marketing skills.
Have a knack for creating compelling video content? Starting a YouTube channel might be your next big move.
A YouTube channel offers you the opportunity to share your expertise, passions, or hobbies while potentially earning revenue through ads, sponsorships, and merchandise. Your channel can focus on anything from how-to guides and vlogs to educational content and entertainment. It's a versatile platform where creativity meets opportunity.
Building a successful YouTube channel requires consistency and quality. You'll need to plan your content, shoot and edit videos, and engage with your audience regularly. A good understanding of SEO for videos and social media marketing can also drive traction.
Despite the hard work involved, the payoff can be significant. From the flexibility to share your unique voice to the potential for financial reward, a YouTube channel can be a fulfilling venture. If you're ready to dedicate the time and effort, this could be a worthwhile endeavor.
How much you can make: $2,000 — $333,333/month
How much does it cost to start: $5,250 (?)
How long does it take to build: 30 days (?)
This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.
14. Start a newsletter
Creating a newsletter allows introverts to share their knowledge and expertise with subscribers. Skills needed to get started include writing skills, marketing skills, and project management skills.
Did you know that in the past five years, there has been more than a 50% increase in the number of people who read newsletters?
Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.
Email newsletters are a great way to connect with customers and potential customers. It’s a newsletter’s job to inform, persuade, and sell to your audience.
How much you can make: $160 — $4,100,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Financial media company MarketBeat, founded by Matt Paulson, provides objective financial information and real-time market data to empower individual stock investors to make better trading decisions, generating approximately $8 million in revenue in 2019 and ending the year with over 1.3 million unique email subscribers due to a freemium model with 75% of revenue from advertising and 25% from subscriptions.
15. Start an ecommerce platform
Developing an eCommerce platform allows introverts to create a website that allows businesses to sell products online. Skills needed to get started include web development skills, project management skills, and marketing skills
Over the past decade, eCommerce has become an indispensable part of the global retail framework. According to statistics, over 2 billion people prefer shopping online.
While brick-and-mortar stores are still making more sales compared to online sales, the adoption of eCommerce is still rising, mainly because of the increased speed and convenience of online shopping.
Therefore, starting an eCommerce platform could set you on the right path to building a futuristic business.
How much you can make: $100 — $2,000,000/month
How long does it take to build: 150 days (?)
A 3D CAD designer and product inventor who started as a side hustle and averaged $9,000 a month in revenue, shares his insights on the ups and downs of owning a service-based business alongside an eCommerce store, as well as lessons learned in customer acquisition and in generating multiple streams of passive income.
16. Build an iPhone app
Developing an iPhone app allows introverts to create a product that can generate passive income. Skills needed to get started include software development skills, project management skills, and marketing skills.
The iPhone is the most popular mobile device in the world. It has changed how we interact with information, entertainment, and communication.
The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people’s lives. It is more than just a phone; it is a tool for staying connected to friends and family and creating new connections.
The iPhone app market is an ever-changing landscape of innovation: it’s not just about making something that works well; it’s about creating something that stands out from the crowd.
It would help if you had something that appeals to your audience to succeed in this market. This can be as simple as ensuring your app has a catchy name or as complex as developing an entire brand identity around your app’s functionality.
How much you can make: $150 — $2,000,000/month
How long does it take to build: 190 days (?)
Time commitment per week: Min. 5 hours/week
Payment.co, an app built on top of the Stripe payment gateway for creating card-present charges, has grown to process over $70M in volume annually since launching in 2015, with the app collecting a 1% service fee on every single charge.
17. Start a business coaching
Providing business coaching services allows introverts to leverage their expertise to help others. Skills needed to get started include subject matter expertise and coaching skills.
Want to help others unlock their potential and achieve their business goals? Consider starting a business coaching service. Business coaching involves working closely with entrepreneurs, managers, and other business professionals to guide them through challenges, develop strategies, and improve their overall performance.
Whether you specialize in leadership development, productivity, or market strategies, your role will be to provide tailored advice and support. You'll conduct one-on-one sessions, develop customized plans, and hold clients accountable for their progress. This business is grounded in your ability to understand client needs, set clear objectives, and guide them to success.
Demand for skilled business coaches is growing, as more people seek expert guidance to navigate complex business landscapes. With the right approach and dedication, you can build a rewarding career helping others achieve their aspirations while cultivating your expertise and professional network. This idea promises both personal satisfaction and financial gains.
How much you can make: $3,500 — $4,166,667/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
MentorCruise is a career coaching marketplace generating $24k MRR and processing $1M annually for mentors, with most traffic and sales coming from SEO and organic sources, currently looking to expand to the B2B market.
18. Start an online advertising agency
An online advertising agency provides businesses with online advertising services. Skills needed to get started include marketing skills, project management skills, and knowledge of online advertising platforms.
An online advertising agency helps businesses promote their products or services on the internet.
To start this business on a budget, first learn the basics of digital marketing through free online resources.
Create a professional website and set up profiles on social media platforms to showcase your skills.
Build a portfolio by working on mock campaigns or offering discounted services to friends and family, and gradually market your services to attract clients.
With dedication, you can grow your agency over time.
How much you can make: $10,000 — $1,250,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.
19. Start an online clothing business
Starting an online clothing business allows introverts to sell clothing products online without the need for face-to-face interaction. Skills needed to get started include clothing design, manufacturing, marketing, and project management skills.
Starting an online clothing business is an exciting and promising venture. The concept is simple: create an online platform where customers can browse, purchase, and receive their fashion items directly to their doorstep. The beauty of an online clothing business is that you don't have to worry about the overhead costs associated with a physical store, and you can reach a broader customer base.
However, running a successful online clothing business takes more than just setting up a website and listing products. Here are a few tips to ensure your business thrives:
- Find your niche: The fashion industry is vast, and it’s essential to find your niche and target market. Identify what type of clothing you want to sell and to whom. For example, if you’re passionate about sustainable fashion, you can focus on selling eco-friendly clothing for the eco-conscious consumer.
- Build a strong brand: Your brand is your business’s identity, and it’s crucial to create a strong brand that resonates with your target market. Choose a catchy and memorable business name, and create a consistent visual identity across all platforms, including your website, social media, and packaging.
- Invest in excellent product photography: The quality of your product photography can make or break your business. People can’t touch or try on clothes online, so the photos are their only reference. Invest in professional photography to showcase your products in the best light possible.
- Prioritize customer service: Good customer service is vital to building customer trust and loyalty. Respond quickly to customer inquiries, and make it easy for them to contact you. Offer free returns, and consider offering a loyalty program to keep your customers returning.
- Stay on top of trends: The fashion industry is ever-evolving, and it’s crucial to stay on top of the latest trends. Keep an eye on what’s popular and what's coming next, and consider incorporating trendy items into your product offerings.
Starting an online clothing business may seem daunting, but it’s an exciting and fulfilling venture. By finding your niche, building a solid brand, investing in excellent product photography, prioritizing customer service, and staying on top of trends, you’ll be well on your way to running a successful and lucrative online clothing business.
How much you can make: $5,000 — $1,333,333/month
How long does it take to build: 120 days (?)
Highway Robery is a sustainable robe company in Austin, Texas, producing colorful, all-inclusive, gender-neutral robes in the USA, having increased their sales up 49% YoY as of May 31, 2019.
20. Start a career coaching business
Providing career coaching services allows introverts to help others achieve their career goals. Skills needed to get started include subject matter expertise and coaching skills.
A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.
As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.
With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.
Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
21. Start a mobile app development business
Developing mobile apps for businesses or individuals allows introverts to create a product that can generate passive income. Skills needed to get started include software development skills, project management skills, and marketing skills.
Mobile app development is the process of creating software applications that run on mobile devices. These apps can be used for a variety of purposes, including games, productivity, and social networking.
Starting a mobile app development business is a great way to enter the world of software development. This type of company is growing in popularity as businesses are looking for ways to reach their customers through mobile apps.
To start a mobile app development company, you need to have strong technical skills and be able to develop high-quality software. You should also have a good understanding of how to market and sell mobile apps
How much you can make: $6,000 — $700,000/month
How long does it take to build: 120 days (?)
This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.
22. Start a subscription box business
Creating a subscription box service allows introverts to sell products on a recurring basis. Skills needed to get started include product sourcing, marketing, and project management skills.
Subscription box businesses offer customers a niche set of products on a monthly basis.
They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.
To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.
How much you can make: $400 — $400,000/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
23. Start an email marketing business
An email marketing business provides businesses with email marketing services. Skills needed to get started include marketing skills, project management skills, and knowledge of email marketing platforms.
Email marketing is a popular and effective way for businesses to reach their target audience and promote their products or services.
With the rise of the internet and the increasing use of email as a communication tool, starting an email marketing business can be a lucrative and rewarding venture.
An email marketing business involves creating and sending marketing emails to a list of subscribers. The emails can be newsletters, promotional messages, or other types of content designed to engage and convert the recipient into a customer. The business owner is responsible for building and maintaining the email list, creating the content, and sending the emails using specialized software.
To start an email marketing business, you must have a strong understanding of marketing principles and a good grasp of best practices. This includes creating compelling subject lines, segmenting your email list, and analyzing your campaigns’ results. You will also need to be proficient in email marketing software like Mailchimp or Constant Contact.
To run a successful email marketing business, you must clearly understand your target audience and what they are interested in. This will help you create relevant and engaging content that resonates with your subscribers and encourages them to take action. A solid call to action in your emails is crucial, whether it’s visiting your website, making a purchase, or signing up for a newsletter. Starting an email marketing business requires marketing skills, expertise, and a willingness to learn and improve continuously. The right strategies and tools can be a rewarding and successful way to reach your target audience and grow your business.
How much you can make: $120 — $20,833,333/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 165 days (?)
GMass, an email marketing platform that allows users to send cold emails and email marketing campaigns with Gmail, has attracted over 500,000 user signups, including major tech companies like Uber, LinkedIn, and Google, and now generates over $200K in monthly recurring revenue through a successful content marketing strategy and focused ad spend.
24. Start a CBD business
Starting a CBD business allows introverts to sell CBD products online or in-store. Skills needed to get started include knowledge of CBD products, manufacturing, marketing, and project management skills.
Cannabidiol, abbreviated as CBD, is becoming a household name, and its proponents believe this is for good reasons. Reports indicate that CBD treats several conditions, including chronic pain, inflammation, migraines, epilepsy, autoimmune diseases, and anxiety.
Market trend researchers indicate the CBD market will grow by a CAGR of 21.7 % over the next few years. Rising awareness of cannabidiol’s health benefits and its effectiveness in managing pain are some factors propelling the CBD industry’s growth.
Therefore, starting a CBD business in 2024 could be the best decision you are yet to agree to. Some high-potential CBD business ideas and opportunities include:
- Become a CBD distributor.
- Form CBD cooperatives.
- Run a CBD podcast.
- CBD marketer.
- CBD blogger and reviewer.
- Make and sell CBD bottles and containers.
- Start a CBD subscription box service.
- Start a CBD courier business.
How much you can make: $3,000 — $300,000/month
How long does it take to build: 90 days (?)
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
25. Start a branding agency
A branding agency provides businesses with branding services. Skills needed to get started include branding and design skills, marketing skills, and project management skills.
A branding agency helps create, develop, maintain and improve brands. The role of branding agencies is to create, plan, measure, and manage branding strategies for clients to support them in advertising and other promotions.
Business branding has always been a vital part of a business. With branding, businesses reach more customers daily and stay relevant to their existing customers. As companies compete to get more customers and remain relevant, there is a high demand for branding solutions.
Starting a branding agency can be a profitable and satisfying business venture. To start a branding agency, you must be able to weave together disparate pieces of data and information into compelling narratives so you can help a business convey its story or express its unique values and culture.
How much you can make: $1,300 — $350,000/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 30 days (?)
How one founder started a luxury boutique branding house and quit her corporate job, becoming a successful entrepreneur with a team of contractors, interns, and VAs, expanding services to personal styling, social media management, and content creation, while building an online course and planning to become a community for female entrepreneurs.
26. Start a content marketing agency
A content marketing agency provides businesses with content marketing services. Skills needed to get started include content creation, marketing, and project management skills.
Content is the currency of the digital world. Today, more and more businesses need to work with writers and content marketers. If you want to get into these kinds of jobs, you should start a writers' or content marketing agency.
Worldwide content marketing industry revenue was estimated at roughly $66B in 2021. The source projected that it would increase to $76B in 2022 and that it would continue growing over the further years to reach $137B in 2026.
Content marketing will continue to grow in significance with the increased use of digital channels. Therefore, the demand for content marketers is projected to grow by 27% over the next few years.
How much you can make: $500 — $650,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 75 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
27. Start a SEO agency
An SEO agency provides businesses with search engine optimization services. Skills needed to get started include SEO knowledge, marketing skills, and project management skills.
An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.
SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.
It’s easier than ever to start your SEO agency. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.
How much you can make: $1,000 — $1,800,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.
28. Start a freelance writing business
A freelance writing business allows introverts to write for clients on a contract basis. Skills needed to get started include writing skills, marketing skills, and project management skills.
Freelance writing can be a good career choice if you are looking for a flexible online job.
Working as a freelancer gives you the flexibility to define your work schedule. You can work from home at any time. Freelance writers work across various niches, writing about various topics assigned by the client,
To earn good money as a freelance writer, you need the following personal qualities:
- Strong writing skills
- Ability to meet deadlines
- Stay on the cutting edge
- Be a self-starter
- Be up-to-date with the current writing tools & writing trends
- Proper communication skills
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
29. Start a social media marketing service
A social media marketing service provides businesses with social media marketing services. Skills needed to get started include social media knowledge, marketing skills, and project management skills.
Looking to leverage the immense power of social media for business growth? Consider starting a social media marketing service.
In simple terms, this business involves helping companies enhance their online presence, attract more followers, and drive engagement using platforms like Facebook, Instagram, and LinkedIn. You'll create and manage content, analyze engagement metrics, and fine-tune strategies to boost client success.
A strong understanding of social media trends and marketing best practices is essential. This business allows you to work flexible hours and can scale up as you gain more clients.
Investing in this business idea lets you become an indispensable asset to other businesses. Establishing your expertise can lead to recurring revenue, offering both stability and growth.
How much you can make: $3,000 — $800,000/month
How much does it cost to start: $1,380 (?)
How long does it take to build: 60 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
30. Start a dropshipping business
A dropshipping business allows introverts to sell products online without holding inventory. Skills needed to get started include product sourcing, marketing, and project management skills.
Dropshipping is a business model where you sell products to customers without holding inventory.
Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.
To start a dropshipping business on a budget, choose a niche or category of products you want to sell.
Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.
Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.
How much you can make: $6,000 — $3,000,000/month
How much does it cost to start: $8,500 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 10 hours/week
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
31. Become a virtual assistant
A virtual assistant provides administrative and support services to clients remotely. Skills needed to get started include administrative and organization skills, communication skills, and project management skills.
Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.
Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants have a dedicated home office where they work in a quiet and distraction-free environment.
To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.
How much you can make: $1,000 — $1,000,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Filipino Virtual Assistance by FVA Business Consultancy, founded by Julmar Grace Locsin, offers online and offline training to empower marketers, enable businesses, and equip freelancers which has trained 25,000 students from their 31 courses, has 16 coaches assigned from different territories, and fifteen in the FVA team for global digital leadership that will impact the world through digitalization, one life at a time.
32. Build an analytics tool
Developing an analytics tool allows introverts to create a product that can help businesses make data-driven decisions. Skills needed to get started include software development skills, project management skills, and marketing skills.
Analytics tools are software or apps that help people to make data-driven decisions. They do this by providing users with the ability to access, visualize, and analyze the data.
If you have strong technical skills, then this could be a profitable business idea for you.
QlikView is one of the best Self-Service Business Intelligence, Data Visualization, and Data Analytics tool. In 2022, QlikView generates $750M in revenue.
With the rise of big data, more companies are realizing the importance of data and are looking for ways to make use of it.
Building an analytics tool is a great business idea because it's a tool that can be used by businesses of all sizes. Small businesses can use it to make better decisions about their operations, while larger businesses can use it to track and improve their performance.
How much you can make: $20 — $1,500,000/month
How much does it cost to start: $4,750 (?)
How long does it take to build: 135 days (?)
Plausible Analytics, a privacy-friendly web analytics tool, reached $4,557 MRR and 743 paying subscribers by focusing on content marketing and engaging relevant communities, rather than paid advertising, while positioning itself as a lightweight, cookie-free and affordable alternative to Google Analytics.
33. Develop a seo software
Developing SEO software allows introverts to create a product that can help businesses improve their search engine rankings. Skills needed to get started include software development skills, project management skills, and marketing skills.
SEO software is a computer program that is designed to handle search engine optimization tasks by optimizing the website content, managing backlinks, and other SEO activities.
SEO is something that you need to do for your website or blog in order for it to get any traffic. Some of us are new to SEO, even if we are SEO experts. SEO isn't just a craft, but an art form as well.
Making your own SEO software is more than potentially profitable. It also lets you interact with the people who use your software and allows you to figure out best practices from the data you collect.
How much you can make: $2,000 — $220,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 105 days (?)
Solo founder Todd Hooper bootstrapped Prerender.io from zero to $2.5 million in ARR over 5 years by releasing an open-source project on Github and turning it into an SEO-friendly version of React, Angular, and Javascript websites, and then offering it as a SaaS service for businesses.
34. Start an email automation platform
Developing an email automation platform allows introverts to create a product that can help businesses automate their email marketing campaigns. Skills needed to get started include software development skills, project management skills, and marketing skills.
Tired of juggling countless emails? Enter the world of email automation platforms. These tools streamline the process of sending personalized emails to your audience, saving time and ensuring consistency.
Building an email automation platform involves developing software that can segment your audience, personalize content, and schedule emails. The real work includes collaborating with developers, marketers, and customer service teams, understanding clients' needs, and continuously optimizing the software for better performance.
With businesses increasingly relying on digital marketing, the demand for efficient email solutions continues to rise. Starting this venture offers a chance to provide essential tools that enhance communication and boost engagement strategies. If you're tech-savvy and eager to develop impactful solutions, creating an email automation platform could be your next successful business endeavor.
How much you can make: $21 — $4,160,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 180 days (?)
Two entrepreneurs developed Coldinbox, a bulk LinkedIn messaging tool that assists B2B business development managers in converting high-value prospects into leads and customers, resulting in $35,000 in monthly profits.
Frequently Asked Questions
Can you build passive income as an introvert?
Yes, introverts have plenty of passive income opportunities, such as creating an online course, starting a blog, developing mobile apps, or building a dropshipping business. These business ideas allow introverts to work from home and generate income without face-to-face interaction.
How to make passive income as an introvert?
To make passive income as an introvert, you can create an online course, start a blog, develop mobile apps, or build a dropshipping business. These business ideas allow introverts to work from home and generate income without face-to-face interaction. It's essential to have skills in marketing, project management, and your chosen field to get started.
Is passive income for an introvert truly passive?
Passive income for an introvert can be truly passive once the initial setup and ongoing maintenance are completed. However, it's important to note that some passive income streams require more work than others. It's also important to have marketing, project management skills, and your chosen field to build and maintain passive income streams effectively.
Conclusion
Online passive income is an excellent option if you are an introvert looking for ways to make some extra money. Several options are available; many can be started with little to no investment.
Do your research, find something that interests you, and get started! You may be surprised at how quickly those extra dollars start adding up. What have you got to lose?
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
