Passive Income Ideas For Salonists [2024]
Are you a salonist on the lookout for innovative ways to boost your income in 2024?
With the dynamic and ever-evolving beauty industry, there's never been a better time to delve into the world of passive income. Imagine earning money even when you're not holding a pair of scissors or perfecting that flawless manicure!
In the pursuit of financial freedom and flexibility, we've curated a list of passive income ideas that are specifically tailored for salonists like you. Whether you're a hairstylist, nail technician, or skincare expert, these strategies will empower you to leverage your skills and industry know-how to earn extra cash on the side.
Ready to explore new avenues and unlock the potential for additional revenue streams? Keep reading to discover creative and practical ways to supplement your income without compromising your passion for beauty and wellness.
1. Make passive income with a stock photography business ($14.6K/month)
Here's the full list:
How much you can make: $1,200 — $45,000/month
How much does it cost to start: $3,500 (?)
How long does it take to build: 60 days (?)
Pro Photo Studio founder Tsour Lee Adato shares how she turned a $5k investment into a business that services over 500 clients annually and makes approximately $350k per year with plans to expand and become a 7-figure business while offering advice to fellow entrepreneurs to always be innovating, learning and growing, and not to undervalue themselves.
2. Make passive income with an online course sales business ($85K/month)
Here's the full list:
How much you can make: $100 — $300,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
3. Make passive income with a YouTube channel ($72.1K/month)
Here's the full list:
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.
4. Make passive income with a health and wellness app ($108K/month)
Here's the full list:
How much you can make: $600 — $300,000/month
How long does it take to build: 200 days (?)
Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.
5. Make passive income with a garage organizer business
Here's the full list:
6. Make passive income with a niche blog ($31.5K/month)
Here's the full list:
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.
7. Make passive income with a cake decorator
Here's the full list:
How much you can make: $4,000/month
How much does it cost to start: $300 (?)
How long does it take to build: 90 days (?)
From pastry chef to owner of a successful bakery, learn how Bradford Bakery achieved a 550% increase in SEO in just a few months through community outreach, building a website, and utilizing social media and advertising on platforms like Facebook and Groupon.
8. Make passive income with an ace hardware franchise business
Here's the full list:
9. Print on demand business ($411K/month)
Here's the full list:
How much you can make: $200 — $3,000,000/month
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.
10. Make passive income with a camp space sharing business
Here's the full list:
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.
