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Author Topic: Passive income  (Read 2711 times)

Offline Mia Chloe

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Re: Passive income
« Reply #15 on: October 08, 2024, 09:05:41 PM »
Yeah, clothing and perfume selling happens to be a very common and easy business on campuses, and I think the social media has been a helpful means to promoting their service rather than moving the available goods to different locations to show case them. And students who are more flexible and knows how to relate well with others are mostly those that ends up getting a good number of customers, and we all know of the benefits of having good number of customers that genuinely likes your service or what you offer.
Yeah that's true however like always the ecosystem is actually getting flooded with newer vendors by the day.  With that being said, it's possible to generate passive income from such kind of business however it requires a nice level of planning and strategy to be able to pull it off. To generate passive income you literally do all the work preset and earn the dividends over a long period of time it's a little similar to investing though they are different.

An example of a situation of generating passive income from a business like that is creating your own ecosystem let's say you have a supplier you buy very cheap from and you have distributors who sell for you. Now all you need to do is place your orders and the distributor disburse the goods to the buyers and then you get your cut without having to stress yourself marketing or advertising.
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Re: Passive income
« Reply #15 on: October 08, 2024, 09:05:41 PM »

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Offline Makus

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Re: Passive income
« Reply #16 on: October 09, 2024, 02:34:19 AM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income

I know say my brothers don drop legit points but make I still add the small wey I get to talk. As student, no be only book person dey learn if not you go miss am, the free time wey you get, you fit use am take learn some digital skills. Skills like graphic design, forex trading/crypto trading, you fit partake in Airdrop mining sef, data analysis etc skill dem many wey dey pay well. Na just your dedication go matter how far you go go. Dem say no food for lazy man and life  don pass the stage were you go dey wait for person to credit you before you chop, nothing sweet reach when you fit provide for urself without disturbing anybody. Op na good tin as you ask oo, and I hope say you find wattin you eey look for.
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Re: Passive income
« Reply #16 on: October 09, 2024, 02:34:19 AM »

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Re: Passive income
« Reply #17 on: October 09, 2024, 09:50:24 AM »
~snip

I know say my brothers don drop legit points but make I still add the small wey I get to talk. As student, no be only book person dey learn if not you go miss am, the free time wey you get, you fit use am take learn some digital skills. Skills like graphic design, forex trading/crypto trading, you fit partake in Airdrop mining sef, data analysis etc skill dem many wey dey pay well. Na just your dedication go matter how far you go go. Dem say no food for lazy man and life  don pass the stage were you go dey wait for person to credit you before you chop, nothing sweet reach when you fit provide for urself without disturbing anybody. Op na good tin as you ask oo, and I hope say you find wattin you eey look for.

Being self dependent is what most students want, but the question is, how many of them can work their way towards it?. Personally, I have great respect for students who are financially independent and decisive, especially those who are into random tech related stuff that provides for them. The interesting part of it is that, some of these students even earn far more than what their hardworking parents earn, which I think should be how a normal society ought to be, and not having a student or graduate that's suffering even with the level of knowledge he/she has gotten from school. And other thing is that we currently live in a society where those who are rich are more important than those that are educated. The whole system is choked up, so students shouldn't be stranded in the name of education.
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Offline Mia Chloe

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Re: Passive income
« Reply #18 on: October 09, 2024, 11:04:16 PM »
Being self dependent is what most students want, but the question is, how many of them can work their way towards it?. Personally, I have great respect for students who are financially independent and decisive, especially those who are into random tech related stuff that provides for them. The interesting part of it is that, some of these students even earn far more than what their hardworking parents earn, which I think should be how a normal society ought to be, and not having a student or graduate that's suffering even with the level of knowledge he/she has gotten from school. And other thing is that we currently live in a society where those who are rich are more important than those that are educated. The whole system is choked up, so students shouldn't be stranded in the name of education.
That's true. Being financially independent is very important especially in a decinclining economy like this. It's no new thing that white collar jobs are actually beginning to sound like fairy tales in the ears of most students and of course it isn't supposed to be so. Although the school system wasn't created to make money however it seems like the importance isn't appreciated much in the society any more.

People often talk about self employment even now and then but the question is can you actually manage and grow it to that extent? Business management seems very profitable especially because of successful business persons out there however it isn't as simple as most people think. Passive income is definitely not something you can achieve with a salary paying white collar job.
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Re: Passive income
« Reply #19 on: October 10, 2024, 08:27:08 AM »
Being self dependent is what most students want, but the question is, how many of them can work their way towards it?. Personally, I have great respect for students who are financially independent and decisive, especially those who are into random tech related stuff that provides for them. The interesting part of it is that, some of these students even earn far more than what their hardworking parents earn, which I think should be how a normal society ought to be, and not having a student or graduate that's suffering even with the level of knowledge he/she has gotten from school. And other thing is that we currently live in a society where those who are rich are more important than those that are educated. The whole system is choked up, so students shouldn't be stranded in the name of education.


You’re right on point. The fact that they are students should give them heads up and make them think critically on how to make money via the internet and possibly earn more than their parent. Though sometimes the two can’t possibly go together and I mean achieving both with great results. Student who are independent are likely to not suffer from this current economic situation we are in right now. Surviving in this country without a job or a soft skill or even multi tasking yourself is a bit difficult.
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Re: Passive income
« Reply #20 on: December 15, 2024, 06:07:34 AM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income
As a student, it's challenging to balance work and academic responsibilities, because you are a student and you need time to study, and you can not put all your attentions, energy and effort on work, you also need to be dedicated to your desire.

While being a working student can be manageable, having a full-time job can be detrimental to your studies. It's essential to prioritize your education and allocate sufficient time for studying. Remember, as a student, your primary objective is to acquire knowledge and skills to attain your long-term goals and that is why you are schooling to achieve your goals. so you need to put more efforts on your study to meet your goals. To balance work and studies, you can consider part-time or flexible jobs just as some people suggested, a part-time job that will accommodate your academic schedule. This will allow you to focus on your goals and dedicate the necessary effort to achieving academic success.
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Re: Passive income
« Reply #21 on: December 26, 2024, 12:53:40 AM »
Being self dependent is what most students want, but the question is, how many of them can work their way towards it?. Personally, I have great respect for students who are financially independent and decisive, especially those who are into random tech related stuff that provides for them. The interesting part of it is that, some of these students even earn far more than what their hardworking parents earn, which I think should be how a normal society ought to be, and not having a student or graduate that's suffering even with the level of knowledge he/she has gotten from school. And other thing is that we currently live in a society where those who are rich are more important than those that are educated. The whole system is choked up, so students shouldn't be stranded in the name of education.


You’re right on point. The fact that they are students should give them heads up and make them think critically on how to make money via the internet and possibly earn more than their parent. Though sometimes the two can’t possibly go together and I mean achieving both with great results. Student who are independent are likely to not suffer from this current economic situation we are in right now. Surviving in this country without a job or a soft skill or even multi tasking yourself is a bit difficult.
Everyone has greater potential for growth to the different aspects of life and the increasing world of technology as well. In any case, being able to build on the opportunities we currently have is extremely important and can open the way to independence and achievement. Gaining opportunities, such as technology, communication, or creative ones is one way of sharpening skills. When persistent and diligent, one can be not only satisfy own’s wants, but also benefit others as well. It is freedom sculptured by this dedication which not only establishes self-confidence but also enhances our stance in regard to various existent situations. Continued inventing and to have faith in oneself.
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Re: Passive income
« Reply #21 on: December 26, 2024, 12:53:40 AM »


Offline Penlex_Writer

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Re: Passive income
« Reply #22 on: January 09, 2025, 06:51:56 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income
as a students they are so many wasys of making money with your cell phone,like they say your phone is your office,you can reserch platforms online via work from home,from there atleast you can be earning to assist yourself.
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Re: Passive income
« Reply #23 on: January 15, 2025, 02:32:30 PM »
as a students they are so many wasys of making money with your cell phone,like they say your phone is your office,you can reserch platforms online via work from home,from there atleast you can be earning to assist yourself.

We often say that there are numerous ways to earn money online, but only when you start looking for one do you realize how hard it is to find a remote job. I am aware that some jobs can be done remotely, but sometimes it takes a lot of work before you can begin making money on the platform.

What is common are ponzi schemes that will require you to make referrals before you can earn and most of the times it turns out to be a scam. Genuine sources are not always easy to find, and even when they are, earning money from them requires a significant amount of commitment and some students may not be able to combine it with schooling.

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Re: Passive income
« Reply #24 on: March 14, 2025, 08:39:15 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income
Well considering the current state of the economy there so many legit me for earning passive income. The most reliable is cryptocurrency, one thing about crypto is that if you buy a coin and leave it. it passively begin to earn for you most especially when the value of the coin begins to increase without any kind of work or effort from you. Another is publishing of books on Amazon. You can simply employ a ghost writer who will write for you and when you get paid in USD, because that is what you would be paid in, you can simply share it and pay some amount to the ghost writer and then keep the rest, na better update be that, on God

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Re: Passive income
« Reply #25 on: March 15, 2025, 05:59:28 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income

As a student I would advice you not to go into financial investments like cryptocurrency or forex, I'm not saying it's a bad idea or people don't benefit form these investments but they come with a lot of psychological breakdowns which might affect your studies, it's better to do all of that when your studies is out of the way. As a student you should consider doing other things that won't require finances, like affiliate marketing, drop shipping or sales. Sales is very common, it involves a simple system of working with different people that sell products, all you have to do is take pictures of those products on your social media space then add your profit to the original amount, this is quite an easy way to make money passively. You don't need to put in any money.

I definitely with this as a student who is in desperate need for funds,  Forex or Crypto should be a starting point due to he psychological effect it may have on you as an individual especially when the trade you placed in the market didn't later favour you. And also crypto or forex isn't a get rich scheme it requires patience and when one lack this, I don't think he or she should even consider cryptocurrency.
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Re: Passive income
« Reply #26 on: March 15, 2025, 11:08:54 PM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income
Well considering the current state of the economy there so many legit me for earning passive income. The most reliable is cryptocurrency, one thing about crypto is that if you buy a coin and leave it. it passively begin to earn for you most especially when the value of the coin begins to increase without any kind of work or effort from you. Another is publishing of books on Amazon. You can simply employ a ghost writer who will write for you and when you get paid in USD, because that is what you would be paid in, you can simply share it and pay some amount to the ghost writer and then keep the rest, na better update be that, on God

I think what you write here is the main reason why some newbies come into crypto and after their first few tries they get frustrated and then quit the crypto community tagging it as a scam - if a newbie should read this post of yours they’ll most likely think that all it takes in the crypto space to survive is for them to just buy a random coin and hold while expecting a x1,000,000 from it - it takes more than that, if you just buy blindly you’ll most likely fall into rug projects and instead of making profits you’ll instead become a victim of scam.
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Re: Passive income
« Reply #27 on: March 16, 2025, 07:23:57 AM »
To my nigerian brothers and sisters on this forum I great una
Well as we all know the cost of living in thus country nor be small mater to some people
To the extent say cost of living wan kill the living
I know they are different people from different states on this forum so I want to use this opportunity to ask this question
As a university student what are legit means we can use as a means of passive income

As a student there are numerous ways one can financially be stable and be doing well. One of of the them is publishing on Amazon KDP, one doesn't have to be a writer at all before he or she make publications, there are ways of going about this. Another reliable way is Affiliate marketing, so many sees this to be a scam, but that is no the case, do you know that with Affiliate, you can start earning in foreign currency, it is infact one of the most trusted and tested
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Re: Passive income
« Reply #28 on: March 16, 2025, 05:25:12 PM »
Also as a student you need money at every week.to settle things so if you can lay your hands.im any physical business if there is money. You can sell men and boys things.in the school.if you can do that. Just tell your friends and sometimes carry some of your goods to school and show them. And I believed you can make profit from there weekly. And when you have gotten good amount then you can invest in cryptocurrency. But at first you have to secure inflow income first before crypto investment.

Yeah, clothing and perfume selling happens to be a very common and easy business on campuses, and I think the social media has been a helpful means to promoting their service rather than moving the available goods to different locations to show case them. And students who are more flexible and knows how to relate well with others are mostly those that ends up getting a good number of customers, and we all know of the benefits of having good number of customers that genuinely likes your service or what you offer.
The school environment especially the university environment is an environment with a lot of opportunities so it's a function of you looking out for areas in the school that is lacking or having problems because one thing that you should know is that any where there is problem that problem has also a potential benefit because your ability to become financially stable is in your ability to solve problems, just watch out for any opportunity it could be that you are running tutorials for students that are not too good in class

 

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