Setting up an e-commerce store and leveraging dropshipping allows individuals to sell products without holding inventory.
With the rise of social media platforms, content creators can monetize their skills and expertise through various channels such as YouTube, TikTok, Instagram, and blogging.
Freelancing platforms like Upwork, Freelancer, and Fiverr provide opportunities for individuals to offer their skills and services remotely.
Creating and selling online courses, e-books, templates, or software can be a lucrative way to monetize specialized knowledge or skills.
Online platforms for stock trading, cryptocurrency trading, forex trading, and peer-to-peer lending offer opportunities for individuals to invest and generate passive income.