So, what exactly is passive income. Ask five different people and you’ll likely get five different variations of this definition. But in a nutshell, passive income refers to money or income you receive on a regular basis with little to no work. There are many ways to earn passive income. Some people start a real estate business, wherein they buy properties and collect monthly rent payments. Whereas others may start a web business that’s able to function on autopilot.

I can’t begin to talk about the benefits of passive income. This is an ingenious way to earn money and run a business without lifting a finger. So, why doesn’t everyone explore this route? To be perfectly honest, I don’t know. But I’m guessing entrepreneurship is a gene; and either you have it, or you don’t.

Regardless of whether you’re born with a desire to worker smarter, not harder, or you’re digging deep to find your inner entrepreneur, Freelance Switch outlines five creative ways to earn passive income.