One of the easiest ways to create passive income that requires minimal work on a daily basis is creating a website. Simple websites can be easy to make, easy to get online, and easy to generate income from if they become reasonably popular.
To start out, you need to think of a good idea for what your website will be. Blogs, social networks, entertainment sites, news sites, and more are all options for what your site could be. It’s important to choose something you’re passionate about and are knowledgeable about. Find your niche, meaning figure out who your website is for and cater it towards them.
Once you have a clear idea of what you want your website to be, you can go about creating it in a few different ways:
Making Your Website
Code it Yourself
This is the most difficult way of making your own website. The pros are that you’ll have unlimited control of every minuscule detail of the site, and you’ll know exactly how it all works and exactly how to change something when you need to The cons are that it can take some time to code it, especially if you don’t yet know how to code.
If you don’t already know how to code, you can learn enough HTML and CSS to code something very basic in just a few days. If you want added functionality and animations for the website, that’ll take more time to learn and more time to code.
Use WordPress, Wix, or a Similar Service
They make the process simple and intuitive, but because these are free options they don’t have the same amount of functionality that companies like Squarespace offer.
Hiring help allows you to make sure the site is exactly what you want and gives you all the flexibility that coding it yourself does, but it is, of course, costly. Freelancers can be found online all over through sites like Freelancer, Upwork, and plenty more. You can also find freelancers through networks like LinkedIn, or through simple Google searches.
Hosting Your Website
We don’t advise you to self-host unless you are a business. Self-hosting requires your computer to always be on and needs a top-of-the-line internet connection.
Shared hosting will work for most every webmaster out there looking to get their site online. You will basically rent server space from another company for a low price. Some companies will even offer free hosting in hopes of drumming up more business for themselves.
Dedicated hosting services provide you with total control of your server. It runs for a much higher price than shared hosting services. Unless you absolutely require full customization of your server (which you probably do not) go with shared hosting.
Buying a Domain Name
Depending on which way you chose to build your site, you may have a subdomain already. For example, if you go through WordPress you will have ‘yoursitename.wordpress.com’.
To link your domain name to your site, consult your hosting service.
Get Your Site Indexed
You can have your site listed on search engines by submitting them. I’ve placed links to pages allowing you to submit your site to search engines below.
Follow these steps to set up your own website. If you’re interested in how to make money from your website, check out How To Make Money from a Website. I hope this helped you out, and if you have any questions feel free to leave a comment!