Story: Always creative
Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income. Examples of passive income include rental income and any business activities in which the earner does not materially participate. – Wikipedia
I like to work with a client. I don’t mind working long hour. I know I can provide value to a client. Once I achieved a goal, I forget the fatigue. I feel this is the meaning of life.
In the process, it’s not creative if you provide the same service over and over again. The process should be more productive and efficient than a previous project. Repeating is as same as lazy.
Under the COVID-19 gives a negative impact on many businesses. I thought I have to build a mulch revenue source. I cannot rely on only the client’s work.
Building a passive income model is the one way. I research passive income to stretch my mind.
Problem: Prepare the depression, economic crisis
Goal: Develop mulch-revenue sources
How Make Passive Income as Graphic Designer
©Roberto Blake
– Hand lettering: stock media, print on demand service, make font.
– Web designer: WordPress theme template, email template.
– Brochure template, magazine template, presentation deck etc.
– Social media icon, symbol, calculator set.
– Custom brush/asset
Passive Income For Creatives (5 Ways)
©Gillian Perkins
– YouTube channel
– Membership
– Write a book
– Amazon affiliate program
– Course
– Invest a real estate(no way)
Don’t rely on only 1 source. We need a mulch-channel.
Passive Income Ideas For Web Designers & Developers: Debunking Myths
©TemplateMonster
– The stock site and marketplace for graphic
– Creating an online course
– Plugin
– eBook
– Affiliate
How to Build a Passive Income Business For Creatives – Dustin Lee
©The Futur
You know how to make great-looking stuff, you know how to make stuff for clients, but you just don’t know how to stop trading time for money and actually skills into cash. – Dustin Lee
– Choose the right product
What’s popular on the creative market, Instagram, Dribble, design blog
What do you have the skill to build well
Where do you have leverage
How can you deposition an existing product for a new audience
What do you buy and enjoy
– Make a product that stands out
How to find your people
Who is most definitely not my people
Social media follower
Respect in your field
Nitch, not for everyone
– Find something you love about marketing
Copywriting
Email
Niching down
Customer research
Why do you feel compelled only to work in the market that you are in? you are allowed to work anywhere in the world. Don’t be a victim to your circumstance. Go ahead and get into the market. – Chris Do
Start now and be prepared to fail.
– Package rejected work
– Scan texture
– Own resources
– Try fontselif maker
– Create product machine, like assembly line.
– Sell public domaain
– Record how to make
– Find partnership
– Make something you need
Full Story: Passive Income For Designers w/ Dustin Lee Livestream
Another Story: How to Create a Passive Income Business Through Knowledge Products
Conclusion: Porfolio, About, Contact & Shop?
Freelance is not easy. We don’t know when we will receive an inquiry.
Waiting for inquiry is not creative. Many business people say, create a customer if you don’t have a customer. I think that this is a weak point for a freelance graphic/web designer. We must sell service by own. For that, freelance has to learn soft skills as well as hard skills.
Freelance graphic/web designer is not automatically a creative person. Working for an only uncertain client is not creative. Find the right client and help them, hopefully, make a business is truly creative. The update process, increase productivity and efficiency is creative as well.
I was working for a client since May 2016. I didn’t realize what I have to do until I feel something wrong. I have started Upwork in January 2020. Then, I am going to install Shop Menu in late 2020.
