The Rise of AI-Powered Passive Income Side Hustles
Would you believe me if I told you that these simple, easy-to-make pieces of content are earning thousands of dollars a month and that you could start earning that too without needing any fancy skills, without needing to show your face, and from anywhere in the world?
I know you’re thinking, “This sounds way too good to be true,” but this is 2024, and we have AI tools that make what used to be impossible, possible.
I’m going to show you exactly how in this article.
Now, I’m not going to sell you on a pipe dream.
Everything does take energy, effort, and dedication, but if you read this article, you’ll know exactly how to start and grow this passive income side hustle and use AI so that you don’t have to struggle so hard on the way to those $10,000 months.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.
Table of Contents
The Hard Road: Traditional YouTube Channel Creation
Typically, when starting a YouTube channel, you’d have to do what I did, which is the hard road.
You have to show your face, look good, become an influencer, vlog or talk on camera, and edit for hours.
Personally, I’m tired of that, which is why I was looking for other things to do on YouTube.
That’s when I came across this specific passive income side hustle that is earning people so much money.
The way they’re earning that money is through faceless YouTube automation.
What is Faceless YouTube Automation?
Faceless YouTube automation is where you create viral-worthy YouTube content but get an AI tool to do the majority of the work.
Most of these pieces of content are so simple; they’re just stock footage with a voiceover.
So, again, you don’t have to show your face, which I know is holding a lot of you guys back.
Real-Life Examples of Successful Faceless YouTube Channels
We can look at this channel, “Facts That Will Make You Think Twice About Life,” which, according to Social Blade, is earning about $10,000 per month.
But honestly, it’s more than that because I earn way more than my Social Blade says I do.
So, they’re earning, I don’t know, $20,000?
They’re earning so much from these simple types of facts content.
These pieces of content are also popular on TikTok, so this can be a cross-platform strategy to really get you in your bag.
For example, this piece of content right here has millions of views, and it is just stock footage with an AI voiceover.
Niche Ideas for Your Passive Income Side Hustle
You don’t only need to make fact content.
You can talk about fitness, motivation, business, fashion, news stories, anything!
All you need to do to start this passive income side hustle is to choose a niche and then start posting once per day.
Now, I don’t want you to get scared and be like, “Once per day?
I got kids, and I got dogs!”
No, honey, you’re going to use AI so that you can make it so easy for you to post one piece of content a day because the AI is doing all of the work.
Introducing invideo AI: The Game-Changer for Your Passive Income Side Hustle
Through this one tool called invideo AI, you don’t have to spend hours looking for footage on the internet, recording voiceovers, writing scripts, or editing content.
Look, that’s pre-2024, pre-AI.
We’re not doing that.
We’re using AI to help us build our goals and dreams because we all have other stuff that we’d rather be doing than burning out and trying to post a piece of content every day.
No, honey!
What Can invideo AI Do for You?
With invideo AI, this tool can create complete pieces of content from just one sentence that you input.
It’s going to compile royalty-free stock footage for you, add the perfect music, even write the script for you, and add subtitles.
It’s going to generate its own high-quality AI voiceover, but if you don’t like any AI voices, you can even clone your own voice.
Yeah, I know it’s sci-fi, but this is what you can do with AI in 2024, honey!
In this article, I’m going to show you exactly how to use this tool to start your faceless YouTube automation business.
Step-by-Step Guide to Using invideo AI for Your Passive Income Side Hustle
If you want to follow along, then sign up for invideo AI, who I’ve partnered with for this article.
invideo AI also has an app that’s available on iOS, so you could follow along with this article on your computer or your phone.
Step 1: Create Your invideo AI Account
Let’s start by creating our invideo AI account.
The first thing I want to do is create my AI voice clone.
Sci-fi edition!
So, let’s go over here to the voices plugin.
In the voices plugin, you can click on “Add Voice.”
It says to use high-quality recording equipment, so I’m going to use my phone and just upload a voice memo.
“Hey, I’m recording this voice memo, and I want to talk about something related to finance.”
I just uploaded my voice.
The first thing I’m going to do is just change this instead of “User’s Voice.”
I’m just going to change it to “My Voice.”
We’re actually going to see all of this in action after we create our content.
Step 2: Create Your AI Content
Let’s go to the “Home” tab and click on “Create AI Content.”
For this type of content, I actually want to create something that is like a facts piece of content because I see them all over TikTok and YouTube.
They’re going viral all the time, and I feel like I could do something with that.
This is what I told the AI generator:
“Create a 60-second YouTube Short about facts.
This content will be titled ‘Shower Thoughts That Will Blow Your Mind.’
The stock footage should be interesting and a little bit weird but still related to the topic being spoken about.”
The thing with this is that you need to be as specific as possible about what you want because the AI is literally going off of your own imagination.
The more detail that you put in, the better your prompt is going to come out.
Let’s press “Generate Content.”
Now, what we have to do is just clarify our audience, the look and feel, and the platform.
But because I already gave it that information, the AI knows what it is.
Sometimes, the AI doesn’t get it right, so you might want to change it to “Fact Enthusiasts” or “Dramatic” or whatever.
I’m just going to put “Young Adults,” I might change it to “Dramatic,” and it’s a YouTube Short.
Let’s press “Continue,” and it’s going to start generating the content.
This usually doesn’t take long, but it might take longer if your content is longer.
Step 3: Review and Edit Your AI-Generated Content
The content is generated.
I’m a bit nervous; I don’t know why, but let’s play this and see how it is.
Okay, this is okay.
If we want to edit this content, it’s already really good, but if we want to edit it, let’s click this “Edit” button.
What we can do here is we can actually edit the individual stock footage.
If we want to choose a different one or if we want to upload our own clips, for example, this stock footage where it says, “A thought: every book you’ve ever read is just a different combination…”
I want to change that.
If I search “book” in the search bar, a bunch of different stock footage options will come up.
I could also upload my own media if I have my own footage that I want to include.
I went ahead and uploaded my own media, which was just this footage of a book right here, and I’m going to press “Replace,” and then it’s going to replace the footage that I selected.
What we can also do is change the script.
Here it says, “Finally, consider in a way we’re all half centaur.
Think about it.”
I don’t know what it’s talking about, so I’m going to click up here to “Edit Script,” and I’m just going to take that out completely.
We can also edit the content itself.
What I could say is, “Delete any filler words in the script.”
Let’s see, and I could also say, “Use a male voice instead.”
Now that I changed the script, it’s going to add all of that.
Like I said, guys, this is super customizable to what you want it to be, but it’s saving you time because you don’t have to look for a bunch of footage, you don’t even have to record your own voiceover.
Maybe you don’t have a professional microphone like this, so you don’t really need that with this.
You don’t have to waste time on editing and everything; you don’t have to look for the music.
It just saves so much time.
When you are ready to export the content, all you need to do is press this “Export” button right here.
Transform Your Passive Income Side Hustle with invideo AI
This tool is going to make doing the passive income side hustle so much easier than if you were to manually do everything yourself.
You do get four free pieces of content on the free plan, but if you are serious about doing the side hustle, you want to take off the watermark from the content, you want to create more content, stuff like that, then I would suggest upgrading to their paid plan.
I would suggest using this Plus plan as I do because it’s really good for creators.
It starts at around $20 per month, and you get access to the voice cloning, which is crazy, right?
You get access to the stock footage; you can create a bunch of content.
If you were to get a subscription for each individual feature like stock footage, AI voice, content editing, it would be hundreds of dollars, but invideo AI is all-in-one, so it actually saves you money.
Conclusion: Embrace the Power of AI for Your Passive Income Side Hustle
This passive income side hustle is honestly a crazy way to make money because it just shows that in 2024, anything is possible with AI.
But I want you guys to know that consistency, commitment, dedication, and effort are all going to make this side hustle easy.
The AI is a tool to help people who are ready to put in that hustle.
It is not going to guarantee you success, but it is going to guarantee that you can actually do all of this output and all of this content without having to do the grunt work yourself.
That’s going to get you twice the number of content generation credits in your first month.
Make sure to go out there and hustle, guys, because in 2024, it’s time to get to that bag.
I will see you in my next article!
Frequently Asked Questions (FAQs)
How can I make $1000 a month passively?
Making $1000 a month passively is achievable through various methods, such as:
- Starting a YouTube channel and monetizing it through ads, sponsorships, and affiliate marketing.
- Creating an online course or e-book and selling it on platforms like Udemy or Amazon.
- Investing in dividend-paying stocks or real estate investment trusts (REITs).
- Building a niche website or blog and earning money through ads, affiliate marketing, or sponsored content.
- Developing a mobile app or software and monetizing it through ads, in-app purchases, or subscriptions.
Keep in mind that while these methods can generate passive income, they often require a significant amount of time, effort, and sometimes financial investment upfront.
What is the best side hustle to make passive income?
The best side hustle for passive income varies depending on your skills, interests, and resources. Some popular options include:
- Dropshipping: Create an online store and sell products without holding inventory by partnering with suppliers who handle shipping and fulfillment.
- Rental properties: Invest in real estate and rent out properties to generate monthly passive income.
- Peer-to-peer lending: Invest in loans through platforms like LendingClub or Prosper and earn interest on your investments.
- Print-on-demand: Design and sell custom products like t-shirts, mugs, or phone cases without holding inventory by using print-on-demand services.
- Dividend investing: Build a portfolio of dividend-paying stocks and earn regular passive income from your investments.
Consider your strengths and risk tolerance when choosing a side hustle for passive income.
How to create a passive income in Nigeria?
Creating a passive income in Nigeria is possible through various strategies, such as:
- Real estate: Invest in rental properties or land and earn regular income from rent or appreciation.
- Agriculture: Invest in agricultural projects like poultry or crop farming and earn income from the sale of products.
- Digital products: Create and sell digital products like e-books, courses, or printables to a global audience.
- Affiliate marketing: Promote products or services online and earn commissions on sales made through your unique affiliate link.
- Dividend investing: Invest in dividend-paying stocks listed on the Nigerian Stock Exchange and earn regular income from your investments.
Remember to research and comply with local regulations and tax laws when pursuing passive income opportunities in Nigeria.
What is the easiest form of passive income?
The easiest form of passive income depends on your definition of “easy,” as most passive income streams require some initial effort or investment. However, some relatively simple options include:
- High-yield savings accounts: Earn interest on your savings by keeping your money in a high-yield savings account.
- Dividend investing: Invest in established, dividend-paying stocks and earn regular income from your investments.
- Rental properties: Purchase a rental property and hire a property manager to handle day-to-day operations, providing you with passive rental income.
- Affiliate marketing: Promote products or services online and earn commissions on sales made through your unique affiliate link.
- Peer-to-peer lending: Invest in loans through online platforms and earn interest on your investments.
Keep in mind that “easy” passive income options may provide lower returns compared to more involved strategies, and all investments carry some level of risk.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.