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Jacci Howard Bear

Passive Income

By , About.com GuideJanuary 13, 2005

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Entrepreneurs Guide Scott Allen asks, "Do you want to be able to take time off whenever you want to, without worrying about what's going to happen to your business?" For freelance designers, it's not always feasible due to client demands and the need to constantly have new projects coming in as old projects wrap up. But, then again, maybe there are ways to develop passive income that will let you Earn More and Work Less. I can think of a few possibilities specifically for designers that could allow you to "earn money while you sleep" (after an initial investment of time)...

  • Templates. Round up all your most successful, original designs into a template package you can sell to other designers and non-designers.

  • Self-Published Booklets or E-Books Share your expertise in desktop publishing and graphic design in essays or tutorials.


Other ideas included in Scott's Passive Income article could be adapted as well including the use of sub-contractors and conducting one-time events such as seminars. How many more can you come up with?
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