The best way to create passive income source is to start a business. Starting a business is not easy task but worth it.
If you start now, you’ll definitely grow over time. You will get the results, if not now definitely some day. There are two investments required to start a business. The first thing is to invest your time and patience. The second investment is some money. If you’re looking to start a business online today, then you’ll definitely have to do some investment to create a website/store, buy a domain, set up hosting, and so on. Offcourse you’ll need the inventory as well, but the cost of inventory would depend on the product you’re planning to sell.
After you setup your online store, you’ll need to add some products before launching it. Then you need to write seo optimized product titles and descriptions, to keep them in the competition. Sometimes you’ll also need to put ads to market your products. But let me tell you instead of putting you money in ad campaigns, invest some time and build your audience on your own for free. This way you’ll have a genuine customer base, and you money is saved.
The end part is that, once you are comfortable and adjusted to start selling, you will see brilliant results.