How to Make Online Tools That Will Give You a Passive Income

The internet is a massive and complicated place. Its size and complexity often causes a lot of problems for many of the people who use it daily. For anyone with a bit of creative skill however, it can also provide a lot of opportunities to prosper by creating online tools that help solve the problems that people regularly encounter.

If you are interested in this approach to online business then the first thing to do is to identify problems that need solving and which could be helped by having the right software tools available. Make a list of the problems that you’ve encountered yourself and which you couldn’t find an available software solution for. You can also visit social media sites where people post questions and answers about their internet, tech, and other issues. Build up lists of problems to solve and places which provide useful leads on problems worth pursuing.

If you have any useful coding skills then you can make use of those to create the online tools you will be selling. If not then you can find a lot of programming freelancer sites where jobs can be posted and programmers will supply quotes to create the tool you need made. Remember though that these freelancer sites are a garbage-in garbage-out prospect. If you pay bargain-basement rates then expect bargain-basement work that will likely end up being more trouble than it’s worth. If you post lazy and poorly thought out descriptions of the tools you want made then the developer will be hard-pressed to turn that into something that meets your needs.

No Coding Skills Needed

If you do have coding skills that may be usable for creating online tools then consider those skills in the context of the tools you need to make. You might need to change your objectives and try making a different type of tool instead if your coding skills don’t lend themselves to the tool you are currently focused on. There are usually a variety of different ways that you can approach solving most problems, so don’t be afraid to pick a different direction that might be more achievable.

Also bear in mind that you are not limited to just one approach. You can use your own skills to do some of the work and then outsource the remainder to freelancers who can fill in the blanks for you. All you need to do is to make sure that the freelancer has a clear idea of how your work and their work needs to dove-tail together. Create your part of the work with a clear and well-documented interface so that the freelancer knows how they can interact with it via their own code.

Once you have your tool made you’ll be ready to promote and sell it. You can do this via a number of online services including Google Adsense and Clickbank. Do some research and work out the best ways to get the word out about your tool and get it into the hands of the people who can benefit from it.

Creating online tools is a great way to make passive income on the internet. Unlike physical tools, you don’t have any manufacturing or shipping costs to worry about. And people really appreciate having you provide solutions to the problems that complicate their lives. So start brainstorming your tool ideas now and come up with an online tool that will make you some nice cash and help people out in the process.