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Last Updated on June 28, 2022 by coffeepo
Making a living as a musician is no easy task. However, there are ways to create passive income streams that can help make the road to success a little less rocky. Here are 11 ideas for generating passive income as a musician:
1. Sell merchandise online
2. License your music for commercials, TV shows, and movies
3. Teach music lessons
4. Write and sell e-books on music-related topics
5. Record and sell instructional videos or audio recordings
6. Perform at weddings and other private events
7. Provide consulting services to musicians or music industry professionals
8. Invest in music-related businesses
9. Create a subscription-based website or YouTube channel
10. Sell your musical compositions
11. Offer online courses on a music-related topic
Conclusion
There are many different ways that musicians can generate passive income. By exploring all of the options and finding the ones that best fit their individual talents and interests, they can set themselves up for success both financially and creatively.
