A side hustle can’t be passive income. If you’re involved in the generation of the money, it’s active.

Passive income would be stuff like collecting stock dividends or money market interest. Or owning property that a management company takes care of.

Join the club. Everyone wants to not have to work or be their own boss. The latter is much easier but still difficult. Passive income doesn’t just spawn out of nowhere, it usually comes after you’ve worked at something/invested for a long time. The free methods are scams (and the scammers are also not earning passive income, it’s hard work).

Struggling to learn new things is often a matter of interest/motivation. That wiz kid in math class was likely not “better at math” than most, he just liked it/had interest and put A LOT of attention on it that people don’t see. School doesn’t give you a career but is meant to at least teach you problem solving, how to follow social rules/socializing, how to cooperate, how to plan, how to turn in work/ do presentations; or at least how to manage those expectations and navigate “people”.

People don’t like jobs but are motivated to work for something else or future goals. A job is just a means to an end for most. If you’re lucky you can find something you like and start a business, but that’s often harder than being employed. At least at first. If you discover you like buying old furniture and restoring it, you might do that for a long time before you get good enough, and before you can make a profit. If you do that for a long time and start being reputable then you can have a small business/side hustle. It’s easier than ever to start an online store to sell products or services if you want to be self employed, but it doesn’t necessarily equate to freedom, happiness or fulfillment.

Finally, whatever competent/talented person youve ever met also once sucked at what they do. Everyone sucks at first, and it often takes hundreds/thousands of hours to get good at something. Failing to find something that youre able to spend thousands of hours on is different from failing at “learning new things”. Hope this helps.

Talent is just something someone practiced a lot. Develop a talent based on something you love and you’ll have more opportunities to earn a living doing in a career you enjoy.

You sound like you already figured this out, but all those YouTube gurus are completely full of shit. Same as the books that tell you how to make millions of dollars in the stock market. If it was that easy to be successful, why aren’t they getting rich doing that? Because they’re full of shit and selling their viewers and readers a fantasy.

So go look at the world with new eyes. Literally everything you see on any day has got a career associated with it.

See a tree? Arborist. Landscaper. Forester. Biologist.

The sky? Pilot. Meteorologist. Rocket engineer. Fireworks technician.

A house? Painter. Plumber. Insurance agent. Christmas light installer. Organizer.

Think about what you like. What’s something you liked as a child and still like today? What’s not a fad and might be something to build a career around?

The safest path is to have a boss. Let someone else run a company and invest and take risks and come home with steady pay. Most people do this. You have a boss and limited control over how you work and how much money you can earn, but it’s safe and predictable.

You can be your own boss and have way more freedom, at the risk that your business decisions determine if you get paid at all.

Or there’s all kinds of in between. But I wouldn’t worry about that kind of thing yet. Figure out what you want to do first.

Investing in low cost, highly diversified ETF index funds. I’m currently earning roughly 3 to 4 month’s wage per year passively from interests though it’s all invested back into the fund.

You said you’re young so this especially applies to you. Time in the market > Timing the market.

Passive income doesn’t exist. If it was possible to make money by doing nothing, everyone would be doing it. Those gurus rent out private jets and sports cars on loans to get your attention, and say “I’ll teach you my secrets” to get your money. In exchange you will get some entry level business advice that you can get from a Google search, probably with a hint of misogyny and racism. The closest you can get to a “passive income” realistically would probably be putting money into an investment account at a bank, owning a successful company and hiring people to manage it for you, or owning some property to rent out. Unfortunately, all you already need to have money for, but starting a business is definitely doable. I don’t have any experience with starting a business though so I can’t give you any advice there.

What I can offer is maybe a different way of looking at things. You were probably told so many things like you need to find your passion and chase your dreams, but I believe that that way of thinking just doesn’t work for most people. I think a “dream job” doesnt exist for most people, because your life shouldn’t revolve entirely around your job. I believe your job shouldn’t be “an End” but it should be “a Means to an End.” Your job shouldn’t be your life, it should fund the life you want. You said you were young and had no talent, you just haven’t found your talent yet. It doesn’t need to be your “passion” just something you are good at and wouldn’t hate doing everyday. I think starting a business is your best bet if you want a “passive income” and if you have an industry that you already find interesting, you might want to get a job involved in that. Find out how things should be run, and save up some money for a bit so you can branch out on your own. I hope this helps

Edit: fixed some grammar

Beware the trap of trying harder to avoid work than it is to just do the work that you need to do get money. The internet and the world in general is full of people who will tell you there are ways to avoid working. All of which involve work anyways, but with extra steps.

Also i want to someday earn money without having a job

This is possible, but you need to have ownership of something with substantial value that others are willing to give you money for it. Unless you’re given something like this (usually inheriting it) the only way to get one of these is to buy it for a very large sum of money you get from something else that will allow you to earn a small fraction of what you paid for the item of value. So unless you inherent the item, no one starts with this, but its something you can get later in life if you get enough money from elsewhere.

or where i am my own boss

This is possible to do starting with nothing, but its a very hard path. Entrepreneurship pays way WAY less than most hourly jobs for years (possible decades) and you work way WAY harder than any hourly or salary job working for someone else. Finally, the risks to your income are far FAR higher than working for someone else. Failed businesses by entrepreneurs is extremely common, and you’re frequently left with less than nothing because its common to take on debt to start or grow a business. So your business could fail, but your debt doesn’t disappear when your business income disappears.

ive tried the “simple” ways to get a grasp of learning. Ive tried free methods like surveys, games, ebay selling, etc, but i find that those are a waste of time/effort for me atleast and im lucking to break even.

If you’re trying to succeed in areas where anyone can do the thing, you’re competing with everyone that can do that thing. That’s a low chance of succeeding, as you’ve discovered.

The winning move is to specialize. Shrink your competition by doing an activity that you, and a smaller number of people can do.

and i have no talent.

People typically categorize “talent” by specific job roles such as: music, computers, athletics. Instead of a whole career role, identify what individual traits or abilities you have. This is what career counseling is for.

• Are you very detail oriented and can follow a list of instructions perfectly time and time again?
• Do you have good anomaly detection where you can look at a result and realize something is wrong or missing?
• Are there any particular extreme conditions you are quite comfortable working long hours in (high temperature, small spaces, low or no light, etc).
• Do you have extensive cultural understanding of any particular groups (language, customs, traditions)?
• Do you know if you are good working for long periods alone or the opposite where you are constantly with others?
• Do you learn best by reading, hearing, or doing?

These kind of abstract questions, and your answers, can lead you to all kinds of paths that you could be particularly well suited for that others are not! This means you’d be competing with far fewer people for roles that match your specific traits.

In short, do you know yourself well enough yet? If not, seek all kinds of work or experiences that will help you answer questions like this. The most powerful thing for anyone to be successful, in however each of us defines that, is knowing who we each are. Only then do I believe we can each chart our personalized individual paths to success.

Short answer, not really.

To elaborate: passive income is a result of already having a lot. It could be being born rich and investing, it could mean working really hard (and/or getting really lucky) and building a company or brand and living off other people running it.

But it sounds like you want it to be easy; it won’t be. Otherwise, everyone would do it.

To anwer what I consider your deeper question, there are generally only two paths to financial security:

1. Inherit (either your own family or marry into one)
2. Invest in your own human capital to maximize the income you can earn per work hour, then start saving enough of that income into buying partial ownership of the economy (e.g. via stock market capitalization-weighted index funds).

Working more hours, which “passive income” strategies almost always equate to, just robs you of what little free time you have on this planet. Almost nobody thinks on their deathbed “I wish I had spent more hours of my life working”.

school pretty much failed to teach me the right way of life.

The education system’s job is giving you the opportunity to maximize your human capital. It may have failed you there, but that doesn’t mean you need to abandon that pursuit.

Is it possible to make some form of passive income from sidehustles?

In the binary way you worded this: No. You must always leverage something to generate income. Different methods require different levels of activity, though.

Sure. I’ve sold pizza on the side of the road. I grow vanilla. People in my neck of the hood do all kinds of shit as side hustles.

Possible? Maybe. Worth your time? Probably not. If something was making you good money as “passive income” would you tell anyone about it? Or would you keep it to yourself and enjoy what you have?

Most of the people who make those types of videos (hell, most videos on YouTube) aren’t real people; they’re role players trying to sell you products.

It’s ok to do a thing just because you like it. Sometimes doing the thing is its own reward. Just because it doesn’t make you money doesn’t mean it’s not worth doing.

sidehustles

side hustles

Sell drugs