Create a Service Company and then Outsource

Visit a website like Upwork.com and you’ll realize there is a lot of companies outsourcing their services. Among the services that are easy to outsource include; programming, design, writing, marketing, administration, consulting, legal, and engineering work.

The key to making some serious passive income in this business is paying a little above the market average. This makes the overseas worker feel appreciated. Note that you should not pay what such workers are being paid in the Western countries otherwise your margins will be just 5% to 8% just like all other small businesses.