Passive Income Ideas For Augmented Reality Developers [2024]
Interested in earning passive income as a augmented reality developer in 2024?
We put together a few of the best passive income ideas you can start as a augmented reality developer today. These will help you increase your quality of life by bringing in more income for yourself or your business.
For each income idea, we’ll show you real-world examples, revenue expectations for each idea, plus some things you might need to know before you start your passive income journey as a augmented reality developer.
Here's the full list:
1. Make passive income with a podcast ($97.9K/month)
Starting a podcast could be a great way for you as an augmented reality developer to supplement your income. You could create episodes about the latest trends in AR technology, share tips on coding and development, or even interview industry experts. With the growing interest in tech innovations, your podcast could attract a dedicated audience eager to learn more.
You'll need some basic equipment like a microphone and headphones, and you can keep your costs low by using affordable or free hosting platforms. Promoting your podcast through social media and online communities can help you build a following, which might eventually attract sponsors or advertisers. This could turn your podcast into a source of extra money and even passive income.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
2. Make passive income with an online course sales business ($85K/month)
Starting an online course sales business could be a great way for you as an augmented reality developer to make extra money and even generate passive income. You have a unique skill set that many people would love to learn about, from creating engaging AR experiences to developing AR applications. By packaging your knowledge into an online course, you could teach newcomers and aspiring developers essential AR techniques and best practices.
The e-learning market is booming, and it's expected to be worth over $645 billion in the next few years. Given this growth, there's a significant demand for quality educational content, and your expertise in augmented reality is a perfect fit. All you need to do is choose a target audience, develop your course, and select an online platform to sell it on. This way, you can earn money while helping others dive into the exciting world of augmented reality.
How much you can make: $100 — $300,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
3. Make passive income with a YouTube channel ($72.1K/month)
Starting a YouTube channel could be an excellent way for you as an augmented reality developer to share your knowledge and create a new income stream. You could produce content that showcases your AR projects, offers tutorials on developing AR apps, or shares insights into the latest trends and technologies in the AR world. This not only establishes you as an expert in your field but also opens up revenue opportunities through ads, sponsorships, and even selling your merchandise.
You might also consider making videos that demonstrate practical applications of AR in everyday life or in different industries. This could attract a wide audience, from fellow developers to potential clients interested in integrating AR solutions into their businesses. By consistently uploading high-quality content and engaging with your audience, you could turn your YouTube channel into a significant source of passive income while bolstering your professional profile.
How much you can make: $2,000 — $333,333/month
How much does it cost to start: $5,250 (?)
How long does it take to build: 30 days (?)
This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.
4. Make passive income with a mobile app ($70.3K/month)
As an augmented reality developer, creating a mobile app could be a natural extension of your skills, allowing you to turn innovative ideas into a passive income stream. Imagine leveraging your expertise to design engaging AR experiences that captivate users, such as interactive games, educational tools, or productivity apps. With your background, you could develop a unique app that stands out in the crowded market, offering highly interactive and immersive features that typical apps lack.
Starting a mobile app business does require some upfront effort, such as planning the user experience, designing compelling interfaces, and thoroughly testing your app for any bugs. However, once your app is up and running, it could start generating revenue through in-app purchases, ads, or premium versions, providing a steady flow of income over time. Given the increasing reliance on mobile technology, your well-crafted AR app could reach a wide audience and create a significant impact while adding a new revenue stream to your current career.
How much you can make: $1 — $500,000/month
How long does it take to build: 180 days (?)
BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.
5. Make passive income with a wordpress plugin business ($33.4K/month)
As an augmented reality developer, you could leverage your technical skills to create WordPress plugins that solve specific problems or enhance website functionality. WordPress websites rely heavily on plugins to operate efficiently, and your expertise in programming gives you a head start in developing unique and useful solutions.
Consider identifying a common issue or pain point that website owners face and developing a plugin to address it. Once your plugin is ready, you could sell it on online platforms like CodeCanyon, or even on your own blog or a dedicated website. This way, you could generate a steady stream of passive income while continuing your primary work in augmented reality.
How much you can make: $120 — $120,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Wheely Sales CEO Josh created a lucky wheel popup that has grown revenue from $0 to $600/month in just 4 months since getting started and has attracted over 1.1 million users to his customers’ websites, all while proving that when it comes to creating a product, competition is validation.
6. Make passive income with a social media automation business ($139K/month)
As an augmented reality developer, you could use your technical skills to start a social media automation business, helping others manage their social media accounts more efficiently. By developing tools or integrating existing software to schedule posts, automate interactions, and analyze data, you provide a valuable service that saves time and enhances social media presence for your clients.
The demand for consistent and strategic social media engagement is growing, and businesses and influencers are willing to pay for automation solutions. This venture allows you to leverage your expertise in developing innovative solutions while exploring a new revenue stream.
How much you can make: $4,000 — $400,000/month
How long does it take to build: 50 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
7. Make passive income with an ai based business solution ($55.8K/month)
As an augmented reality developer, you could supplement your income by starting an AI-based business solution. Integrating artificial intelligence can streamline business processes such as customer service, inventory management, and data analysis. This could be especially appealing since AI tools can predict market trends and automate repetitive tasks, which would free you up to focus on more innovative aspects of your AR projects.
With many AI platform providers offering user-friendly interfaces and robust support systems, you don’t need an advanced tech background to get started. The demand for AI solutions is rapidly growing, making it a prime time to explore this opportunity. By targeting high-impact areas, you could create a competitive edge for businesses and establish a new, passive income stream for yourself.
How much you can make: $4,000 — $120,000/month
How long does it take to build: 125 days (?)
Mikkelsen Twins grew an online education company from scratch with over 800 students, making over 6-figures in profit every month thanks to their successful program, Audiobook Income Academy 2.0.
8. Make passive income with an affiliate marketing business ($77.5K/month)
Starting an affiliate marketing business could be a natural fit for an augmented reality (AR) developer. In this role, you could leverage your technical skills and industry knowledge to promote AR-related products and services. For instance, you might partner with eCommerce stores or manufacturers that offer AR hardware, software, or educational courses.
By creating content that showcases the practical uses and benefits of these products, you could attract an audience interested in AR technology. As your audience makes purchases through your affiliate links, you would earn commissions, turning your expertise into a steady stream of passive income. This allows you to supplement your primary income while staying engaged in the AR field you love.
How much you can make: $500 — $773,000/month
How much does it cost to start: $700 (?)
How long does it take to build: 60 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
9. Make passive income with a niche blog ($31.5K/month)
Starting a niche blog could be a smart way for you as an augmented reality developer to share your specialized knowledge and grow a passionate online audience. You could create content that focuses on different aspects of augmented reality, such as development tips, tutorials, industry news, and reviews of the latest AR tools and technologies.
Gaining a following and generating traffic to your blog opens up the possibility of monetization through affiliate links, sponsored content, and brand collaborations. Additionally, you could expand your influence by creating a YouTube channel for video tutorials and reviews, increasing your reach. Passion, consistency, and engaging with your readers are key to turning your blog into a steady stream of passive income.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Starter Story grew to 1.4 million monthly visitors and millions in annual revenue by sharing the stories of entrepreneurs. Pat breaks down the early days and how he grew the business into something that changed his life.
10. Make passive income with a niche website ($107K/month)
As an augmented reality developer, you could leverage your expertise by creating a niche website focused on AR technology. This site could offer valuable insights, tutorials, and product reviews related to augmented reality, attracting a dedicated audience interested in this growing field. By sharing your specialized knowledge and experiences, you could position yourself as an authority in AR.
To monetize your site, you could explore options like affiliate marketing with AR hardware and software companies, displaying ads, or even selling your own digital products such as e-books or courses. With a consistent effort in content creation and SEO, your niche website could gradually attract traffic and generate passive income. This could be a rewarding way to supplement your income, while also contributing to the AR community.
How much you can make: $400 — $250,000/month
How long does it take to build: 60 days (?)
DPW (Digital Procurement World) is a fast-growing conference and community in procurement that has more than tripled in revenue since launching in 2019, capping out the year at €1.8 million, with 95% of their growth coming from inbound traffic leveraging LinkedIn and applying social selling techniques.
11. Make passive income with an AI writing tool ($255K/month)
As an augmented reality developer, you could explore the creation of an AI writing tool to supplement your income. Leveraging your technical skills, you could design a digital tool powered by Artificial Intelligence to generate accurate and engaging content for businesses, bloggers, and students. This tool could significantly enhance the efficiency and quality of writing processes, offering users an automated, error-free, and time-saving solution.
With the growing demand for constant, high-quality content, the venture into AI writing tools could be both innovative and highly relevant. Not only would this side project allow you to diversify your income stream, but it would also position you as a provider of a much-needed technology in today's digital landscape. By tapping into this market, you have the opportunity to ease the workload for writers worldwide and impact the content creation industry positively.
How much you can make: $4,000 — $1,000,000/month
How long does it take to build: 52 days (?)
Rytr, a new AI writing assistant developed by a startup platform and business incubator, has become a market leader, serving over 300,000 customers across the world and doing seven figures in ARR.
12. Make passive income with a lead generation tool ($108K/month)
As an augmented reality developer, creating a lead generation tool could open up new income opportunities for you. Instead of manually seeking out clients, your tool could automate this process, gathering valuable customer data like email addresses and interests from websites, social media, and other digital platforms. This would be extremely useful for businesses looking to streamline their marketing efforts and attract the right customers efficiently.
Given the rising demand for such tools, you could tap into a lucrative market. Your tech skills could be leveraged to build a sophisticated platform that not only collects leads but also enhances the user experience through AR elements. By helping businesses grow their customer bases, your tool could become an essential part of their marketing arsenal, providing you with a steady stream of passive income.
How much you can make: $1,000 — $400,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 90 days (?)
Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.
13. Make passive income with an email marketing tool ($992K/month)
As an augmented reality developer, starting an email marketing tool could open up new streams of passive income by leveraging your technical skills. You could develop a unique email tool tailored to the needs of specific industries, such as enhancing email campaigns with interactive AR content. This could differentiate your tool from others on the market and cater to businesses looking to make their emails more engaging.
Additionally, the email marketing industry is experiencing significant growth, and businesses are always seeking innovative ways to reach their audience. By creating a functional and user-friendly email marketing tool, you could attract a wide range of users, from entrepreneurs to real estate agents. Over time, subscription fees from these users could provide a steady stream of passive income.
How much you can make: $120 — $20,833,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 180 days (?)
H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
