Passive Income Ideas For Salonists [2024]

Pat Walls

•

Updated: September 21st, 2024

Are you a salonist on the lookout for innovative ways to boost your income in 2024?

With the dynamic and ever-evolving beauty industry, there's never been a better time to delve into the world of passive income. Imagine earning money even when you're not holding a pair of scissors or perfecting that flawless manicure!

In the pursuit of financial freedom and flexibility, we've curated a list of passive income ideas that are specifically tailored for salonists like you. Whether you're a hairstylist, nail technician, or skincare expert, these strategies will empower you to leverage your skills and industry know-how to earn extra cash on the side.

Ready to explore new avenues and unlock the potential for additional revenue streams? Keep reading to discover creative and practical ways to supplement your income without compromising your passion for beauty and wellness.

1. Make passive income with a stock photography business ($14.6K/month)

Here's the full list:

How much you can make: $1,200 — $45,000/month

How much does it cost to start: $3,500 (?)

How long does it take to build: 60 days (?)

How I Started A Commercial Product Photography Business

Pro Photo Studio founder Tsour Lee Adato shares how she turned a $5k investment into a business that services over 500 clients annually and makes approximately $350k per year with plans to expand and become a 7-figure business while offering advice to fellow entrepreneurs to always be innovating, learning and growing, and not to undervalue themselves.

Read this case study

Read by 15,481 founders

2. Make passive income with an online course sales business ($85K/month)

Here's the full list:

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 (?)

I Make $120K/Year With My Print On Demand T-Shirt Side Hustle

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.

Read this case study

Read by 12,037 founders

3. Make passive income with a YouTube channel ($72.1K/month)

Here's the full list:

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 (?)

How A Young Entrepreneur From Nigeria Started A Profitable Blog

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.

Read this case study

Read by 12,323 founders

4. Make passive income with a health and wellness app ($108K/month)

Here's the full list:

How much you can make: $600 — $300,000/month

How long does it take to build: 200 days (?)

I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

Read this case study

Read by 8,616 founders

5. Make passive income with a garage organizer business

Here's the full list:

How much you can make: $10,500/month

How We Started A $10K/Month Design Studio

Curate Labs is a creative practice focused around ethical and sustainable design, with an annual publication that champions good business and a travel platform that advocates conscious travel, founded in 2016 by co-founders Abb-d Choudhury and Sara, bootstrapped, now turning into one business with 3 departments and aiming for 50-100% increase in revenue.

Read this case study

Read by 9,132 founders

6. Make passive income with a niche blog ($31.5K/month)

Here's the full list:

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 (?)

How I Turned A Crappy Idea Into A $3M/Year Business

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.

Read this case study

Read by 78,257 founders

7. Make passive income with a cake decorator

Here's the full list:

How much you can make: $4,000/month

How much does it cost to start: $300 (?)

How long does it take to build: 90 days (?)

I Opened My Dream Bakery With Just $500 [Based In Texas]

From pastry chef to owner of a successful bakery, learn how Bradford Bakery achieved a 550% increase in SEO in just a few months through community outreach, building a website, and utilizing social media and advertising on platforms like Facebook and Groupon.

Read this case study

Read by 4,761 founders

8. Make passive income with an ace hardware franchise business

Here's the full list:

9. Print on demand business ($411K/month)

Here's the full list:

How much you can make: $200 — $3,000,000/month

How long does it take to build: 30 days (?)

Time commitment per week: Min. 5 hours/week

How I Started A $330K/Month Ecommerce Specialized In 3D Printing

Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.

Read this case study

Read by 29,966 founders