Business Ideas
August 15, 2024

13 Passive Income Ideas to Build Wealth in 2023

Are you looking for passive income ideas in Pakistan? You've come to the right place. 

In this blog post, we will discuss some of the best ways to create passive income streams in Pakistan. Whether you're looking to make a little extra money on the side or replace your current income altogether, there are plenty of options available to you. So let's get started!

Earning a continuous income stream is the dream of many entrepreneurs. However, finding passive income ideas that work can be challenging. 

If you're looking for some creative options to get started, check out these thirty proven passive income ideas in Pakistan.

Each method offers a unique way to make income from business while you sleep or focus on other activities. So, if you're ready to create some additional revenue streams, give one of these ideas a try!

Our experience is that adding passive income sources to your portfolio will help you make more money and achieve your financial goals more quickly. For example, investing your time and efforts with Markaz can help you achieve your financial and non-financial goals.

But you should first know what you want in order to start generating passive income. Let’s take a look at the top passive income ideas in Pakistan to get started.

What is Passive Income?

passive income ideas in pakistan

Passive income is defined as active unearned revenue that requires minimal effort to earn and keep. Investing in mutual funds, selling things online, teaching online classes, or other side hustles that don't require the worker to engage full-time are examples of passive income opportunities.

It's easy to get money without doing any work at all with passive income.

You'll be able to save money without investing a lot. This can make you feel more secure about your financial future and less stressed when you aren't forced to exchange your time for money.

Look into the following types of income techniques if you run a service and wish to cease traveling for hours or are a product firm looking to add income sources that don't involve the hassles of transporting raw material.

Are you still wondering what is passive income and common passive incomes examples:

  • Investing in property or stocks.
  • Joining an affiliate program and promoting a product or service.
  • Writing articles or creating videos for websites and blogs.

If you are looking for the best passive income ideas in Pakistan, make sure to go through the article to get some amazing ideas related to different ways of passive income. 

Types of Passive Income in Pakistan

Are you looking for passive income ideas with little money?

There are many types of passive income in Pakistan, but some of the most common passive income ideas in Pakistan include rental income, royalties, and earnings from equity investments.

  • Rental income is generated by renting out a property, such as a house, modern apartment, or land. The owner of the property collects rent from the tenants, and the income is considered passive because the owner does not have to actively do anything to earn it.
  • Royalties are payments made to someone in exchange for the use of their intellectual property, such as a patent or copyright. The owner of the intellectual property grants permission to others to use it, and they receive regular payments in return. This type of passive income can be very lucrative if the intellectual property is valuable.
  • Earnings from equity investments are profits that are generated from owning shares in a company. The investor does not have to do any work to earn this passive income in Pakistan through business, but they do take on the risk that the value of their investment could decrease. Over time, equity investments can provide a significant source of passive income.

13 Ideas On how to earn passive income in Pakistan

13 Ideas On how to earn passive income in Pakistan

In today's dynamic economy, many individuals aspire to break free from the limitations of traditional employment and explore avenues that offer greater financial freedom. 

Passive income presents an enticing opportunity to earn money on your terms, without being restricted by a fixed salary or the constraints of working for someone else. 

By investing your time, effort, and even a small amount of capital wisely, you can unlock the potential to generate passive income streams that have the potential to surpass your previous earnings.

Are you looking for passive income ideas with little money?

When you're working for someone else, your earnings are limited to what you're paid and when. But you don't have those restrictions when you're making money on your own. While the prospect of earning passive income may seem daunting, especially with limited funds, there are numerous opportunities available to enterprising individuals. 

By leveraging your resources strategically and adopting the right approach, you can embark on a journey toward financial independence. 

In the following section, we will delve into specific passive income ideas that require little initial capital investment but have the potential to yield significant returns over time

1. Markaz App: The Best Passive income in Pakistan

Markaz App is a marketplace where you find some of the best products that your customers need. Start your online business and sell these products online or within your social circle and earn from home. We use technology and data to provide the best experience to our users and empowers them to achieve more.

Markaz is a online marketplace that specializes in sourcing the best quality products at the lowest wholesale prices and then reselling them online. With over 10,000 products available, Markaz has something for everyone. You can shop from your home or office anytime, and you don't have to worry about shipping costs because Markaz takes care of all of that for you. You can earn up to 45 thousand per month! So what are you waiting for?

With Markaz App, you can be sure that you are getting quality products at an affordable price, without any hassles or surprises. So what are you waiting for?

Our marketplace allows you to find some of the best products your customers need and is the most reliable passive income source. You can start your own online business and sell these products online or within your social circle and make money from home. Markaz App uses technology and data to empower our users and empower them to achieve more. Our vision is to empower 1 million plus micro entrepreneurs in Pakistan.

So what makes the Markaz App one of the most reliable passive income sources in Pakistan:

  1. Quality Products: From some of the best manufacturers and suppliers, we source products at wholesale prices.
  2. Doorstep Delivery: For fast and efficient deliveries to our resellers and their customers, Markaz partners with the leading logistics companies
  3. Higher Earnings: Our resellers decide which commissions and channels they want to work on, and we pay them as quickly as possible.

In addition to being the best social commerce platform in Pakistan, the Markaz App has the unique distinction of being amongst the select few apps that enable passive income with little money.

Start selling today with this passive income idea with little money in Pakistan.

2. Drop Shipping: Top Rated Business Idea in Pakistan

If you ask an online business expert they will be able share a dime and dozen business ideas in Pakistan that sound good; but are they actually worth the hassle and effort?

Drop shipping is one of the best passive income ideas in Pakistan

. You don't need to carry any inventory, and you can start with very little up-front investment. Plus, there are several drop shipping tips you can use to get started quickly and efficiently.

Drop shipping works like this: you find a product you want to sell online, but instead of purchasing it from a wholesaler or manufacturer, you simply contact them and ask if they'll ship the product directly to your customer.

Many companies are happy to do this because it saves them money on warehousing and shipping costs.  

Once you have a drop shipping agreement in place, all you need to do is take orders from customers and then forward those orders along to your supplier.

They'll handle shipping the products directly to your customers - all you have to do is sit back and collect the profits!  

Drop shipping is a great way to get started in ecommerce with little risk or investment. If you're looking for more online passive income ideas, be sure to check out our blog for other great options.

To get started with drop shipping, you will need to set up an online store, either through a platform like Shopify or by building your own website. You will also need to find a supplier who offers drop shipping services and select the products you want to sell. Once you have set up your store and selected your products, you can start marketing them to potential customers through social media, advertising, and other channels.

To succeed with drop shipping, it's important to choose a niche and products that have a high demand and low competition. 

You'll also need to optimize your website and product pages for conversions, provide excellent customer service, and manage your inventory and orders efficiently. 

There are several drop shipping tips and best practices that you can use to streamline your operations and maximize your profits.

If you're looking for online passive income ideas, drop shipping is a great option. Drop shipping is a type of ecommerce business model in which you sell products without carrying any inventory.

When a customer places an order on your store, the supplier ships the product directly to the customer's door. Drop shipping is a great way to start an online business with little up-front investment.

You can also run your drop shipping business in your spare time – you don't need to quit your day job to start a successful store. Plus, there are many other benefits of drop shipping, such as:

1. Low barrier to entry: Unlike other ecommerce business models, you don't need to invest thousands of dollars in inventory to start a drop shipping store. All you need is a domain name and hosting, and you can be up and running in minutes.

2. No risk of stock shortages: Because you don't carry any inventory, there's no risk of stock shortages. This means that you'll never have to deal with angry customers who are waiting for their order.

3. Increased flexibility: Drop shipping gives you the freedom to run your business from anywhere in the world. All you need is an internet connection and you can manage your store from anywhere.

4. Easy to scale: As your drop shipping business grows, it's easy to scale by adding more products and suppliers to your store. You can also

Overall, drop shipping offers a low-risk, low-cost way to start an online business and generate passive income. 

With the right approach and dedication, you can build a profitable online store and enjoy the benefits of earning money while you sleep.

3. Print-On-Demand Store: One of the Best Sources of Passive Income

More and more entrepreneurs and business minded individuals are looking up for relevant and the best sources of passive income in Pakistan.

One such popular startup idea in Pakistan is related to print on demand stores.

A print-on-demand store allows entrepreneurs to design and sell custom merchandise such as t-shirts, hoodies, mugs, phone cases, and more, without the need for upfront inventory or production costs.

The concept of a print-on-demand store is simple: when a customer places an order on your online store, the product is printed and shipped directly from a third-party supplier, eliminating the need for you to handle printing, inventory management, and order fulfillment. 

To start a print-on-demand store in Pakistan, you need to follow several key steps. 

  • First, create an online store using an e-commerce platform like Shopify, WooCommerce, or a local platform such as Daraz or Telemart. Customize your store to reflect your brand and ensure it provides a user-friendly shopping experience.
  • Next, you'll need to partner with a reliable print-on-demand supplier. Look for local or international POD companies that offer quality printing, a wide selection of products, competitive pricing, and reliable shipping options to customers in Pakistan. 

           Some popular POD suppliers include Printful, Gooten, and Printify. Once you've chosen your supplier, you can start designing your             merchandise. 

  • Use graphic design tools like Adobe Photoshop or Canva to create unique and appealing designs for your products. Consider targeting specific niches or audiences to differentiate your store and attract potential customers.

This business model offers numerous advantages, including low startup costs, a wide range of product options, and the ability to personalize items for customers.

There are many ways to make money, but not all of them are created equal.

Some methods require active effort on your part, while others can be more passive.

If you're looking for the latter, a print on demand business might be a good option for you. So, how does a print on demand business work? In brief, you create designs that are then printed on products like t-shirts, mugs, and notebooks.

These products are then sold through your online store or through third-party platforms like Etsy or Amazon. Because you don't have to purchase inventory upfront or deal with shipping logistics, this can be a fairly hands-off way to earn income.

Of course, that doesn't mean that running a successful print on demand business is easy. You'll still need to invest time in creating attractive designs and marketing your products. But if you're looking for a relatively passive form of income, print-on-demand could be a good option for you.

Excellent customer service is crucial for the success of your print-on-demand store. 

Respond promptly to customer inquiries, address any issues or concerns, and ensure smooth order fulfillment and delivery. 

Building a strong brand reputation and positive customer experiences will help drive repeat purchases and word-of-mouth referrals.

As your print-on-demand store grows, you can expand your product offerings, explore partnerships with local artists or designers, and potentially open a physical store or pop-up shop to further enhance your brand presence.

4. Sell Digital Products

When it comes to how to make money in Pakistan, one passive income idea in Pakistan is to sell digital products

There are a lot of different digital products out there. By definition, a digital product is a product that is delivered electronically. This could be anything from an eBook to a software program.

Many people have found success selling digital products online as side hustles in Pakistan.

One of the great things about selling digital products is that there are very little start-up costs.

You don't need to worry about manufacturing or shipping costs, because everything is done electronically. All you need is a computer and an internet connection, and you're good to go!

Another benefit of selling digital products is that they can be sold internationally. There are no geographical boundaries when it comes to the internet, so you can reach customers all over the world with your product.

This opens up a whole new world of possibilities for Pakistani entrepreneurs!

So if you're looking for a side hustle that you can do from the comfort of your own home, selling digital products is definitely worth considering. With minimal start-up costs and the potential to reach a global audience, it's an option that shouldn't be overlooked.

5. Teach Online Courses

If you are still wondering how to make money in Pakistan?

Another passive income idea in Pakistan is to teach courses online.
There are many side hustles in Pakistan that can be turned into a full-time online business. Teaching is one of them. You can start by teaching English to Pakistani students who want to learn the language for work or study purposes..

In today's digital age, teaching courses online has emerged as a lucrative passive income idea in Pakistan. 

The widespread availability of high-speed internet and the increasing demand for online education make it an opportune time to share your knowledge and expertise with a global audience.

To start teaching courses online, you need to identify a subject or skill that you are passionate about and have expertise in. 

It could be anything from programming and digital marketing to cooking, photography, or language learning. 

By leveraging your knowledge in a particular field, you can create comprehensive and valuable courses that students can enroll in.

There are many online platforms that connect tutors with students, so you just need to create a profile and start applying to jobs.The great thing about online teaching is that you can work from anywhere in the world, as long as you have a stable internet connection.

You can also set your own hours and rates, which gives you a lot of flexibility. And since there is a high demand for English teachers in Pakistan, you can easily find students and build up a successful business.

But how exactly does online teaching work? Well, it’s actually quite simple. There are a number of websites and platforms that connect teachers with students, and all you need to do is create a profile and start applying for jobs. Once you’ve been hired, you’ll be able to communicate with your students via video chat or audio call, and you can use a variety of tools to share slideshows, documents, and other materials.

Promoting your courses is essential to attract students. Leverage social media platforms, email marketing, and online communities to spread the word about your courses. 

Engage with potential students by sharing previews or excerpts from your course content, offering limited-time discounts, and providing testimonials from satisfied learners.

When pricing your courses, consider factors such as the value you provide, the competition in the market, and the target audience's willingness to pay. You can opt for a one-time payment model or offer subscriptions for ongoing access to your course content.

As your courses gain traction and positive reviews, you can generate passive income through course enrollments. 

However, it's important to continue engaging with your students by responding to their questions, providing support, and updating your courses as needed to maintain their value and relevance.

Of course, online teaching isn’t for everyone. You need to be comfortable with technology and have excellent communication skills. But if you’re looking for a flexible way to earn some extra cash, online teaching is definitely worth considering.

6. Become a Blogger: Become Rich in Pakistan

Are you on the lookout for ideas on how to be rich in Pakistan

Look no further then blogging as your next destination in your journey to riches.

It is a lucrative passive income idea for students in Pakistan.

A blog is a type of website or online journal where people can write about their thoughts, experiences, and views. Usually, a blog is updated regularly with new content, although there are some that are only updated sporadically.

A blog can be about anything – from personal matters to current events, and everything in between. In recent years, blogging has become increasingly popular, with many people using it as a way to share their lives with others and make a living from doing so.

So, what is a blog? Essentially, it is a platform for sharing your thoughts and ideas with the world.

Whether you want to write about your everyday life, share your expertise on a particular subject, or comment on current affairs, a blog can be the perfect outlet for you. Not only that, but if you build up a following of regular readers, you can even make money from your blog through advertising and other revenue streams.

There are many reasons to start a blog. For some people, it’s a way to share their passion for a particular topic. For others, it’s a way to express themselves and connect with like-minded people.

And for some, it’s a way to make money.

If you’re looking to make money from your blog, there are a few things you need to keep in mind. First, you need to find a niche that you’re passionate about and that has potential to be profitable.

Second, you need to create content that is valuable and informative.

And third, you need to market your blog effectively.

If you can do all of these things, then there is potential to make a lot of money from your blog. Pakistan is an incredibly populous country with a growing middle class. This means there is huge potential for bloggers who can tap into this market

7. Rental Properties

One of the best ways to generate a steady monthly income is to invest in an income-producing property. 

A passive income business idea is to rent properties. 

On the other hand, the internet has simplified purchasing rental properties. 

You can invest in rental homes in various ways depending on your aims and interests. In addition to becoming a landlord, you can also be a limited partner in large residential or commercial properties, all from the comfort of your own home!

8. Run An Affiliate Marketing Business

A passive income idea in Pakistan is to run an affiliate marketing business.

Affiliate marketing is one of the best investments you can make in your business. It's a way to earn money by promoting other people's products and services. You can find affiliate programs for almost any product or service you can think of.

When you join an affiliate program, you agree to promote their product or service on your website, social media, or blog. When someone clicks on your affiliate link and makes a purchase, you earn a commission.

The amount of money you can earn depends on the affiliate program's terms and conditions.  Affiliate marketing is a great way to earn extra income, but it's not a get-rich-quick scheme. It takes time and effort to build up a successful affiliate marketing business. But if you're willing to put in the work, it can be a great way to earn some extra money - or even replace your full-time income! 

So what is an affiliate link?

An affiliate link is a special type of link that allows an affiliate to receive commission for referring customers to a merchant’s site.

When a customer clicks on an affiliate link and makes a purchase, the affiliate receives a commission.

Affiliate links are typically produced by engaging in affiliate marketing. This involves partnering with other businesses in a mutually beneficial relationship where businesses agree to promote each other’s products or services. In return for referral traffic, businesses pay affiliates a commission for each resulting sale.

There are many different types of affiliate programs, but the two most common are cost-per-sale (CPS) and cost-per-click (CPC). With CPS programs, affiliates earn a commission every time they refer a customer who then goes on to make a purchase. With CPC programs, affiliates earn a commission every time their referrals result in a click, even if those clicks don’t result in sales.

Both CPS and CPC programs can be very profitable for affiliates, making affiliate links one of the best possible investments they can make. In Pakistan specifically, there is great potential for both kinds of affiliate programs given the large population and growing economy.

With so many people online and searching for products and services, there is vast opportunity for Pakistani affiliates to generate substantial income by promoting Pakistani merchants through affiliate marketing.

9. Write an e-book

There's no doubt that e-books are becoming increasingly popular, with sales skyrocketing in recent years. But what does this mean for authors looking to generate revenue from their writing?

Are online revenue streams from e-books a viable option?

The short answer is yes!

While it's true that the traditional publishing industry is struggling to keep up with the pace of change, there are still plenty of opportunities for authors to make money from their e-books. Here are a few ideas to get you started:

1. Sell your e-book directly to readers through your own website or blog. This is a great way to control pricing and ensure that you get the lion's share of the profits.

2. Use an online aggregator like Amazon Kindle Direct Publishing or Smashwords to reach a wider audience. These platforms take a cut of your sales, but they're excellent tools for getting your e-book in front of potential buyers.

3. Offer your e-book as a freebie on popular sites like Intrafebrile or Freebooksy. This can help you build an audience and generate interest in your work. Just be sure to include links back to your website or sales page so people can purchase the full version if they're enjoying your freebie!

With so many options available, there's no reason not to give selling e-books a try.

This is one of the ways of passive income in the country. 

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10. Selling Stock Photos

Are you thinking about how to earn passive income in Pakistan? A passive income idea in Pakistan is selling stock photos.
If you're an aspiring photographer, chances are you've considered selling your photos online. And why wouldn't you? With the rise of digital photography, there's a growing market for stock photography - images that can be used by businesses and individuals for a variety of purposes. And if you're good at taking pictures, there's no reason you can't get in on this lucrative industry.

So, how do you sell stock photography online? Here are a few tips to get you started:

1. Find a niche. There's a lot of competition out there, so it's important to find a niche where you can excel. Whether it's landscapes, portraits, or something else entirely, focus on honing your craft in a particular area. This will make it easier to sell your photos and stand out from the crowd.

2. Research sites. Once you've found your niche, it's time to start researching stock photography sites. There are a number of these sites available, and each has its own guidelines and requirements. Familiarize yourself with a few of them and choose the one that best suits your needs.

3. Submit photos. Once you've chosen a site, it's time to start submitting your photos! Be sure to read the guidelines carefully and only submit your best work - remember, this is your portfolio!

4. Market yourself. In addition to submitting great photos, it's also important to market yourself as a photographer.

11. Become an Instagram Influencer

It is also a great passive income idea for students in Pakistan.

One side hustle in Pakistan is to become an Instagram influencer to earn passive income Pakistan.

There are a number of ways that you can make money on Instagram. One of the best ways is to start your own business. If you have a product or service that you can offer, then you can promote it on Instagram and reach a wide audience. You can also offer products and services as an affiliate, which means that you earn commission on sales made through your posts.

There are also a number of brands that are looking for Influencers to promote their products, and this can be a great way to make money on Instagram.

There's no question that Instagram is one of the hottest social media platforms out there. With over a billion monthly active users, it's a veritable goldmine for businesses of all sizes.

But how much money can you really make on Instagram?

While there are plenty of people out there who are raking in the big bucks with their carefully curated feeds, the fact is that most people aren't going to become overnight millionaires just by posting a few photos.

That being said, there's still good money to be made on Instagram if you know how to play your cards right.

For starters, it's important to have a large and engaged following. The more people who see your posts, the more likely you are to generate income from sponsored content or product sales.

If you can get even just a small percentage of your followers to take action, you'll start seeing some serious cash flow.Of course, simply having a lot of followers isn't enough - they need to be high-quality followers who are actually interested in what you're sharing. That means posting content that appeals to your target audience and providing value that keeps them coming back for more.

If you can do that, you're well on your way to making serious money with your Instagram account. 

12. Licensing Music

A passive income business idea is licensing music.

When someone uses your music, you can license it and get paid a percentage of the royalties which makes it one of the best passive income in Pakistan.. YouTube videos, ads, and more frequently used music licensed on the internet.

There is a greater demand for music than ever before, and people are prepared to pay for it because of the proliferation of YouTube videos and podcasts.

So if you want to earn passive income Pakistan, make sure to start earning via this amazing method.

13. Create an App

Are you looking for the best passive income  in Pakistan?

One passive income business idea is to create an app.

Do you want to create an app in 2023?

Here are some tips to help you get started.

First, you need to research the market and find out what kind of apps are popular. You can do this by looking at the most downloaded apps on the App Store or Google Play. Once you know what kind of apps are popular, you can start planning your own app.

Next, you need to create a prototype of your app. This will help you get feedback from potential users and make sure that your app is user-friendly. You can create a prototype using a service like IN Vision or Adobe XD.

After your prototype is complete, it's time to start marketing your app. You'll need to create a website and social media accounts for your app, and start promoting it online. You can also submit your app to directories like App Annie or The FWA.

Conclusion

passive income ideas with little money

In today's economy, it can be challenging to make ends meet with just one source of income. 

That's why passive income is an attractive option for those looking to boost their earnings and secure their financial future. 

Passive income streams require some initial investment of time or money but can continue to generate revenue over time with minimal effort. 

Are you wondering how to earn passive income in Pakistan?

In Pakistan, there are many opportunities to earn passive income, and the options are diverse, ranging from e-commerce to freelance work.

One platform that has been gaining popularity in Pakistan is Markaz, which is supercharging the social commerce rails in the country. 

Markaz allows resellers to earn passive income by organizing Pakistan's best suppliers and reseller community. 

The platform offers an opportunity to earn upwards of Rs. 45,000 by selling products from the comfort of one's home.

If you're interested in earning passive income in Pakistan, you can explore various options such as freelancing, social media management, online tutoring, delivery services, graphic design, photography, virtual assisting, e-commerce, personal shopping and styling, and translation services. 

Each of these options has its own advantages, and the best one for you will depend on your skills, interests, and availability.

In conclusion, earning passive income is an excellent way to supplement your existing income and increase your financial stability. 

Whether you choose to pursue an opportunity like Markaz or explore other options, investing your time and effort into a passive income stream can be a smart move toward securing your financial future. 

So, don't hesitate to take the first step towards increasing your income and contact Markaz to learn more about their platform and how you can get started.

Frequently Asked Questions

1-What is the best business in Pakistan?

This is a difficult question to answer as every business has its own strengths and weaknesses. That being said, here are a few businesses that might be worth considering if you're looking for a good place to start your own business:

1. Online marketing agencies - These businesses provide a wide range of services such as website design, online marketing, and SEO. They can help you to boost your website's visibility and generate more traffic.

2. E-commerce stores - These businesses sell a variety of products online, and they can be a great way to start your own business. They usually have high customer turnover rates, so it's important to keep track of inventory and customers' orders closely.

3. Home-based businesses - These businesses can be a great way to make some extra money while you're still in school or working full-time. They usually require very little up-front investment, and the returns can be quite high.

As always, it's important to do your research before starting any business.

2-How to increase income in Pakistan?

Some general tips that may be helpful include:

1. Invest in yourself - The most important thing you can do for your career and future income is to invest in yourself. This means studying hard and expanding your knowledge, both professionally and personally.

2. Get involved in the local community - By getting involved in your local community, you can connect with potential customers and partners who may be interested in your services or products. This way, you'll be able to expand your reach and grow your business at a much faster rate.

3. Think outside the box - If there's something you're passionate about that isn't currently being offered on the market, there's a good chance that you can create a unique solution that attracts customers. Be open to new opportunities and don't be afraid to try new things to see what works best for you and your business.

4. Stay up to date with industry changes - Keeping up with industry trends can help you stay ahead of the competition and stay within the limits of regulations. It also helps you stay ahead of any new technologies or strategies that may come out of nowhere and challenge your business model.

Hopefully, these tips will help you find ways to increase income in Pakistan so that you can reach your financial goals!

3-How to become rich in Pakistan?

If you are searching for ideas on how to become rich in Pakistan, there are a few things you can do. First, invest in real estate. The country is experiencing rapid economic growth, and property values are rising. Second, start your own business. With a population of over 200 million people, there is a huge market for goods and services. third, invest in stocks and mutual funds. The Pakistani stock market is one of the fastest-growing in the world, and offers great opportunities for investors. fourth, save your money. Even if you don't make a lot of money, if you save wisely, you can amass a large sum of money over time. Finally, don't be afraid to take risks. Many of the richest people in Pakistan have made their fortunes by taking risks and investing in new ventures.

4-What are 3 reliable passive income business ideas for you in 2023?

There are many ways to generate passive income, but some methods are more reliable than others. Here are three ideas for building wealth through passive income in 2023:

1. Rental properties: This is a tried-and-true method of passive income that can be quite lucrative. By investing in rental properties, you can generate regular income while also building equity.

2. Dividend stocks: Another way to generate passive income is through dividend stocks. This involves investing in stocks that pay dividends, which can provide a steady stream of income.

3. Peer-to-peer lending: Peer-to-peer lending is a relatively new way to generate passive income, but it can be quite effective. By lending money to others through platforms like Lending Club, you can earn interest on your investment without actively managing it.

What are the best side hustles in Pakistan?

There are many side hustles in Pakistan that can be pursued depending on one's skills and interests. 

Popular options for side hustles in Pakistan include freelance writing, social media management, online tutoring, delivery services, graphic design, photography, virtual assisting, e-commerce, personal shopping and styling, and translation services. 

These side hustles in Pakistan can provide additional income and the flexibility to work on one's own schedule.

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