The best kind of passive income is that which only requires work you’ve already completed as part of your life. That’s why we love Stuvia.
What is it?
Stuvia is a platform that allows students to sell their study notes online. The platform makes it easy for you to upload notes you’ve already taken, and allows you to set your own price which other students can then pay to download them for their own use. The best part? You don’t have to give up the rights to your notes—only make them available for download.
Who is it for?
Stuvia is obviously geared toward students (or recent former students). You’ll do especially well if you’re a diligent, organized note-taker who has taken courses commonly taken by other students. That being said, some niche courses can do well because they’re less likely to have duplicate notes already available through Stuvia.
If you’re organized, a fast typer, and either currently enrolled in classes or have recently completed classes for which you’ve taken notes, Stuvia is a great way to earn a passive income from work you’ve already completed. The best part is that you can upload your courses from anywhere in the world.
How does it pay?
Some students have already earned as much as $2,500/year on Stuvia. Though numbers like these are probably outliers, you can still find yourself earning hundreds of dollars per year from notes you’ve already taken, or already must take in the future. It requires very little set-up, just the creation of an account on Stuvia and whatever time it takes to upload your notes and set your prices. Then you can start raking in downloads and payments.
Pros of Stuvia
You can get paid for notes you’ve already taken. Even the most effective passive income streams generally require an initial time or money investment to get going. Stuvia can get you paid for something you probably already have sitting on your computer or in your notebook.
Signing up is extremely easy.
Stuvia allows you to set your own prices and rates, and adjust them over time. If you find that a certain set of notes is a top seller, you can adjust accordingly.
No limit on how many notes you can upload.
Positive ratings from other students can quickly raise your profile and lead to more downloads.
Cons of Stuvia
Unlikely to result in life-altering income
You might need to give away your first few sets of notes for free in order to gain positive ratings and build your profile.
A bit of word-of-mouth marketing might be necessary to get started.
How to Get Started
The first thing you’ll want to do is gather your notes together and assess which ones might be top sellers, though there’s no harm in uploading as much as you’ve got. Then head over to Stuvia to make an account.
Quick to set-up, with no monetary investment up-front, Stuvia is a great way to earn some passive income. It might not be the most lucrative option on our list, but the potential to earn money from work you’ve already completed makes it a great option.