Americans are known for their entrepreneurship because everyone wants to own their own business. Many people are creative enough that they can come up with a great idea to make some money, and before you know it you can quit your regular day job. In recent years, people have become even more excited about the possibility that they might be able to work fewer than 40 hours a week and earn a good living, and this idea has become more popular with the release of the book The Four Hour Workweek. In reality though, you don't need to buy a book or read through hundreds of pages to figure out how to earn an income doing something you love. One of the best ways to start earning some passive income is by creating a website that will draw in lots of traffic. If you can come up with a domain name that brings people to your website, then you can make some good money regardless of what you put on that site.

Try to think of some interesting web addresses that might get traffic from people who are searching the internet. People often type all kinds of things into their browser bars whenever they want to search for a topic online or even if they're looking for a specific website or store. If you have ownership of the domains that they wind up coming across, then you can redirect those people to different websites and earn some good money. Most people earn money from their websites by getting revenue from advertisements, but you'll make a lot more from advertisements if you have more people coming to your website. Make sure that you don't choose a web address that is too difficult to remember or type in because you want to make it as easy as possible for people to get to your website. Choose some domain names that are short and easy to type to maximize traffic to your website. You may also be able to earn some money be registering a domain that is closely related to a popular and successful website because if people accidentally misspell or mistype that web address that they are trying to reach, they'll wind up at your website instead.

Creating a website that earns money off of advertisements isn't going to earn you a ton of money unless you actually put some good content on your website and encourage people to visit it. Still, you can earn hundreds or thousands of dollars every year from just purchasing web addresses and earning ad revenue when people click on links you direct them to. Other ways of earning money include becoming an affiliate of a business, which again means you have people click on a link to another website. For example, if someone links to an online retailer through your website and then makes a purchase, you'll earn money as an affiliate of that retailer. With some good domains and traffic, you can start earning passive money easily online and fulfill your dream of being self-employed.