Lately I’ve been bouncing ideas with some friends on ways to earn extra passive income. So far the most reasonable ways are making templates and ads on this blog. There are many articles( like not by the hour and 20+ Passive Income Resources) that also cover this topic and they show more ways of doing it; however they don’t work for me personally.
Anyhow, in about a month (after I get a new computer), I will test the waters of selling templates. I’ll make a simple template and I’ll put it on Theme Forest, which seems to be the most simple way to showcase and sell themes right now; and although I’m not raving about the payout structure I still think its fair enough.
The question now is, what kind of template to make? I’m personally not too happy with Joomla development so I think that one is out and I’ve never worked with Drupal so that one is out too. That leaves me with a plain html template and WordPress, I think both take about the same time to develop, so by looking at the current popularity of WordPress I think it would be smart to start out making a template for WordPress.
In conclusion, my target will be to make a simple WordPress template(ie. no support for widgets unless I change my mind) and trying to sell it between $10 and $15 dollars on Theme Forest. Hopefully after two months on the market I would have gathered enough information to either make me want to make another template or make me look elsewhere for passive income sources. I’ll try to write report by Jan 09 with the results of this experiment.