How to Make Passive Income in the Creator Economy
In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.)
Unfold
Who are you and what is your business?
I am Alfonso Cobo, founder of Unfold, a social storytelling app that lets you create photo templates and bio sites for selling anything.
What are the biggest trends you’re seeing in the creator economy?
The biggest trend we’re seeing is creators diversifying their income streams — users who sell products are starting to explore content, content creators are selling physical goods, and creators are dipping their toes into Web3. There’s an emphasis on becoming less reliant on any one platform, while also setting up passive income streams that bring in steady revenue so the creators have more space and…