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If you dont have a website, you can begin one for less than $3/month. Thats the cost for getting a website sponsor a company that stores your website on servers so it can be viewed on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a terrific way to produce passive income. That is because when folks click on the affiliate links on your website, you are given a commission at no additional cost . All they need to do is buy a service or product.

Another way to make passive income is to make a lead generation site. Lead generation sites exist to provide warnings to local businesses.

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So, lets say you created a lead generation site which focuses on property. Youd utilize the site to educate people about home ownership. Or, youd educate them about real estate investing.

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Within the site youd have links where people could contact you to learn more. When someone contacts you, you refer them to some real estate professional in their area.

The real estate professional would cover you to the lead. Its a warm lead and not a cold encounter, so professionals are more willing to pay.

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You could also make money by having advertisers on your site. Note that you may need to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your site at the top of search engine pages will be vital for achievement.

Did you know you can sell your own products on Amazon and have them even send the goods for you I really have a friend who's done really well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up using a distinctive rewards shopping site. There are websites that will pay you each time you shop at certain online retailers.

You simply download the sites browser extension and each time youre on an e-commerce site thats qualified for cash-back, youll get a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their double money back specials, you can double your passive income earnings if the ideal things go on the market.

Again, your earning strategy goes out the window if you buy things you dont need just to earn rewards. Just go on your shopping as normal, and potentially earn a nice cash bonus in the process.

With the explosion of eCommerce, drop shipping has become very popular.  Heres how it works: you create an online store that provides goods from certain manufacturers.

A person visits your site and orders a product, and then your system sends the order to the specific manufacturer. The manufacturer then completes the order by shipping it directly to the customer.

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One of those cool things about this type of business is that you do NOT need to order inventory. The customer pays for the merchandise; you collect the gains, and also the manufacturer stores and ships the products to the client. Its as simple as that.

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In case youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

Online courses can be a terrific source of passive income. Heres how they work: you create a value-packed online class which will help solve a issue or fills a need.

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The class can include videos, e-books, and mails with pertinent information. Customers sign up to buy the program, and your system automatically mails them everything they need to get the materials.

You receive money for the price of the course that you created. A platform such as Teachable can perform all of the heavy lifting for you when creating your course.

Everyday regular people just like you and me are making money on YouTube. Every time someone reaches one of your videos, ads can appear, and you can earn money from these ads. The key to becoming successful with YouTube is building a large enough subscriber and audience base.

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It can take a great deal of time up front, but once your videos are live there's potential for one to create passive income from each movie indefinitely.

Granted you will likely not make a living from just a few videos. Resources Be ready to create over 100 movies if you really want this to remove.

Owning a business can be a fantastic passive income source. The key is in having the right people running the business for you. Whether it be via the purchase of an existing business or opening a new business, your good business idea can be a feasible source of passive income.

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