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If you dont have a website, you can start one for less than $3/month. Thats the price for getting a website host a company that stores your site 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 make passive income. That is because when people click on the affiliate links on your site, you receive a commission at no additional cost to them. All they need to do is purchase a product or service.

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

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Therefore, 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 property investing.

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

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

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You could also make money by having advertisers on your website. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website at the top of search engine pages will be critical to success.

Did you know that you can sell your own products on Amazon and have them even send the products for you I really have a friend who's done really well with this 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 which will pay you every time you shop at certain online retailers.

You simply download the websites browser extension and each time youre on an e-commerce website thats eligible for cash-back, youll receive a notification. I use a free site named Ebates, which will pay you $10 just for signing up.

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Using their double money back specials, then you can double your passive income earnings if the right items go on the market.

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

With the explosion of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you make an online store that offers products from certain manufacturers.

A person visits your site and requests a product, and then your machine sends the order to the particular manufacturer. The find out this here manufacturer then completes the order by shipping it directly to the client.

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One of those cool things about this kind of business is that you do NOT need to purchase inventory. The client pays for the merchandise; you collect the profits, and the manufacturer stores and ships the products to the client. Its as straightforward as that.

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

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

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The course can include videos, e-books, and emails with pertinent information. Clients sign up to purchase the program, and your system automatically emails them everything they need to access the materials.

You receive money for the purchase 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 like you and me are making money on YouTube. Every time someone watches one of your videos, ads can appear, and you can earn money from these ads. The trick to becoming successful with YouTube is building a large enough subscriber and viewer base.

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It can take a lot of time up front, but once your videos have been dwell there is potential for you to make passive income from each video indefinitely.

Granted you will likely not make a living off of just a couple of videos. Be prepared to make over 100 movies if you really want this to take off.

Owning a business can be a good passive income resource. The trick 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 viable source of passive income.