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

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

Another way to make passive income is to create a lead generation website. Lead generation websites exist to provide warnings to local businesses.

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So, lets say you produced a lead generation site that focuses on property. Youd utilize the website to educate individuals about home ownership. Or, youd instruct them about real estate investing.

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

The actual estate professional would cover you for the lead. Its a warm lead and not a cold lead, so professionals would be 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 website at the top of search engine pages would be critical to success.

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

You can earn even more money by signing up using a distinctive rewards shopping site. You will find websites which will pay you every time you shop at certain online retailers.

You just download the sites browser extension and each time youre on an e-commerce site thats eligible 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 dual cash back specials, then you can double your passive income earnings if the ideal items go on sale.

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

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

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

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

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

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

You get money for the purchase price of the course which you just created. A platform for example Teachable can perform all the heavy lifting for you when creating your course.

Regular regular people like you and me are making money on YouTube. Every time someone watches one of your videos, advertisements can appear, and you can make money from those ads. The trick to becoming successful read here with YouTube is building a big enough subscriber and viewer 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 you to make passive income from each movie indefinitely.

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

Owning a business can be a fantastic passive income resource. 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 great business idea can be a feasible source of passive income.