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In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site sponsor a company that stores your site on servers so that 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. This is because when people click on the affiliate links on your site, you are given a commission at no additional cost to them. All they need to do is buy a service or product.

Another way to produce 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 that focuses on property. Youd utilize the website in order to educate individuals about home ownership. Or, youd instruct them about property investing.

Within the website 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 region.

The actual estate professional would pay you to 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 earn money by having advertisers on your website. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your site near the top of search engine pages would be critical to success.

Did you know that 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 with a special rewards shopping website. You will find sites that will pay you every time you shop at certain online retailers.

You just download the websites browser extension and each time youre on an e-commerce website thats eligible for cash-back, youll get 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 cash back specials, you can double your passive income earnings if the right things go on sale.

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

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

A person visits your site and requests a product, and then your machine sends the purchase to the particular 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 order inventory. The customer pays for the merchandise; you collect the gains, and the manufacturer shops 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 like Shopify to build your online store.

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online course which 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. Clients sign up to buy the course, and your system automatically emails them everything they need to get the materials.

You receive money for the price of the course that you just 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. Each time someone reaches one of you can check here your movies, advertisements can look, and you can make money from these ads. The key to becoming effective 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 are live there is potential for one to make passive income from each movie indefinitely.

Granted you will likely not make a living off of just a few videos. Be ready to create over 100 videos 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 through the purchase of an existing business or opening a new business, your good business idea can be a viable source of passive income.