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

Affiliate marketing can be a great 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 . All they need to do is purchase a product or service.

Another way to make passive income is to create a lead generation site. Lead generation sites exist to give referrals to local businesses.

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

Within the website 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 region.

The actual estate professional would pay you for the lead. Its a hot 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 site. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site near the top of search engine pages will be vital for success.

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

You can earn even more money by signing up using a special rewards shopping website. There are websites which will pay you every time you shop at certain online retailers.

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

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With their double cash 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 buy things you dont need just to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the procedure.

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

A person visits your site and orders 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 kind of business is that you do NOT need to purchase inventory. The customer pays for the product; you collect the gains, and also the manufacturer shops and ships the goods to the customer. Its as straightforward as that.

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

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online class that will help resolve a problem or fills a need.

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

You receive money for the purchase price of the course that you just created. A platform for example Teachable can do all the heavy lifting for you when creating your program.

Regular regular people like you and me are making money on YouTube. Each time someone reaches one of your videos, advertisements can appear, and you can earn money from those ads. The key to becoming effective with YouTube is building a big enough subscriber and audience base.

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It can take a great deal of time up front, however once your videos have been live there is potential for one to create passive income from each video indefinitely.

Granted you probably will not make a living from just a couple of videos. Be ready to make 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 ideal people running the business click for more for you. Whether it be via purchasing an existing business or opening a new business, your good business idea can be a viable source of passive income.