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

Affiliate marketing can be a terrific way to produce passive income. This is because when folks 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 service or product.

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

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

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Within the website youd have links in which people 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 cover you to the lead. Its a warm 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 site. Note that you would have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your website at the top of search engine pages will be vital 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 has done very 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 special rewards shopping website. There are websites which will pay you every time you shop at certain online retailers.

You just download the websites published here browser extension and each time youre on an e-commerce site thats eligible for cash-back, youll receive a notification. I use a free website called 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 ideal things 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 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 common.  Heres how it works: you create an online shop that provides goods from certain manufacturers.

A person visits your website and requests a product, and then your system 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 those cool things about this about his type of business is that you do NOT need to purchase inventory. The client pays for the product; you collect the gains, and also the manufacturer shops and ships the goods to the client. Its as straightforward as that.

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

Online classes can be a terrific source of passive income. Heres how they work: you produce a value-packed online class 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 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 created. A platform such as Teachable can perform all the heavy lifting for you when creating your program.

Everyday regular people like you and me are making money on YouTube. Each time someone watches one of your movies, ads can appear, and you can make money from these ads. The trick to becoming successful with YouTube is building a big enough subscriber and audience base.

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It can take a lot of time up front, but once your videos have been 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. Be ready to make over 100 movies if you truly want this to take off.

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

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