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

Affiliate marketing can be a great way to make passive income. This is because when folks click on the affiliate links on your site, you are given a commission at no additional cost . All they have to do is purchase a service or product.

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

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Therefore, lets say you created a lead generation website which focuses on property. Youd use the website in order to educate individuals about home ownership. Or, youd educate them about property 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 some 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 make money by having advertisers on your site. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site near the top of search engine pages will be vital for achievement.

Did you know that you can sell your own products on Amazon and have them even send the products for you I actually have a friend who's 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 site. There are websites which will pay you each time you shop at certain online retailers.

You simply download the websites browser extension and each time youre on an e-commerce site thats qualified 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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With their dual money back specials, you can double your passive income earnings in the event the ideal items go on sale.

Again, your earning plan goes out the window if you purchase things you dont need just to earn find here rewards. Just go about 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 make an online store that provides products from certain manufacturers.

A person visits your site and orders a product, and then your machine sends the purchase 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 merchandise; you collect the profits, and also the manufacturer stores and ships the products to the client. Its as simple 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 shop.

Online classes can be a great source of passive income. Heres how they operate: you create a value-packed online course that helps solve 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 purchase the course, and your system automatically mails them everything they need to get the materials.

You receive money for the price of the course which you created. A platform such as 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. Every time someone reaches one of your videos, ads can look, and you can make money from those ads. The trick to becoming effective with YouTube is building a large 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's potential for one to create passive income from each video indefinitely.

Granted you probably will not make a living off of only a couple of videos. Be prepared to create over 100 movies if you truly 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 through the purchase of an existing business or opening a new business, your great business idea can be a viable source of passive income.

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