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If you dont have a web site, you can begin one for less than $3/month. Thats the price for getting a site sponsor 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 terrific way to make passive income. This is because when folks click on the affiliate links on your website, 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 websites exist to give referrals to local businesses.

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

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

The real estate professional would cover you to 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 make money by having advertisers on your website. Note that you would have to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website at the top of search engine pages would be vital for success.

Did you know that 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 very 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 distinctive rewards shopping site. There are sites which 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 site thats eligible for cash-back, youll receive 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 cash back specials, then you can double your passive income earnings if the ideal things go on the market.

Again, your earning plan goes out the window pop over to these guys if you purchase things you dont need just to earn rewards. Just go on 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 create an online shop that offers goods from certain manufacturers.

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

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

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online course that helps solve a problem or fills a need.

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

You receive money for the purchase price of the course which you just created. A platform such as Teachable can perform all of the heavy lifting for you when creating view website your course.

Everyday regular people just like you and me are making money on YouTube. Every time someone watches one of your movies, advertisements can appear, and you can earn money from these ads. The trick 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, but once your videos have been live there's 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 prepared to create over 100 movies if you truly want this to remove.

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