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If you dont have a web site, you can start one for less than $3/month. Thats the cost for getting a website sponsor a company that stores your site on servers so 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 produce passive income. This is because when people click on the affiliate links on your site, you receive a commission at no additional cost . All they have to do is purchase a service or product.

Another way to make passive income is to create a lead generation site. Lead generation websites exist to provide warnings to local businesses.

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Therefore, lets say you created a lead generation website that focuses on real estate. Youd utilize the website to educate individuals about home ownership. Or, youd educate them about property investing.

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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 area.

The actual estate professional would pay you for the lead. Its a warm lead and not a cold encounter, so professionals are 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) principles in order to make the website successful. Getting your site at 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 really have a friend who has done really well with this he earns six figures per year selling his own products online.

You can earn even more money by signing up with a distinctive rewards shopping site. You will find websites which will pay you each time you shop at certain online retailers.

You simply download the sites 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 named Ebates, which will pay you $10 just for signing up.

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With their double cash back specials, you can double your passive income earnings if the ideal things go on sale.

Again, your earning strategy like it goes out the window if you buy things you dont need just to earn rewards. Just go about your shopping as normal, and potentially view 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 shop 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 those cool things about this kind of business is that you do NOT need to order inventory. The client pays for the merchandise; you collect the profits, 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 courses can be a terrific source of passive income. Heres how they work: you create a value-packed online class that helps resolve a issue or meets 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 emails them everything they need to get the materials.

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

Everyday regular people like you and me are making money on YouTube. Every time someone watches one of your movies, ads can appear, and you can make money from those ads. The trick 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, however once your videos are dwell there's potential for one to create passive income from each movie indefinitely.

Granted you will likely not make a living from just a couple of videos. Be prepared to make over 100 movies if you really want this to take off.

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 via the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.

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