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

Affiliate marketing can be a great way to make passive income. That is because when people click on the affiliate links on your website, you are given a commission at no additional cost . All they need to do is buy a service or product.

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

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

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

The real 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 might also make money by having advertisers on your website. Note that you may have to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website near the top of search engine pages will be critical for achievement.

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 has done really well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up with a special rewards shopping site. There are sites which will pay you each time you shop at certain online retailers.

You just 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 site called Ebates, which will cover you $10 just for signing up.

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With their double cash back specials, then you can double your passive income earnings in the event the right items go on sale.

Again, your earning plan goes out the window if you buy things you dont need simply 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 remarkably common.  Heres how it works: you create an online store that offers goods from certain manufacturers.

A person visits your website and requests a product, and then your system sends the order to the particular manufacturer. The manufacturer then completes the order by shipping it directly to the customer.

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One of the cool things about this kind Click Here of business is that you do NOT need to order inventory. The customer pays for the product; you collect the profits, and the manufacturer stores and ships the products to the customer. Its as simple as that.

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

Online classes can be a great source of passive income. Heres how they work: you create a value-packed online course which will help solve a issue 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 access the materials.

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

Everyday 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 trick to becoming successful with YouTube is building a large enough subscriber and audience base.

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It can take a lot of time up front, however once your videos are dwell there is potential for one to create passive income from each movie indefinitely.

Granted you probably will not make a living off of only a few videos. Be prepared to make over 100 videos if you truly want this to take off.

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