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In case 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 with Bluehost.

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

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

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

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

The real estate professional would cover you to the lead. Its a hot 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 may need to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website at the top of search engine pages will be critical to success.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually have a friend who has done very 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 special rewards shopping site. There are sites that will pay you every time you shop at certain online retailers.

You just download the sites browser extension and each time reference 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 dual cash back specials, then you can double your passive income earnings in the event the right things go on sale.

Again, your earning plan goes out the window if you purchase things you dont need just to earn 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 popular.  Heres how it works: you make an online shop that offers goods from certain manufacturers.

A person visits your site and orders 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 those cool things about this kind 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 shops and ships the goods to the client. Its as straightforward as that.

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 operate: you create a value-packed online class which helps 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 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 just created. A platform such as Teachable can do all of the heavy lifting for you when creating your course.

Regular regular people just 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 effective with YouTube is building a big enough subscriber and viewer base.

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It can take a lot of time up front, however once your videos are live there's potential for one to create passive income from each video indefinitely.

Granted you will likely not make a living from only a couple of videos. Be ready to create over 100 movies if you truly want this to remove.

Owning a business can be a good passive income resource. The trick 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 good business idea can be a viable source of passive income.