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In case you dont have a web site, you can start one for less than $3/month. Thats the price for getting a site host a company that stores your website on servers so that 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 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 product or service.

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

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Therefore, lets say you produced a lead generation website which focuses on real estate. Youd utilize the website in order to educate individuals about home ownership. Or, youd educate them about real estate investing.

Within the site youd have links where individuals 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 for the lead. Its a warm lead and not a cold lead, so professionals would be more willing to pay.

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You might also make money by having advertisers on your site. Note that you may need to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your site near the top of search engine pages will be vital to success.

Did you know that you can sell your own products on Amazon and have them even ship the goods for you I really 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 distinctive rewards shopping site. You will find sites that will pay you every time you shop at certain online retailers.

You simply download the sites browser extension and every time youre on an e-commerce site thats eligible for cash-back, youll get a notification. I use a free site called Ebates, which will cover you $10 just for signing up.

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Using their dual cash back specials, you can double your passive income earnings in the event the ideal items go on sale.

Again, your earning strategy goes out the window 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 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 orders a product, and then your machine sends the order to the specific 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 type of business is that you do NOT need to purchase inventory. The customer pays for the product; you collect the gains, and the manufacturer stores and ships the products to the customer. Its as straightforward as that.

If 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 terrific source of passive income. Heres how they work: you create a value-packed online class that will help solve a issue or meets a need.

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

You get money for the price of the course that you created. A platform for example Teachable can perform all of 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 movies, advertisements can look, and you can make money from these 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 have been live there's potential for one to create passive income from each video indefinitely.

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

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