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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 site sponsor a company that stores your site on servers so that it can be viewed 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 product or service.

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

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So, lets say you created a lead generation site which focuses on real estate. Youd use the website to educate people about home ownership. Or, youd instruct 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 pay 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 might also make money by having advertisers on your website. Note that you would need to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website near the top of search engine pages would be critical for success.

Did you know you can sell your own products on Amazon and have them even send the goods 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 using a distinctive rewards shopping website. You will find websites which will pay you each time you shop at certain online retailers.

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

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Using their double money back specials, then you can double your passive income earnings in the event the right items go on the market.

Again, your earning strategy goes out the window if you buy things you dont need simply to earn rewards. Just go about 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 make an online store that provides goods from certain manufacturers.

A person visits your website and orders a product, and then your machine sends the purchase to the particular manufacturer. The More Bonuses 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 customer pays for the merchandise; you collect the gains, and also the manufacturer stores and ships the products to the client. Its as simple as that.

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

Online classes can be a terrific source of passive income. Heres how they work: you produce a value-packed online class that will help resolve a issue or fills a need.

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

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

Everyday regular people just 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 large enough subscriber and audience base.

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

Granted you will likely not make a living from just 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 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 good business idea can be a feasible source of passive income.