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If you dont have a website, you can start one for less than $3/month. Thats the cost for getting a website host a company that stores your site on servers so that it can be seen on the Internet.   Click here to get 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 site, you receive a commission at no additional cost . All they need to do is buy a service or product.

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

The real estate professional would cover you for 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 have to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your site near the top of search engine pages would be critical to 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 makes six figures per year selling his own products online.

You can earn even more money by signing up with a distinctive rewards shopping website. There are sites that 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 get a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their dual cash back specials, then special info you can double your passive income earnings if the right items go on the market.

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

A person visits your website and requests a product, and then your system 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 the cool things about this kind of business is that you do NOT need to order inventory. The client pays for the product; you collect the gains, and also the manufacturer shops and ships the goods to the customer. Its as simple as that.

In case youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

Online classes can be a great source of passive income. Heres how they work: you produce a value-packed online course that will help solve a problem or meets a need.

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The course can include videos, e-books, and mails with pertinent information. Clients sign up to purchase the program, and your system automatically emails 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 perform all of the heavy lifting for you when creating your course.

Regular regular people like you go to the website and me are making money on YouTube. Every time my latest blog post someone watches one of your videos, advertisements can look, and you can earn money from these ads. The key to becoming effective with YouTube is building a big enough subscriber and viewer base.

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It can take a great deal of time up front, however once your videos are live there is potential for you to make passive income from each video indefinitely.

Granted you will likely not make a living off of just a couple of videos. Be prepared to create over 100 videos if you truly want this to remove.

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