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If you dont have a website, 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 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 produce passive income. This is because when folks click on the affiliate links on your website, you are given a commission at no additional cost to them. All they have to do is purchase a service or product.

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

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

Within the site youd have links where people 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 hot lead and not a cold encounter, so professionals are more willing to pay.

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You might also earn money by having advertisers on your site. Note that you may need to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your website at the top of search engine pages would be critical to success.

Did you know that you can sell your own products on Amazon and have them even ship the goods for you I actually have a friend who has done very well with this as 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 site. You will find websites which will pay you every time you shop at certain online retailers.

You simply download the sites browser extension and each time youre on an e-commerce site thats qualified for cash-back, youll receive a notification. I use a free site called Ebates, which will pay 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 ideal things go on the market.

Again, your earning plan informative post goes out the window if you buy things you dont need just to earn rewards. Just go about your shopping as normal, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become very 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 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 type of business is that you do NOT need to purchase inventory. The client pays for the product; you collect the profits, and the manufacturer shops and ships the goods 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 online store.

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online class that helps solve a problem or fills a need.

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The class can include videos, e-books, and emails with pertinent information. Clients sign up to buy the course, 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 do all of the heavy lifting for you when creating your course.

Regular regular people like you and me are making money on YouTube. Every time someone reaches one of your videos, ads can look, and you can earn money from those ads. The key to becoming effective with YouTube is building a big enough subscriber and audience base.

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It can take a great deal of time up YOURURL.com front, but once your videos are dwell there is potential for you Recommended Reading to create passive income from each video indefinitely.

Granted you will likely not make a living off of only a few videos. Be ready to create 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 through the purchase of an existing business or opening a new business, your great business idea can be a viable source of passive income.