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If you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site host a company that stores your site on servers so it can be seen 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. This is because when people click on the affiliate links on your site, you are given a commission at no additional cost . All they have to do is purchase a service or product.

Another way to produce passive income is to create a lead generation site. Lead generation websites exist to provide 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 site to educate people about home ownership. Or, youd educate them about real estate investing.

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

The actual 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 make money by having advertisers on your site. Note that you would 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 for achievement.

Did you know that you can sell your own products on Amazon and have them even send the products for you I actually have a friend who has done very well with this as 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. There are sites that will pay you every time you shop at certain online retailers.

You just download the sites browser extension and every 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 cash back specials, you can double your passive income earnings in the event the right things go on the market.

Again, your earning strategy have a peek at these guys goes out the window if you buy things you dont need simply 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 create an online store that provides goods from certain manufacturers.

A person visits your website and orders a product, and then your machine 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 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 profits, and the manufacturer stores and ships the goods to the client. Its as simple as that.

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In case 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 great source of passive income. Heres how they work: you produce a value-packed online course that will help solve a issue or meets a need.

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

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

Everyday regular people like you and me are making money on YouTube. Each time someone reaches one of your movies, advertisements can look, and you can earn money from those ads. The trick to becoming effective with YouTube is building a large 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 is potential for you to make passive income click from each video indefinitely.

Granted you will likely not make a living from just a few videos. Be prepared to make over 100 movies if you truly want this to remove.

Owning a business can be a fantastic passive income source. The key 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 good business idea can be a feasible source of passive income.

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