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If you dont have a web site, you can begin one for less than $3/month. Thats the price for getting a website host a company that stores your site on servers so it can be viewed on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

Affiliate marketing can be a terrific way to make passive income. This is because when folks click on the affiliate links on your site, you receive a commission at no additional cost . All they have to do is purchase a product or service.

Another way to produce passive income is to create a lead generation website. Lead generation sites exist to provide warnings to local businesses.

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

Within the site youd have links where individuals 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 pay you for the lead. Its a hot lead and not a cold lead, so professionals are more willing to pay.

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You could 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 website successful. Getting your site at 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 really have a friend who has done really well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up using a special rewards shopping site. You will find websites which will pay you every time you shop at certain online retailers.

You just download the sites browser extension and each time youre on an e-commerce site thats qualified for cash-back, youll get a notification. I use a free site named Ebates, which will cover 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 sale.

Again, your earning plan 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 provides goods from certain manufacturers.

A person visits your site and orders a product, and then your system sends the purchase to the specific manufacturer. The manufacturer then completes the order by shipping it directly to the customer.

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One of those cool things about this type of business is that you do NOT need to order inventory. The customer pays for the merchandise; you collect the profits, and also the manufacturer stores and ships the products 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 shop.

Online classes can be a terrific source of passive income. Heres how they work: you produce a value-packed online class which helps resolve a issue or meets 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 emails them everything they need to over here access the materials.

You receive money for the price of the course which you created. A platform for example Teachable can do all the heavy lifting for you when creating your program.

Regular regular people just like you and me are making money on YouTube. Every time someone watches one of your videos, ads can look, and you can make visit this page money from these ads. The key to becoming successful with YouTube is building a large enough subscriber and viewer base.

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It can take a great deal of time up front, however once your videos have been live there is potential for one to create passive income from each movie indefinitely.

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

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 purchasing an existing business or opening a new business, your good business idea can be check out here a viable source of passive income.