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

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

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So, lets say you created a lead generation website that focuses on real estate. Youd utilize the site in order to educate people about home ownership. Or, youd instruct them about property investing.

Within the site 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 region.

The actual estate professional would pay you for the lead. Its a hot lead and not a cold lead, so professionals would be 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) rules 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 goods for you I actually have a friend who has done very well with this 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 which 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 receive a notification. I use a free website named Ebates, which will pay you $10 just for signing up.

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Using their dual money back specials, you can double your passive income earnings in the event the right things 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 on your shopping as usual, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become very popular.  Heres how it works: you create an online shop that provides products from certain manufacturers.

A person visits your site and orders a product, and then your system sends the order to the specific 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 kind of business is that you do NOT need to order inventory. The client pays for the merchandise; you collect the profits, and also the manufacturer shops and ships the products to the customer. Its as simple as that.

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

Online courses can be a terrific source of passive income. Heres how they work: you create a value-packed online class which helps solve a problem or meets a need.

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

You receive money for the purchase 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.

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

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

Granted you probably will not make a living off of 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 trick is in having the ideal 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 a viable source of passive income.