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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 website 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 great 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 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 sites exist to give referrals to local businesses.

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

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

The real estate professional would cover you to the lead. Its a warm lead and not a cold lead, 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 would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website near the top of search engine pages will 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's done really 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 special rewards shopping site. You will find websites which will pay you every time you shop at certain online retailers.

You simply download the websites browser extension and every time youre on an e-commerce site thats eligible for cash-back, youll receive a notification. I use a free site named Ebates, which will pay you $10 just for signing up.

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With their dual cash back specials, then you can double your passive income earnings if the ideal things go on the market.

Again, your earning strategy 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 process.

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

A person visits your website and orders a product, and then your system 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 next those cool things about this kind of business is that you do NOT need to order inventory. The customer pays for the product; you collect the profits, and the manufacturer shops and ships the products to the customer. Its as straightforward as that.

If 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 operate: you create a value-packed online course which helps solve a problem or meets a need.

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

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

Everyday regular people just like you and me are making money on YouTube. Each time someone reaches one of your videos, ads can appear, and you can earn money from these 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 front, but once your videos have been dwell there's potential for you to make passive i was reading this income from each movie indefinitely.

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

Owning a business can be a good passive income resource. The key is in having the right people running the business for you. Whether it be via purchasing an my response existing business or opening a new business, your good business idea can be a viable source of passive income.