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In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site sponsor 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 great way to produce passive income. This is because when folks click on the affiliate links on your site, you are given a commission at no additional cost to them. All they have to do is buy a product or service.

Another way to make passive income is to make a lead generation site. Lead generation websites exist to give referrals to local businesses.

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

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Within the site youd have links in which 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 to the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.

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

Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually have a friend who's 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 using a distinctive rewards shopping website. You will find websites which will pay you each time you shop at certain online retailers.

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

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Using their double cash back specials, then you can double your passive income earnings if the right items go on sale.

Again, your earning plan 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 process.

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

A person visits your website and requests a product, and then your machine sends the purchase to the specific 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 kind of business is that you do NOT need to order inventory. The client read the full info here pays for the product; you collect the profits, and also the manufacturer shops and ships the goods to the client. Its as straightforward as that.

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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 produce a value-packed online class which will help solve 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 purchase the program, and your system automatically emails them everything they need to get the materials.

You get 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 course.

Everyday regular people like you and me are making money on YouTube. Every time someone watches one of your movies, ads can look, and you can earn money from those 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, but once your videos have been live there's potential for you to create passive income from each movie indefinitely.

Granted you probably will not make a living off of only a few videos. Be ready to make over 100 videos if you really want this to take off.

Owning a business can be a good 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.

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