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If you dont have a web site, you can start one for less than $3/month. Thats the cost for getting a website sponsor a company that stores your site on servers so it can be seen on the Internet.   Click here to get special pricing of $2.95/month with Bluehost.

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

Another way to produce passive income is to make a lead generation site. Lead generation websites exist to provide warnings to local businesses.

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So, lets say you produced a lead generation site that focuses on real estate. Youd use the website to educate people about home ownership. Or, youd educate them about real estate 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 cover you to the lead. Its a warm lead and not a cold encounter, 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 would 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 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 really have a friend who's 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 website. You will find websites that will pay you every time you shop at certain online retailers.

You simply download the sites browser extension and each time youre on an e-commerce site thats qualified 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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With their dual cash back specials, then you can double your passive income earnings if the right items go on the market.

Again, your earning strategy goes out the window if you purchase things you dont need just to earn rewards. Just go on your shopping as normal, 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 make an online store that offers products from certain manufacturers.

A person visits your Visit Website website and requests 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 client.

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One of those cool things about this type of business is that you do NOT need to purchase inventory. The client pays for right here the merchandise; you collect the gains, and also the manufacturer stores and ships the products to the client. Its as simple as that.

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 terrific source of passive income. Heres how they work: you create a value-packed online class this contact form which helps solve a issue or fills a need.

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

You get money for the purchase price of the course which you just created. A platform such as 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. Each time someone watches one of your videos, ads can appear, and you can earn money from these 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 great deal of time up front, but once your videos are dwell there's potential for you to make passive income from each movie indefinitely.

Granted you will likely not make a living off of just a few videos. Be ready to create over 100 movies if you really 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 purchasing an existing business or opening a new business, your great business idea can be a viable source of passive income.