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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 host a company that stores your website on servers so it can be seen on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

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

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

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Therefore, lets say you created a lead generation website which focuses on property. Youd utilize the website to educate individuals about home ownership. Or, youd educate them about property investing.

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

Did you know that you can sell your own products on Amazon and have them even send the products 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 distinctive rewards shopping website. There are sites that will pay you each time you shop at certain online retailers.

You simply download the sites browser extension and each time youre on an e-commerce website 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 ideal items go on sale.

Again, your earning strategy goes out the window if you buy things you dont need simply 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 create an online store that offers goods from certain manufacturers.

A person visits your website and requests a product, and then your system sends the order to the particular manufacturer. my latest blog post 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 order inventory. The client pays for the merchandise; you collect the gains, and the manufacturer shops 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 such as Shopify to build your online store.

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online course that will help 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 course, and your system automatically emails them everything they need to access the materials.

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

Everyday regular people just like you and me are making money on YouTube. Each time someone reaches one of your videos, advertisements can appear, and you can earn money from those ads. The trick to becoming successful with YouTube is building a big enough subscriber and viewer base.

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It can take a great deal of time up front, but once your videos are live there is potential for you to create passive income from each video indefinitely.

Granted you will likely not make a living from only a couple of videos. Be prepared to create over 100 movies if you truly 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 good business idea can be a feasible source of passive income.