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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 sponsor a company that stores your site 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 great way to make passive income. This is because when people click on the affiliate links on your site, you receive a commission at no additional cost . All they have to do is purchase a service or product.

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

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

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

The real estate professional would cover you for 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 need to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your website near the top of search engine pages would be critical for 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 very well with this as he makes six figures per year selling his own products online.

You can earn even more money by signing up using a special rewards shopping website. You will find sites which will pay you each time you shop at certain online retailers.

You simply download the websites browser extension and every time youre on an e-commerce website 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 in the event 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 about your shopping as normal, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become very common.  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 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 those cool things about this type of business is that you do NOT need to purchase inventory. The customer pays for the merchandise; you collect the profits, and also the manufacturer shops and ships the goods to the customer. Its as straightforward 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 great source of passive income. Heres how they operate: you create a value-packed online course which will help solve a issue or meets a need.

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

You receive money for the purchase price of the course that you just created. A platform for example 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. Every time someone watches one of your videos, advertisements can appear, and you can make money from these ads. The trick to becoming successful with YouTube is building a big enough subscriber and audience base.

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

Granted you probably will not make a living off of just a few videos. Be prepared to create over 100 movies if you truly want this to remove.

Owning a business can be a fantastic passive income resource. The trick is in having the ideal people running the business for you. Whether it be via the purchase additional reading of an existing business or opening a new business, your good business idea can be a feasible source of passive income.