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If you dont have a website, you can start one for less than $3/month. Thats the cost for getting a site host 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 with Bluehost.

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

Another way to make passive income is to create a lead generation website. Lead generation websites exist to provide referrals to local businesses.

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

Within the website youd have links where people 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 pay you to the lead. Its a warm lead and not a cold encounter, so professionals would be more willing to pay.

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You could 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 site successful. Getting your site at the top of search engine pages will be vital for 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 has done very well with this he makes 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 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 eligible for cash-back, youll receive a notification. I use a free use this link website named Ebates, which will cover you $10 just for signing up.

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

Again, your earning plan goes out the window if you purchase 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 Check Out Your URL has become remarkably popular.  Heres how it works: you make an online shop that offers goods from certain manufacturers.

A person visits your site and orders a product, and then your system sends the purchase 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 kind of business is that you do NOT need to order inventory. The customer pays for the product; you collect the profits, and also the manufacturer shops and ships the products to the client. Its as simple as that.

If youre interested in starting a drop shipping business, consider using a platform such as Shopify to build your online shop.

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online class that helps solve a issue or meets a need.

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The course can include videos, e-books, and emails 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 just created. A platform such as Teachable can do all of 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, advertisements can appear, and you can make 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 live there's potential for you to make passive income from each video indefinitely.

Granted you will likely not make a living from just a few videos. Be prepared to make 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 the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.