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

Affiliate marketing can be a great way to produce passive income. That 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 need to do is purchase a service or product.

Another way to produce passive income is to create 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 site which focuses on real estate. Youd use the site to educate people about home ownership. Or, youd educate 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 a real estate professional in their region.

The actual estate professional would cover you for the lead. Its a hot lead and not a cold lead, so professionals would be more willing to pay.

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You could also earn money by having advertisers on your website. Note that you would have 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 vital for achievement.

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

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

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

Again, your earning plan 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 process.

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

A person visits your website and requests a product, and then your machine 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 the merchandise; you collect the profits, 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 operate: you create a value-packed online class which will help solve a issue or fills a need.

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

You get money for the purchase price of the course which you just created. A platform for example Teachable can perform all of the heavy lifting for you when creating your program.

Everyday regular people just 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 big enough subscriber and viewer base.

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It can take a lot of time up front, however once your videos have been dwell there is potential for one to make passive income from each video indefinitely.

Granted you probably will not helpful resources make a living from just a few videos. Be prepared to make over 100 movies if you truly want this to take off.

Owning a business can be a fantastic passive income source. click here now The trick is in having the right people running the business for you. Whether it be via the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.