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In case you dont have a web site, you can start 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 seen on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.

Affiliate marketing can be a terrific way to make passive income. That 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 buy a service or product.

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

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So, lets say you created a lead generation website which focuses on property. Youd use the site in order to educate individuals about home ownership. Or, youd educate them about property investing.

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

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

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You could also make money by having advertisers on your website. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site at the top of search engine pages would be critical for 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 has done really 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 site. There are sites that will pay you each time you shop at certain online retailers.

You simply download the sites browser extension and every time youre on an e-commerce site thats eligible for cash-back, youll get a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their double cash back specials, you can double your passive income earnings if the right things go on the market.

Again, your earning strategy goes out the window if you buy things you dont need just to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you make an online store that offers products from certain manufacturers.

A person visits your site and orders 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 the 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 the manufacturer stores and ships the goods to Source the customer. Its as straightforward as that.

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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 terrific source of passive income. Heres how they operate: you produce a value-packed online class which will help solve a issue or meets a need.

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The course can include videos, e-books, and mails with pertinent information. Clients sign up to buy the program, 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.

Regular regular people just like you and me are making money on YouTube. Each time someone reaches one of your movies, advertisements can look, and you can make money from those ads. The key to becoming successful with YouTube is building a large enough subscriber and audience base.

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

Granted you will likely not make a living from just a few videos. Be ready to create over 100 movies if you really want this to take off.

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

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