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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 it can be viewed 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 website, you are given a commission at no additional cost to them. All they need to do is purchase a product or service.

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

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So, lets say you created a lead generation site that focuses on real estate. Youd utilize the site to educate people 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 some real estate professional in their area.

The actual estate professional would cover you for 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 website. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website near the top of search engine pages would be vital for success.

Did you know you can sell your own products on Amazon and have them even send the goods for you I really have a friend who's done really well with this as 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 link download the websites browser extension and each time youre on an e-commerce site 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 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 on 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 create an online shop that offers products from certain manufacturers.

A person visits your site and orders 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 the cool things about this type of business is that you do NOT need to order inventory. The customer pays for the merchandise; you collect the profits, and the manufacturer shops and ships the goods to the client. Its as straightforward as that.

If 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 work: you create a value-packed online course that will help resolve 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 purchase the program, and your system automatically emails them everything they need to access the materials.

You receive money for the purchase price of the course which you created. A platform such as Teachable can do all the heavy lifting for you when creating your course.

Everyday 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 effective with YouTube is building a large enough subscriber and viewer base.

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

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

Owning a business can be a good passive income resource. The trick is in having the ideal 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.