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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 site sponsor 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 with Bluehost.

Affiliate marketing can be a terrific way to produce passive income. That is because when folks click on the affiliate links on your website, you receive a commission at no additional cost to them. All they have to do is buy a service or product.

Another way to make passive income is to make a lead generation site. Lead generation sites exist to give referrals to local businesses.

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So, lets say you created a lead generation site which focuses on property. Youd utilize the site in order to educate individuals 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 area.

The actual estate professional would pay you for the lead. Its a hot 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 have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site 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 ship the products for you I actually 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 using 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 websites browser extension and each time youre on an e-commerce website thats eligible for cash-back, youll get a notification. I use a free website named Ebates, which will cover you $10 just for signing up.

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Using their double money back specials, you can double your passive income earnings in the event the ideal items go on the market.

Again, your earning plan goes out the window if you purchase 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 products from certain manufacturers.

A person visits your site and requests 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 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 gains, 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 shop.

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

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The class can include videos, e-books, and emails with pertinent information. Clients sign up to buy the course, 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 created. A platform for example Teachable can perform 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, ads can appear, and you can earn money from those ads. The trick to becoming successful with YouTube is building a large enough subscriber and audience base.

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It can take a lot of time up front, but once your videos are dwell there's potential for one to make passive income from each video indefinitely.

Granted you my sources probably will not make a living off of only a couple of videos. Be ready to create over 100 videos if you truly want this to take off.

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