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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 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 great way to produce passive income. That is because when folks 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 make passive income is to create a lead generation site. Lead generation websites exist to provide referrals to local businesses.

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

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Within the site youd have links where people 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 cover you to 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 site. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site at 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 really well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up with a distinctive rewards shopping website. There are websites which will pay you every time you shop at certain online retailers.

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

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Using their double view website money back specials, you can double your passive income earnings in the event the ideal 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 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 common.  Heres how it works: you make an online shop that offers 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 client.

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One of those cool things about this kind of business is that you do NOT need to purchase inventory. The client pays for the product; you collect the gains, and also the manufacturer stores and ships the products to the customer. Its as simple as that.

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If youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

Online classes can be a great source of passive income. Heres how they operate: you produce a value-packed online class that will help resolve a problem or meets a need.

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

You receive money for the price of the course that you just created. A platform such as Teachable can perform all of the heavy lifting for you when creating your course.

Regular regular people just like you and me are making money on YouTube. Every time someone watches one of your videos, ads can appear, and you can make money from those ads. The key to becoming successful 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 is potential for one to create passive income from each video indefinitely.

Granted you probably will not make a living from only a couple of videos. Be ready to make 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 good business idea can be a viable source of passive income.

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