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In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a website host a company that stores your website on servers so 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 people click on the affiliate links on your website, you receive a commission at no additional cost . All they need to do is purchase a service or product.

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

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

Within the website youd have links where 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 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 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 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 goods for you I actually have a friend who has 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 using a special rewards shopping site. There are websites which will pay you each time you shop at certain online retailers.

You simply 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 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 on your shopping as usual, 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 offers goods from certain manufacturers.

A person visits your site and requests a product, and then your system sends the order to the specific 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 kind of business is that you do NOT need to purchase inventory. The customer pays for the merchandise; you collect the profits, and also the manufacturer stores and ships the goods to the client. Its as simple as that.

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

Online courses can be a great source of passive income. Heres how they work: you create a value-packed online class that helps solve a issue or fills a need.

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The course can include videos, e-books, and emails with pertinent information. Customers sign up to buy the program, and your system automatically emails them everything they need to get the materials.

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

Everyday regular people like you and me are making money on YouTube. Every time someone reaches one of your videos, advertisements can look, and you can earn money from these ads. The trick to becoming effective with YouTube is building a big enough subscriber and viewer base.

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

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

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