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If you dont have a website, 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 great way to produce passive income. This is because when people click on the affiliate links on your site, you receive a commission at no additional cost to them. All they need to do is purchase a product or service.

Another way to produce passive income is to make a lead generation website. Lead generation websites exist to give warnings to local businesses.

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So, lets say you produced a lead generation website that focuses on property. Youd utilize the site in order to educate people about home ownership. Or, youd instruct 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 some real estate professional in their region.

The real estate professional would pay you to the lead. Its a warm 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 may 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 critical to success.

Did you know that you can sell your own products on Amazon and have them even ship the goods for you I really have a friend who's done really well with this he earns 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 that will pay you every time you shop at certain online retailers.

You simply download the sites browser extension and every time youre on an e-commerce site thats qualified 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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With their double money back specials, 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 purchase 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 common.  Heres how it works: you make an online shop that offers goods from certain manufacturers.

A person visits your site and orders a product, and then your machine 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 those cool things about this type of business is that you do NOT need to order inventory. The client pays for the product; you collect the profits, and also the manufacturer stores and ships the goods 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 such as Shopify to build your online store.

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online course which will help resolve a issue or meets a need.

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The class can include videos, e-books, and emails with pertinent information. Clients sign up to buy the program, 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 for example Teachable can do all of the heavy lifting for you when creating your program.

Regular regular people like you and me are making money on YouTube. Every time someone reaches one of your movies, advertisements can look, and you can earn money from those ads. The trick to see here 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, however once your videos have been dwell there is potential for one to create passive income from each video indefinitely.

Granted you will likely not make a living off of just a few videos. Be ready to make over 100 movies if you truly want this to remove.

Owning a business can be a good passive income source. The trick 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 great business idea can be a viable source of passive income.

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