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If you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site host a company that stores your site 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 make 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 purchase a product or service.

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

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

Within the site 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 to the lead. Its a warm lead and not a cold encounter, so professionals would be more willing to pay.

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You could also make money by having advertisers on your site. Note that you would need to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your site at the top of search engine pages would be vital to success.

Did you know that you can sell your own products on Amazon and have them even send the products for you I actually have a friend who's done very 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 distinctive rewards shopping website. There are websites which 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 eligible 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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With their double money back specials, you can double your passive income earnings if the right things go on sale.

Again, your earning plan goes out the window if you buy things you dont need simply to earn rewards. Just go about your shopping as normal, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become very popular.  Heres how it works: you make an online shop that offers goods Going Here from certain manufacturers.

A person visits your site and requests a product, and then your system sends the order 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 kind 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 goods to the customer. Its as straightforward as that.

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 work: you create a value-packed online course which helps resolve a issue or fills a need.

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

You get money for the purchase price of the course which you just created. A platform this content for example Teachable can do all of 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, ads can look, and you can earn money from those ads. The trick to becoming effective with YouTube is building a large enough subscriber and audience base.

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It can more helpful hints take a great deal of time up front, however once your videos are live there's potential for one to make passive income from each movie indefinitely.

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

Owning a business can be a good passive income resource. 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 good business idea can be a feasible source of passive income.