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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 sponsor 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 with Bluehost.

Affiliate marketing can be a great way to produce passive income. This is because when folks 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 service or product.

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

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Therefore, lets say you produced a lead generation site that focuses on real estate. Youd use the site to educate people about home ownership. Or, youd instruct them about real estate investing.

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Within the website 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 make money by having advertisers on your site. Note that you may have to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your website at the top of search engine pages will be vital for achievement.

Did you know you can sell your own products on Amazon and have them even send the goods for you I really have a friend who has done very well with this he earns 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 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 site thats qualified for cash-back, youll get a notification. I use a free website called Ebates, which will pay you $10 just for signing up.

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Using their dual cash back specials, then you can double your passive income earnings if anonymous the right 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 process.

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 index 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 client pays for the merchandise; you collect the profits, and also the manufacturer stores and ships the products to the customer. Its as straightforward 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 great source of passive income. Heres how they operate: you create a value-packed online course which helps solve a issue or meets a need.

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

You get money for the price of the course which you just created. A platform for example Teachable can do all the heavy lifting for you when creating your course.

Everyday regular people like you and me are making money on YouTube. Every time someone watches one discover here of your videos, advertisements can appear, and you can make money from these ads. The key to becoming successful with YouTube is building a big enough subscriber and viewer base.

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It can take a lot of time up front, however 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 off of just a few videos. Be ready to create over 100 movies if you truly want this to remove.

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

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