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In case you dont have a website, you can start 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 buy a service or product.

Another way to produce passive income is to create a lead generation site. Lead generation websites exist to provide warnings to local businesses.

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

The real estate professional would pay you for 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 website. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website near the top of search engine pages would be critical to success.

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's 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 with a special rewards shopping site. There are websites which will pay you every time you shop at certain online retailers.

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

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Using their double money back specials, you can double your passive income earnings in the event the right items go on the market.

Again, your content 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 procedure.

With the explosion of eCommerce, drop shipping has become very common.  Heres how it works: you create an online shop that provides products from certain manufacturers.

A person visits your website and orders a product, and then your machine sends the purchase to the specific 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 type of business is that you do NOT need to order inventory. The customer pays for the product; you collect the gains, and the manufacturer stores and ships the goods to the client. Its as straightforward as that.

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

Online classes can be a terrific source of passive income. Heres how they operate: you produce a value-packed online class that helps solve a problem or fills a need.

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

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

Regular regular people just like you and me are making read this article money on YouTube. Each time someone watches one of your movies, advertisements can appear, and you can make money from those 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 great deal of time up front, but once your videos have been live there's potential for one to make passive income from each video indefinitely.

Granted you will likely not make a living off of only a few videos. Be prepared to create over 100 movies if you really 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 purchasing an existing business or opening a new business, your great business idea can be a feasible source of passive income.