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If you dont have a web site, you can start one for less than $3/month. Thats the price for getting a website sponsor a company that stores your site on servers so that it can be seen on the Internet.   Click here to find 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 . 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 websites exist to provide referrals to local businesses.

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So, lets say you produced a lead generation website which focuses on property. Youd use the site in order to educate people about home ownership. Or, youd instruct them about property investing.

Within the site youd have links where individuals 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 for the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.

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You might 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 site at the top of search engine pages would be vital for achievement.

Did you know that 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 he earns six figures per year selling his own products online.

You can earn even more money by signing up with a distinctive rewards shopping website. You will find sites that will pay you each 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 named Ebates, which will pay you $10 just for signing up.

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Using their dual cash back specials, you can double your passive income earnings in the event the ideal items go on sale.

Again, your earning plan goes out the window if you purchase things you dont need just to earn rewards. Just go about your shopping as normal, 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 make an online store that offers goods from certain manufacturers.

A person visits your website and requests a product, and then your machine sends the order 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 profits, and the manufacturer shops and ships the goods to the customer. Its as simple as that.

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

Online classes can be a terrific source of passive income. Heres how they operate: you produce a value-packed online class which will help resolve a problem or fills a need.

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

You receive money for the price of the course which you just created. A platform such as Teachable can perform 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 movies, advertisements can look, and you can make money from these ads. The key to becoming successful with YouTube is building a large enough subscriber and audience 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 one to create passive income from each movie indefinitely.

Granted you probably will not make a living from just a couple of videos. Be ready to create over 100 movies if you really 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 via the purchase of an existing business or opening a new business, your good business idea can be a feasible source of passive income.