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Advertising, online affiliate marketing, products its your decision! 11. Purchase a website thats making moneyIf youd would rather skip the startup period, you may want to buy a blog thats already built and earning revenue. This is really fairly easy to accomplish because a lot of people start blogs, and then get bored with them.

Expect to see prices ranging from above $20,000 to more than $2 million. But the majority of them have multiple revenue sources, or so the advantage is youre taking over a site which will bring in money from day one.Flippas inventory is not nearly as prestigious, but you may find some hidden gems.

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Bidding starts as low as $1, and if you get lucky, you might end up getting a pre-built site for less than $1,000! 12. Begin a YouTube ChannelSo, the rules on making money with a YouTube channel changed in January 2018, but that remains an option. Youll just need to adjust your plan slightly.It used to be that almost anyone could monetize their YouTube channels.

Advertisements ) at the beginning of your content. When you get a certain number of views, you earn cash.There are hordes of people that make entire livings doing so. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, really. Because YouTube is this a favorite platform, you will find far more than enough eyeballs to entice an audience to even the most vague niche.However, as of January, you should have at least 1,000 subscribers or 4,000 hours of watched content monthly in order to qualify for this program.That means that the whopping 19 cents I was making on this movie went off overnight.Its not only the small guys like me that are being squeezed by the constant updates.

Its constantly changing and evolving, so you must be willing to adapt. Plus, it will help having a blog so youre not relying on a single platform or your own income.What I recommend is utilizing the affiliate plan I mentioned previously. It functions much the exact same way that having affiliate links on your site does; you just add them into your YouTube videos as well.So, which stage should you chooseTeachable and Udemy are just two of many, but these are the most prevalent, and theyre both intuitive and user-friendly.

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Instead you need to do all of the marketing yourself. Udemy includes a built-in foundation of students, however you dont need as much control and they require more of your revenue. CREATE COURSECreate a course for free: All you need is an email address to get started.Upload your content: Seamlessly upload videos, audio, presentations, images, and text.Make it your own: Customize your college with your brand, colours, logos, and etc.Launch: Attract students and sell your online courses14.

Also, can be difficult to differentiate yourself.Dropship: when a customer orders from your site, the manufacturer ships.Pros: you dont need to handle physical inventory and also there is less work involved than the versions discussed aboveCons: margins arent good, you dont need control on quality, fulfillment, and the customer journey.Affiliate: kind of like a site, but has the appearance and texture of an e-commerce storePros: the least amount of work involved; you dont need to put any ordersCons: I think its kind of unethical because people are shopping on your website but then being taken someplace else to make a buy.

He didnt shop inventory, cover for products up-front, or ship a single thing himself.How to set up your own online store, step-by-step. The way to find awesome products that you can quickly import and begin selling instantly.15. Sell Your Photos OnlineEver wondered how you can get paid to take pictures As it turns out, its actually pretty simple.One of the top sites to make money with your photographs is Shutterstock.

As a result of its popularity and reduced barriers to entry, this website can work as a passive income source irrespective of your experience level.Set an account, upload your pictures, and earn money every time a client downloads your photos. The amount you earn per download depends on the type of client who buys the picture.

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An investor by the name of Louis Glickman is credited with this quote: The best investment on earth is earth. And, of course, you will find stats touting that 90 percent of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it will take a significant initial investment, so whether or not that passive income flow is ideal for you depends on your current financial situation.

I adore the idea of creating something, if its a website, a YouTube channel, a course or a this website store. And while its technically not inactive in the beginning, it can be a life-changing experience and one that brings enormous riches and satisfaction.Have you tried any of these passive income ideas Id love to hear about your experience in the comments below! .