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Ads, affiliate marketing, products its your decision! 11. Buy a blog thats making moneyIf youd prefer to bypass the startup period, you might want to buy a blog thats already built and earning revenue. This is actually pretty easy to do as a lot of people start blogs, and then get bored with them.

Expect to see prices ranging from preceding $20,000 to over $2 million. However, most of them have multiple revenue sources, so the advantage is youre taking within a site that 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 may end up with a pre-built blog for less than $1,000! 12. Start a YouTube ChannelSo, the rules on making money with a YouTube channel changed in January 2018, but this remains an option. Youll only need to modify your strategy slightly.It was that nearly anyone can monetize their YouTube channels.

Ads) in the beginning of your content. When you receive a certain number of views, you earn cash.There are hordes of people that make entire livings doing this. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, really. Because YouTube is such a favorite platform, you will find more than enough eyeballs to entice an audience to even the most obscure niche.However, as of January, you must have at least 1,000 subscribers or 4,000 hours of watched content monthly in order to meet the requirements for this particular program.That means that the whopping 19 cents I was making on this movie went away overnight.Its not just the little guys like me that are being squeezed with the constant updates.

Its constantly changing and evolving, which means you ought to be willing to adapt. Plus, it helps having a site so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate strategy I mentioned earlier. It works much the exact same way that having affiliate links on your site does; you simply add them into your YouTube videos as well.So, which stage if you chooseTeachable and Udemy are 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 the marketing yourself. Udemy includes a built-in foundation of students, but you dont have as much control and they require more of your revenue. CREATE COURSECreate a class free of: All you need is an email address to get started.Upload your content: Seamlessly upload movies, audio, presentations, images, and text.Make it your own: Customize your college with your brand, colors, logos, etc.Launch: Attract students and market your online courses14.

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

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

Due to its popularity and low barriers to entry, this site can work as a passive income source regardless of your experience level.Set up an account, upload your own pictures, and earn money whenever a client downloads your photographs. The amount you earn per download depends on the sort of customer who buys the image.

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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, clearly, you will find stats touting that 90% of millionaires gained that status by owning real estate.And while property is an excellent option, it will require a significant initial investment, therefore whether or not that passive income stream is right for you depends on your current financial situation.

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