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Advertising, affiliate marketing, products up its up to you! 11. Buy a blog 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 do because a lot of individuals start sites, and then get bored together.

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

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Bidding starts as low as $1, and if you get lucky, you might end up with a pre-built site for less than $1,000! 12. Start a YouTube ChannelSo, the principles on making money with a YouTube channel changed in January 2018, but that is still an option. Youll just need to modify your strategy slightly.It was that almost anyone could monetize their YouTube channels.

Ads) in the beginning of your content. When you get a certain number of perspectives, you earn cash.There are hordes of people who make entire livings doing this. Folks filming makeup tutorials, travel guides, unboxing videos, anything you can think of, actually. Since YouTube is such a popular platform, you will find more than enough eyeballs to entice an audience to even the most vague niche.However, as of January, you must have at least 1,000 subscribers or 4,000 hours of saw content monthly in order to qualify for this particular program.That means the whopping 19 cents I was making on this movie went off overnight.Its not only the small guys like me who are being squeezed by the constant updates.

Its constantly changing and evolving, which means you must be willing to adapt. Additionally, it will help having a site so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate plan I mentioned previously. It functions much the exact same manner that having affiliate links on your site does; you simply add them into your YouTube videos as well.So, which platform should 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 have to do all the marketing yourself. Udemy has a built-in foundation of students, but you dont have as much control and they require more of your revenue. CREATE COURSECreate a course free of: All you need is an email address to find started.Upload your content: Seamlessly upload videos, sound, presentations, pictures, and text.Make it your own: Customize your own school with your brand, colors, logos, etc.Launch: Attract students and market your online courses14.

Additionally, 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 there is less work involved than the versions discussed aboveCons: margins arent great, you dont need control over quality, fulfillment, and the customer journey.Affiliate: kind of like a blog, but has the look and texture of an e-commerce storePros: the smallest amount of work involved; you dont have to put any ordersCons: I think its kind of shady because people are shopping on your website but then being taken someplace else to make a buy.

He didnt store inventory, pay for products up-front, or ship a single thing himself.How to set up your own online store, incremental. How to find amazing products that you can import and begin selling immediately.15. Sell Your Photos OnlineEver wondered how you can get paid to take pictures As it turns out, its really pretty simple.One of the top sites to earn money with your photos is Shutterstock.

Due to its popularity and reduced barriers to entry, this website 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 type of client who buys the picture.

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An investor by the name of Louis Glickman is credited with this quotation: The best investment on earth is ground. And, clearly, there are stats touting that 90% of millionaires gained that status by owning actual estate.And while real estate is web an excellent option, it does take a significant initial investment, so whether or not this passive income stream is right for you depends on your current financial situation.

I love the idea of creating something, if its a website, 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 which 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! .