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Advertising, affiliate marketing, products its your decision! 11. Purchase a blog thats making moneyIf youd would rather skip the startup phase, you may want to purchase a blog thats already built and earning revenue. This is really fairly easy to do as a lot of people start sites, and then get bored together.

Expect to see prices ranging from preceding $20,000 to more than $2 million. But the majority of them have multiple revenue sources, so the advantage is youre taking within a website that 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, then you may end up getting a pre-built site for less than $1,000! 12. Begin a YouTube ChannelSo, the principles on making money using a YouTube channel changed in January 2018, but this is still an option. Youll only need to modify your strategy slightly.It used to be that nearly anyone could monetize their YouTube channels.

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

Its constantly changing and evolving, which means you must be willing to adapt. Plus, it helps 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 earlier. It works much the same way that having affiliate links on your site does; you simply add them to your YouTube videos as well.So, which platform 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 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 course for free: All you need is an email address to get started.Upload your content: Seamlessly upload videos, sound, presentations, pictures, and text.Make it your own: Customize your own college with your brand, colors, 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 there is less work involved than the models discussed aboveCons: margins arent good, you dont need control More about the author over quality, fulfillment, and also the customer journey.Affiliate: kind of like a site, but has the look and feel 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 on your website but then being taken someplace else to make a purchase.

He didnt store inventory, cover for products up-front, or send a single thing himself.How to establish your own online store, step-by-step. How to find awesome products you can quickly import and begin selling immediately.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 earn money with your photographs is Shutterstock.

Due to its popularity and reduced barriers to entry, this website can work as a passive income source irrespective of your experience level.Set up an account, upload your pictures, and earn money every time a customer downloads your photographs. The amount you earn per download depends on the sort of customer who purchases 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 earth. And, clearly, there are stats touting that 90 percent of all 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 this passive income stream is right for you depends on your current financial situation.

I love the thought of creating something, whether its a website, a YouTube channel, a class or a store. And while its technically not passive in the have a peek at this site beginning, it can be a life-changing experience and one that brings enormous riches and satisfaction.Have you attempted any of those passive income ideas Id love to hear about your experience in the comments below! .