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Advertising, affiliate marketing, products up its up to you! 11. Buy a website thats making moneyIf youd prefer to bypass the startup phase, you might want to buy a blog thats already built and earning revenue. This is actually pretty simple to accomplish because a lot of people start blogs, and then get bored together.

Expect to see prices ranging from above $20,000 to more than $2 million. But the majority of them have multiple revenue sources, so the advantage is youre taking over a website which will bring in money from day one.Flippas inventory is not nearly as prestigious, but you might 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 blog for less than $1,000! 12. Begin a YouTube ChannelSo, the rules on making money using a YouTube channel changed in January 2018, but this is still an option. Youll only need to adjust your strategy slightly.It used to be that nearly anyone could monetize their YouTube channels.

Ads) at the start of your content. When you get a certain number of perspectives, you earn cash.There are hordes of people who create entire livings doing so. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, really. Since YouTube is such a favorite platform, you will find far more than enough eyeballs to attract 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 saw content monthly in order to qualify for this particular program.That means the whopping 19 cents I had been making on this video went off overnight.Its not only the little guys like me that are being squeezed by the constant upgrades.

Its constantly changing and evolving, so you must be willing to adapt. Additionally, it helps having a blog so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate strategy I mentioned earlier. It functions much the exact same manner that having affiliate links on your blog does; you just add them into your YouTube videos as well.So, which stage if you chooseTeachable and Udemy are just two of many, go to my blog 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 class for free: All you need is an email address to find started.Upload your content: Seamlessly upload videos, audio, presentations, pictures, and text.Make it your own: Customize your own school with your brand, colours, logos, and etc.Launch: Attract students and sell your online courses14.

Also, can be hard 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 good, you dont need control on quality, fulfillment, and also the client 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 unethical because people are shopping on your website but then being taken someplace else to make a buy.

He didnt shop inventory, pay for products up-front, or ship a single thing himself.How to establish your own online store, step-by-step. The way to find awesome products that 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 really pretty simple.One of the top sites to earn money with your photos is Shutterstock.

As a result of its popularity and low barriers to entry, this site can work as a passive income source irrespective of your experience level.Set an account, upload your own images, and earn money every time a customer downloads your photos. The amount you earn per download depends on the type of client who purchases 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 ground. And, of course, you will find stats touting that 90% of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it does take a significant initial investment, therefore whether or not this passive income stream is ideal for you depends on your current financial situation.

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