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Advertising, affiliate marketing, products up its your decision! 11. Purchase a website thats making moneyIf youd would rather bypass the startup phase, you may want to buy a blog thats built and earning revenue. This is actually fairly easy to do because a lot of people start sites, and then get bored with them.

Expect to see prices ranging from above $20,000 to more than $2 million. However, most of them have multiple revenue sources, so the advantage is youre taking within 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, then you may end up getting a pre-built site for less than $1,000! 12. Start 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 was that almost anyone can monetize their YouTube channels.

Ads) 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 so. Folks filming makeup tutorials, travel guides, unboxing videos, anything you can think about, actually. Because YouTube is this a popular platform, you will find far more than enough eyeballs to attract 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 watched content monthly in order to qualify for this program.That means the whopping 19 cents I was making on this movie went away overnight.Its not just the little guys like me who are being squeezed with the constant upgrades.

Its constantly changing and evolving, which means you ought to be willing to adapt. Additionally, it helps having a site so youre not relying on a single stage or your income.What I recommend is utilizing the affiliate plan I mentioned previously. It works much the same manner that having affiliate links on your blog 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 have to do all of the marketing yourself. Udemy has a built-in foundation of students, but you dont need as much control and they take more of your revenue. CREATE COURSECreate a course for free: All you need is an email address to find started.Upload your content: Seamlessly upload movies, sound, presentations, images, and text.Make it your own: Customize your college with your brand, colours, logos, etc.Launch: Attract students and sell 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 models discussed aboveCons: margins arent good, you dont have control over quality, fulfillment, and also the customer journey.Affiliate: kind of like a blog, but has the appearance and texture of an e-commerce storePros: the least 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 purchase.

He didnt store inventory, cover 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 instantly.15. Sell Your Pictures 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.

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 pictures, and earn money every time a customer downloads your photographs. The amount you earn per download depends on the type of client who purchases 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 ground. And, clearly, you will find stats touting that 90 percent of all millionaires gained that status by owning real estate.And while pop over to these guys real estate is an excellent option, it does take a significant initial investment, so whether or not this passive income flow is right for you depends on your current financial situation.

I adore the idea of creating something, whether its a website, a YouTube channel, a course or a shop. 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 thoughts Id love to hear about your experience in the comments below! .