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If you dont have a website, you can begin one for less than $3/month. Thats the price for getting a site host a company that stores your website on servers so that it can be seen on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.

Affiliate marketing can be a great way to produce passive income. This is because when folks click on the affiliate links on your site, you receive a commission at no additional cost to them. All they have to do is buy a service or product.

Another way to produce passive income is to make a lead generation website. Lead generation sites exist to give warnings to local businesses.

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So, lets say you created a lead generation website that focuses on property. Youd use the website to educate individuals about home ownership. Or, youd educate them about real estate investing.

Within the site youd have links where individuals could contact you to learn more. When someone contacts you, you refer them to a real estate professional in their region.

The real estate professional would pay you for the lead. Its a warm lead and not a cold encounter, so professionals would be more willing to pay.

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You might also make money by having advertisers on your website. Note that you may need to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website at the top of search engine pages will be vital to achievement.

Did you know that you can sell your own products on Amazon and have them even send the products for you I actually have a friend who has done very well with this he earns six figures per year selling his own products online.

You can earn even more money by signing up with a special rewards shopping site. You will find websites which will pay you every time you shop at certain online retailers.

You simply download the websites browser extension and every time youre on an e-commerce site thats qualified for cash-back, youll receive a notification. I use a free site called Ebates, which will pay you $10 just for signing up.

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With their dual cash back specials, you can double your passive income earnings if the right items go on sale.

Again, your earning plan goes out the window if you buy things you dont need simply to earn rewards. Just go about your shopping as normal, and potentially earn a nice cash bonus in the process.

With the explosion of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you make an online shop that provides goods from certain manufacturers.

A person visits your website and requests a product, and then your system sends the Find Out More purchase to the particular manufacturer. The manufacturer then completes the order by shipping it directly to the customer.

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One of those cool things about this type of business is that you do NOT need to purchase inventory. The client pays for the merchandise; you collect the profits, and the manufacturer shops and ships the goods to the client. Its as simple as that.

If youre interested in starting a drop shipping business, consider using a platform such as Shopify to build your online shop.

Online classes can be a great source of passive income. Heres how they work: you create a value-packed online course which will help resolve a problem or fills a need.

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The course can include videos, e-books, and mails with pertinent information. Customers sign up to purchase the course, and your system automatically mails them everything they need to get the materials.

You get money for the price of the course which you just created. A platform for example Teachable can do all of the heavy lifting for you when creating your course.

Regular regular people like you and me are making money on YouTube. Each time someone reaches one of your videos, ads can look, and you can make money from those ads. The key to becoming successful with YouTube is building a big enough subscriber and viewer base.

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It can take a great deal of time up front, but once your videos are live there's potential for you to make passive income from each movie indefinitely.

Granted you will likely not make a living off of only a couple of videos. Be ready to create over 100 videos if you really want this to remove.

Owning a business can be a good passive income resource. The key is in having the ideal people running the business for you. Whether it be through purchasing an existing business or opening a new business, your great business idea can be a feasible source of passive income.