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Advertising, affiliate marketing, products its your decision! 11. Buy a website thats making moneyIf youd prefer to bypass the startup period, you might want to buy a blog thats built and earning revenue. This is actually pretty simple to do as a great deal of individuals start sites, and then get bored together.

Expect to see prices ranging from above $20,000 to over $2 million. However, most of them have multiple revenue sources, so the advantage is youre taking within 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, then you might end up with a pre-built site for less than $1,000! 12. Begin a YouTube ChannelSo, the rules on making money with a YouTube channel changed in January 2018, but this is still an option. Youll just need to adjust your strategy slightly.It was that nearly anyone can monetize their YouTube channels.

Ads) at the beginning of your content. When you receive a certain number of views, you earn cash.There are hordes of people who make entire livings doing this. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, actually. Since YouTube is this a favorite platform, you will find 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 meet the requirements for this program.That means that the whopping 19 cents I was making on this video went off overnight.Its not only the small guys like me who are being squeezed by the constant upgrades.

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Its constantly changing and evolving, so you must be willing to adapt. Additionally, it helps having a site so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate strategy I mentioned previously. It functions much the exact same manner 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 find 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 of the marketing yourself. Udemy includes a built-in base of students, but you dont have as much control and they take 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, audio, presentations, images, and text.Make it your own: Customize your college with your brand, colours, 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 have to handle physical inventory and there is less work involved than the models discussed aboveCons: margins arent great, you dont need control on quality, fulfillment, and also the client journey.Affiliate: kind of like a site, but has the appearance 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 site but then being taken somewhere else to make a buy.

He didnt shop inventory, cover for goods up-front, or ship a single thing himself.How to set up your own online store, step-by-step. The way to find amazing products that you can quickly import and begin selling immediately.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 best sites to make money with your photographs is Shutterstock.

As a result of its popularity and reduced barriers to entry, this site can work as a passive income source regardless of your experience level.Set an account, upload your own pictures, and earn money whenever a client downloads your photos. The amount you earn per download depends on the type of customer 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 earth. And, of course, there are stats touting that 90 percent of all millionaires gained that status by owning real estate.And while real estate is an excellent option, it will 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 class or a shop. And while its technically not passive in the beginning, it can be a life-changing experience and one which brings enormous riches and satisfaction.Have you attempted any of those passive income thoughts Id love to hear about your experience in the comments below! .

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