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Ads, affiliate marketing, products its your decision! 11. Purchase a website thats already making moneyIf youd would rather skip the startup period, you might want to purchase a blog thats already built and earning revenue. This is actually fairly simple to accomplish as a lot of people start sites, and then get bored together.

Expect to see prices ranging from preceding $20,000 to over $2 million. But most of them have multiple revenue sources, or so the advantage is youre taking over a site which will bring in cash 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 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 only need to modify 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 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, really. Since YouTube is such a favorite platform, you will find far more than enough eyeballs to entice an audience to even the most vague niche.However, as of January, you should have at least 1,000 subscribers or 4,000 hours of saw content monthly in order to qualify for this program.That means that the whopping 19 cents I had been making on this video went away overnight.Its not just the little guys like me that are being squeezed with the constant upgrades.

Its constantly changing and evolving, so you must be willing to adapt. Additionally, it will help having a blog so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate plan I mentioned previously. It works much the exact same manner that having affiliate links on your site does; you simply add them into your YouTube videos as well.So, which platform if you chooseTeachable and Udemy are 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 the marketing yourself. Udemy has a built-in foundation 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 market your online courses14.

Additionally, 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 also there is less work involved than the versions discussed aboveCons: margins arent good, you dont need control over quality, fulfillment, and the client journey.Affiliate: kind of like a blog, but has the look and feel of an e-commerce storePros: the smallest amount of work involved; you dont need to put any ordersCons: I think its kind of shady because people are shopping on your site but then being taken somewhere else to make a purchase.

He didnt shop inventory, cover for goods up-front, or ship a single thing himself.How to set up your own online store, incremental. The way to find amazing products you can 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 best sites to earn money with your photographs is Shutterstock.

As a result of its popularity and low barriers to entry, this site can function 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 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 ground. And, clearly, you will find stats touting that 90 percent of millionaires gained that status by owning real estate.And while property is an excellent option, here it will require a significant initial investment, therefore whether or not this passive income stream is right for you depends on your current financial situation.

I adore the thought of creating something, whether its a blog, a YouTube channel, a class or a shop. And while its technically not inactive in the beginning, it can be a life-changing experience and one that brings enormous wealth and satisfaction.Have you attempted any of those passive income ideas Id like to hear about your experience in the comments below! .