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Ads, online affiliate marketing, products its your decision! 11. Buy a website thats making moneyIf youd would rather skip the startup phase, you might want to buy a blog thats already built and earning revenue. This is really fairly simple to accomplish because a lot of people start blogs, and then get bored with them.

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 within a site that 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 might end up with 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 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 receive a certain number of views, you earn cash.There are hordes of people that create entire livings doing so. Folks filming makeup tutorials, travel guides, unboxing videos, anything you can think about, actually. Since YouTube is such a popular platform, you will find far more than enough eyeballs to entice 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 particular program.That means the whopping 19 cents I was making on this movie went away overnight.Its not just the small guys like me that are being squeezed with the constant updates.

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 stage or your income.What I recommend is utilizing the affiliate strategy I mentioned earlier. It works much the exact same manner that having affiliate links on your blog does; you simply add them to your YouTube videos as well.So, which stage if 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 need to do all the marketing yourself. Udemy has a built-in foundation of students, however you dont have as much control and they require more of your revenue. CREATE COURSECreate a course free of: All you need is an email address to get started.Upload your content: Seamlessly upload movies, sound, presentations, images, link 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 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 models discussed aboveCons: margins arent good, you dont have control on quality, fulfillment, and the customer journey.Affiliate: kind of like a site, but has the look and feel of an e-commerce storePros: the least amount of work involved; you dont have to put link any ordersCons: I think its kind of shady because people are shopping on your site but then being taken someplace else to make a buy.

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

Due to its popularity and low barriers to entry, this website can function as a passive income source irrespective of your experience level.Set an account, upload your own pictures, and earn money every time a client downloads your photographs. The amount you earn per download depends on the type of customer 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 earth. And, of course, there are stats touting that 90 percent of millionaires gained that status by owning real estate.And while real estate is an excellent option, it will take a significant initial investment, therefore whether or not that passive income flow is ideal for you depends on your current financial situation.

I love the idea of creating something, whether my site its a blog, a YouTube channel, a course or a store. 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 those passive income thoughts Id like to hear about your experience in the comments below! .