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Ads, affiliate marketing, products up its up to you! 11. Purchase a blog thats making moneyIf youd would rather skip the startup period, you might want to purchase a blog thats already built and earning revenue. This is really pretty easy to do as a lot of people start sites, and then get bored with them.

Expect to see prices ranging from above $20,000 to over $2 million. However, the majority of them have multiple revenue sources, or so the advantage is youre taking within a site which will bring in cash 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, you may end up with a pre-built site for less than $1,000! 12. Begin a YouTube ChannelSo, the principles on making money with a YouTube channel changed in January 2018, but that remains an option. Youll only need to adjust your strategy slightly.It used to be that nearly anyone can monetize their YouTube channels.

Advertisements ) at the start of your content. When you receive a certain number of perspectives, you earn cash.There are hordes of people that make entire livings doing so. People filming makeup tutorials, travel guides, unboxing videos, anything you can think about, really. Since 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 particular program.That means that the whopping 19 cents I had been making on this movie went away overnight.Its not only the small guys like me who are being squeezed with the constant upgrades.

Its constantly changing and evolving, which means you must be willing to adapt. Plus, it helps having a blog so youre not relying on a single platform or your own income.What I recommend is utilizing the affiliate plan I mentioned earlier. It functions much the exact same way that having affiliate links on your site does; you simply add them into your YouTube videos as Home Page well.So, which platform 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 have to do all the marketing yourself. Udemy has a built-in foundation of students, however you dont have as much control and they take 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, and text.Make it your own: Customize your own school with your brand, colours, logos, 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 need to handle physical inventory and also there is less work involved than the versions discussed aboveCons: margins arent good, you dont need control on quality, fulfillment, and also the client journey.Affiliate: kind of like a blog, but has the appearance and feel of an e-commerce storePros: the smallest amount of work involved; you dont need to place any ordersCons: I think its kind of unethical because people are shopping on your site but then being taken somewhere else to make a buy.

He didnt store inventory, pay for products up-front, or send a single thing himself.How to set up your own online store, step-by-step. The way to find amazing products 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 really 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 site can function as a passive income source irrespective of your experience level.Set up 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 quotation: The best investment on earth is earth. And, of course, there are stats touting that 90% of millionaires gained that status by owning real estate.And while property is an excellent option, it will require great post to read a significant initial investment, so whether or not that passive income flow is right for you depends on your current financial situation.

I adore the idea of creating something, whether its a blog, a YouTube channel, a course or a store. And while its technically not passive in the beginning, it can be a life-changing experience and one that brings enormous riches and satisfaction.Have you attempted any of these passive income ideas Id love to hear about your experience in the comments below! .