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Ads, online affiliate marketing, products up its your decision! 11. Purchase a blog thats already making moneyIf youd would rather bypass the startup phase, you may want to buy a blog thats built and earning revenue. This is actually fairly easy to accomplish because a great deal of individuals start blogs, 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, so the advantage is youre taking within a website that will bring in money from day one.Flippas inventory is not nearly as prestigious, but you may find some hidden jewels.

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Bidding starts as low as $1, and if you get lucky, you might end up with a pre-built site for less than $1,000! 12. Begin a YouTube ChannelSo, the principles on making money using a YouTube channel changed in January 2018, but this remains an option. Youll just need to modify your plan slightly.It was that nearly anyone can monetize their YouTube channels.

Ads) in the beginning of your content. When you get a certain number of views, you earn cash.There are hordes of people that make entire livings doing this. People filming makeup tutorials, travel guides, unboxing videos, anything you can think about, really. Since YouTube is such a favorite platform, there are more than enough eyeballs to entice 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 saw content monthly in order to meet the requirements for this particular program.That means the whopping 19 cents I was making on this video went away overnight.Its not just the little guys like me who are being squeezed with the constant updates.

Its constantly changing and evolving, which means you must be willing to adapt. Plus, it will help having a site so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate strategy I mentioned previously. It works much the same manner that having affiliate links on your site does; you just 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. great site

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Instead you need to do all the marketing yourself. Udemy has a built-in foundation of students, but you dont have as much control and they require more of your revenue. CREATE COURSECreate a course for free: All you need is an email address to find started.Upload your content: Seamlessly upload videos, audio, presentations, images, and text.Make it your own: Customize your own college with your brand, colors, logos, etc.Launch: Attract students and market 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 versions discussed aboveCons: margins arent great, you dont need control over quality, fulfillment, and the client journey.Affiliate: kind of like a site, but has the look and feel of an e-commerce storePros: the smallest amount of work involved; you dont have to place any ordersCons: I think its kind of shady because people are shopping on your website 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 shop, step-by-step. The way to find amazing products 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 really pretty simple.One of the best sites to make money with your photos is Shutterstock.

Due to its popularity and reduced barriers to entry, this website can function as a passive income source regardless of your experience level.Set an account, upload your own images, and earn money every time a customer downloads your photos. The amount you earn per download depends on the type of customer who buys 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 percent of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it will require a significant initial investment, so whether or not that passive income flow is ideal for you depends on your current financial situation.

I love the thought of creating something, whether its a website, a YouTube channel, a course or a shop. And while its technically not passive in the beginning, it can visit their website be a life-changing experience and one which brings enormous wealth and satisfaction.Have you attempted any of those passive income thoughts Id love to hear about your experience in the comments below! .