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Ads, online affiliate marketing, products its your decision! 11. Buy a website thats already making moneyIf youd would rather skip the startup period, you might want to buy a blog thats already built and earning revenue. This is actually pretty easy to accomplish as a lot of people 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, 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 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 blog for less than $1,000! 12. Begin a YouTube ChannelSo, the rules on making money with a YouTube channel changed in January 2018, but that is still an option. Youll only need to adjust your plan slightly.It used to be that nearly anyone could monetize their YouTube channels.

Ads) in the start of your content. When you receive a certain number of views, you earn cash.There are hordes of people that make entire livings doing so. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, actually. Because YouTube is this a favorite platform, you will find more than enough eyeballs to entice an audience to even the most obscure niche.However, as of January, you should 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 just the little guys like me who are being squeezed with the constant updates.

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Its constantly changing and evolving, so you must be willing to adapt. Additionally, it helps having a blog so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate plan I mentioned earlier. It works much the exact same check these guys out manner that having affiliate links on your blog does; you simply add them to 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 base of students, but you dont need as much control and they require more of your revenue. CREATE COURSECreate a class free of: All you need is an email address to get started.Upload your content: Seamlessly upload videos, audio, presentations, pictures, and text.Make it your own: Customize your own college with your brand, colors, logos, etc.Launch: Attract students and market your online courses14.

Additionally, 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 also there is less work involved than the versions discussed aboveCons: margins arent great, you dont have control over quality, fulfillment, and also the client journey.Affiliate: kind of like a blog, but has the look and texture of an e-commerce storePros: the smallest amount of work involved; you dont have 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 purchase.

He didnt store inventory, cover for goods up-front, or ship a single thing himself.How to establish your own online store, step-by-step. The way to find amazing products you can quickly 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 photographs is Shutterstock.

Due to its popularity and reduced barriers to entry, this website can work as a passive income source irrespective of your experience level.Set up an account, upload your pictures, and earn money every time a client downloads your photos. The amount you earn per download depends on the sort 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 ground. And, clearly, there are stats touting that 90% of millionaires gained that status by owning real estate.And while real estate is an excellent option, it does take a significant initial investment, so whether or not this passive income flow is right for you depends on your current financial situation.

I love the thought of creating something, whether its a blog, 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 that brings enormous riches and satisfaction.Have you tried any of these passive income thoughts Id like to hear about your experience in the comments below! .

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