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Advertising, affiliate marketing, products up its up to you! 11. Buy a blog thats making moneyIf youd would rather skip the startup period, you may want to buy a blog thats built and earning revenue. This is really pretty simple to do because a lot of individuals start blogs, and then get bored with them.

Expect to see prices ranging from preceding $20,000 to over $2 million. However, the majority of them have multiple revenue sources, so the advantage is youre taking over a website 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, then you might end up getting a pre-built site for less than $1,000! 12. Start a YouTube ChannelSo, the principles on making money using a YouTube channel changed in January 2018, but that remains an option. Youll just need to modify your plan 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 make entire livings doing so. Folks filming makeup tutorials, travel guides, unboxing videos, anything you can think about, really. Since YouTube is this a favorite platform, there are 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 program.That means the whopping 19 cents I was making on this movie went off overnight.Its not just the little guys like me that are being squeezed with the constant upgrades.

Its constantly changing and evolving, which means you must be willing to adapt. Additionally, it will help having a site so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate plan I mentioned previously. It functions much the same way 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 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 of the marketing yourself. Udemy has a built-in foundation of students, but useful reference you dont need 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 videos, audio, presentations, pictures, and text.Make it your own: Customize your college with your brand, colours, logos, 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 versions discussed aboveCons: margins arent great, you dont have control over quality, fulfillment, and the client journey.Affiliate: kind of like a site, but has the appearance and feel of an e-commerce storePros: the least amount of work involved; you dont need to put 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, cover for goods up-front, or send a single thing himself.How to set up your own online shop, incremental. The way to find amazing products that you Recommended Reading 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 actually pretty simple.One of the top sites to earn money with your photos is Shutterstock.

As a result of its popularity and reduced barriers to entry, this site can work as a passive income source regardless of your experience level.Set an account, upload your own pictures, and earn money whenever a customer 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 quote: The best investment on earth is earth. And, of course, you will find stats touting that 90 percent of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it does take a significant initial informative post investment, therefore 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 website, a YouTube channel, a class 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 tried any of these passive income thoughts Id love to hear about your experience in the comments below! .