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Ads, affiliate marketing, products its up to you! 11. Purchase a blog thats already making moneyIf youd prefer to skip the startup period, you may want to purchase a blog thats already built and earning revenue. This is actually pretty easy to do because a great deal of individuals start blogs, and then get bored with them.

Expect to see prices ranging from above $20,000 to more than $2 million. But most of them have multiple revenue sources, or so the advantage is youre taking within a website which 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. 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 strategy slightly.It used to be that almost anyone can monetize their YouTube channels.

Ads) at the beginning of your content. When you receive a certain number of perspectives, you earn cash.There are hordes of people that create 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 attract 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 qualify for this program.That means that 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 updates.

Its constantly changing and evolving, which means you must be willing to adapt. Plus, it helps having a site 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 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.

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Instead you need to do all of 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 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 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 there is less work involved than the versions discussed aboveCons: margins arent great, you dont need control on quality, fulfillment, and also the client journey.Affiliate: kind of like a blog, but has the appearance 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 website but then being taken someplace else to make a purchase.

He didnt store recommended you read inventory, cover for goods up-front, or ship a single thing himself.How to establish your own online store, incremental. How to find amazing products that you can quickly import and begin selling instantly.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 earn money with your photos is Shutterstock.

As page a result of 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 pictures, and earn money whenever a client downloads your photos. The amount you earn per download depends on the sort of client 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 ground. And, of course, there are stats touting that 90% of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it will require a significant initial investment, therefore whether or not this passive income flow is right for you depends on your current financial situation.

I adore the thought of creating something, if its a blog, a YouTube channel, a course or a shop. And while its technically not passive in sites the beginning, it can be a life-changing experience and one that brings enormous wealth and satisfaction.Have you attempted any of these passive income thoughts Id like to hear about your experience in the comments below! .