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Advertising, online affiliate marketing, products up its up to you! 11. Buy a blog thats making moneyIf youd prefer to skip the startup phase, you may want to purchase a blog thats built and earning revenue. This is really fairly easy to accomplish as 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 over a site which will bring in money 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 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 this is still an option. Youll just need to modify your plan slightly.It was that nearly anyone can monetize their YouTube channels.

Ads) in the start 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. Because YouTube is this a popular platform, there are more than enough eyeballs to attract 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 meet the requirements for this program.That means that the whopping 19 cents I was making on this video went off overnight.Its not only the small guys like me that are being squeezed by the constant updates.

Its constantly changing and evolving, so you must be willing to adapt. Plus, it helps having a blog so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate strategy I mentioned earlier. It works much the same manner that having affiliate links on your site does; you just add them to your YouTube videos as well.So, which platform should 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 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 movies, sound, presentations, images, and text.Make it your own: Customize your school with your brand, colours, logos, and etc.Launch: Attract students and market your online courses14.

Additionally, 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 models discussed aboveCons: margins arent great, you dont have control on quality, fulfillment, and also the customer 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 need to place any ordersCons: I think its kind of shady because people are shopping on your website but then being taken somewhere else see this site to make a buy.

He didnt store inventory, cover for goods up-front, or send a single thing himself.How to establish your own online store, step-by-step. How to find amazing products that 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 top sites to make money with your photos is Shutterstock.

As a result of 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 own images, and earn money every time a customer downloads your photographs. The amount you earn per download depends on the type of client who purchases the picture.

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An investor by the name of Louis Glickman is credited with this quote: The best investment on earth is ground. And, of course, there are stats touting that 90 percent of millionaires gained that status by owning actual estate.And while property is an excellent option, it does require a significant initial investment, so whether or not that passive income stream is ideal for you depends on your current financial situation.

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