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Advertising, online affiliate marketing, products up its up to you! 11. Buy a blog thats already making moneyIf youd prefer to skip the startup period, you may want to buy a blog thats already built and earning revenue. This is actually fairly simple to accomplish as a great deal of people start sites, and then get bored with them.

Expect to see prices ranging from preceding $20,000 to more than $2 million. However, the majority 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 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. Start a YouTube ChannelSo, the rules on making money with a YouTube channel changed in January 2018, but this is still an option. Youll only need to modify your plan slightly.It was that almost 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 who create entire livings doing so. Folks filming makeup tutorials, travel guides, unboxing videos, anything you can think about, really. Because YouTube is this a popular platform, you will find far more than enough eyeballs to attract an audience to even the most vague 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 the whopping 19 cents I was making on this video went off overnight.Its not only the little guys like me who are being squeezed by the constant upgrades.

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 stage or your income.What check it out I recommend is utilizing the affiliate strategy I mentioned previously. It functions much the exact 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 foundation of students, but you dont need as much control and they take 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 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 have to handle physical inventory and there is less work involved than the versions discussed aboveCons: margins arent good, you dont have control on quality, fulfillment, and the client journey.Affiliate: kind of like a site, 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 shady because people are shopping on your site but then being taken somewhere else to make a purchase.

He didnt shop inventory, cover for products up-front, or send a single thing himself.How to establish your own online shop, step-by-step. How to find awesome products you 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 really pretty simple.One of the best sites to make money with your photos is Shutterstock.

As a result of its popularity and low barriers to entry, this site can function as a passive income source regardless of your experience level.Set up an account, upload your images, and earn money whenever a client downloads your photographs. The amount you earn per download depends on the type of customer 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 earth. And, clearly, you will find stats touting that 90% of millionaires gained that status by owning real estate.And while property is an excellent option, it does take a significant initial investment, therefore whether or not this passive income stream is ideal go now 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 be a life-changing experience and one which brings enormous wealth and satisfaction.Have you tried any of these passive income thoughts Id like to hear about your experience in the comments below! .