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Ads, affiliate marketing, products up its your decision! 11. Buy a blog thats already making moneyIf youd would rather skip the startup phase, you might want to buy a blog thats built and earning revenue. This is really fairly easy to do as a great deal of individuals start sites, 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 within a site that 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 may 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 remains an option. Youll only need to modify your strategy slightly.It used to be that nearly anyone can monetize their YouTube channels.

Ads) in the start of your content. When you get a certain number of views, you earn cash.There are hordes of people that make entire livings doing this. People filming makeup tutorials, travel guides, unboxing videos, anything you can think about, really. Because YouTube is such a favorite platform, there are 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 meet the requirements for this particular program.That means the whopping 19 cents I was making on this movie went off overnight.Its not only the small guys like me who are being squeezed by the constant updates.

Its constantly changing and evolving, which means you ought to be willing to adapt. Plus, it will help having a blog so youre not relying on a single platform or your own income.What I recommend is utilizing the affiliate plan I mentioned previously. It works much the same way that having affiliate links on your blog does; you simply 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, however you dont need 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 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 click to read more difficult to differentiate yourself.Dropship: when a customer orders from your site, the manufacturer ships.Pros: you dont need to handle physical inventory and also there is less work involved than the models discussed aboveCons: margins arent great, you dont need control on quality, fulfillment, and 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 need to put 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 shop inventory, pay for products up-front, or send a single thing himself.How to set up your own online shop, incremental. The way to find amazing products recommended you read 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 top 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 an account, upload your own 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 earth. And, of course, you will find stats touting that 90% of all millionaires gained that status by owning actual estate.And while real estate is an excellent option, it will take a significant initial investment, so whether or not that passive income stream is ideal 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 love to hear about your experience in the comments below! .