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Ads, online affiliate marketing, products up its your decision! 11. Purchase a blog thats making moneyIf youd would rather bypass the startup phase, you might want to purchase a blog thats built and earning revenue. This is actually pretty easy to accomplish because a great deal of people start blogs, and then get bored together.

Expect to see prices ranging from above $20,000 to over $2 million. However, the majority of them have multiple revenue sources, so the advantage is youre taking over a site which will bring in cash 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. Start a YouTube ChannelSo, the principles on making money with 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 almost anyone could monetize their YouTube channels.

Ads) in 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 this. People filming makeup tutorials, travel guides, unboxing videos, anything you can think about, actually. Since YouTube is this a popular platform, there are far more than enough eyeballs to entice 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 watched content monthly in order to qualify for this particular program.That means the whopping 19 cents I had been making on this video went off overnight.Its not just the small guys like me that are being squeezed by the constant updates.

Its constantly changing and evolving, which means you must be willing to adapt. Plus, it will help 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 functions much the same manner that having affiliate links on your site does; you simply add them into your YouTube videos as well.So, which stage should you chooseTeachable and Udemy are two of many, but these are the most prevalent, and theyre try this 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 require more of your revenue. CREATE COURSECreate a class for free: 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 own school with your brand, colours, logos, etc.Launch: Attract students and market your online courses14.

Also, can be hard to differentiate yourself.Dropship: when a customer orders from your site, the manufacturer ships.Pros: you dont have to handle physical inventory and also there is less work involved than the versions discussed aboveCons: margins arent great, you dont need control on quality, fulfillment, and the customer journey.Affiliate: kind of like a site, but has the appearance and texture of an e-commerce storePros: the smallest amount of work involved; you dont need to place any read more ordersCons: I think its kind of shady because people are shopping on your website but then being taken somewhere else to make a buy.

He didnt shop inventory, cover for products up-front, or ship a single thing himself.How to establish your own online shop, incremental. How to find awesome products 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 site can function as a passive income source regardless of your experience level.Set up an account, upload your own images, and earn money whenever a client downloads your photographs. The amount you earn per download depends look at this site on the sort of customer who purchases 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 ground. And, clearly, you will find stats touting that 90% of millionaires gained that status by owning real estate.And while real estate is an excellent option, it does take a significant initial investment, therefore whether or not that passive income stream is right for you depends on your current financial situation.

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