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Ads, affiliate marketing, products its up to you! 11. Buy a blog thats already making moneyIf youd prefer to skip the startup phase, you may want to buy a blog thats built and earning revenue. This is really fairly simple to accomplish because a lot of people start sites, and then get bored together.

Expect to see prices ranging from preceding $20,000 to over $2 million. However, most of them have multiple revenue sources, or so the advantage is youre taking over 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, you might end up with a pre-built blog 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.

Advertisements ) in the beginning of your content. When you receive a certain number of views, you earn cash.There are hordes of people who create entire livings doing this. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, actually. Because YouTube is this 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 program.That means that the whopping 19 cents I had been making on this movie went off overnight.Its not only the little guys like me who are being squeezed by the constant updates.

Its constantly changing and evolving, so you ought to be willing to adapt. Additionally, it will help having a blog so youre not relying on a single platform or your 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 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 includes a built-in foundation of students, but you dont need as much control and they take 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 videos, sound, presentations, pictures, and text.Make it your own: Customize your college with your brand, colours, logos, etc.Launch: Attract students and market 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 good, you dont need control over quality, fulfillment, and the customer journey.Affiliate: kind of like a blog, but has the appearance and feel of an e-commerce storePros: the least amount of work involved; you dont have to put any ordersCons: I think its kind of unethical because people are shopping on your site but then being taken someplace else to make a buy.

He didnt shop inventory, cover for products up-front, or send a single thing himself.How to set up your own online store, step-by-step. How to find awesome products you can quickly import and begin selling immediately.15. Sell Your Photos OnlineEver wondered how you can get paid to take pictures As it turns out, its actually pretty simple.One of the top sites to make money with your photographs is Shutterstock.

Due to its popularity and low barriers to entry, this website can function as a passive income source irrespective of your experience level.Set an account, upload your pictures, and earn money every time a client downloads your photos. The amount you earn per download depends on the type of customer who buys 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 earth. And, of course, there are stats touting that 90 percent of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it does require a significant initial investment, therefore whether or not that passive income flow is ideal for you depends on your current financial situation.

I adore the thought of creating something, if its a website, a YouTube channel, a course or a store. check And while its technically not passive in the beginning, it can be a life-changing experience and one which brings enormous riches and satisfaction.Have you attempted any of those passive income ideas Id love to hear about your experience in the comments below! .