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Ads, affiliate marketing, products up its your decision! 11. Purchase a blog thats already making moneyIf youd would rather bypass the startup period, you might want to buy a blog thats already built and earning revenue. This is really pretty 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, so the advantage is youre taking within a website which will bring in cash from day one.Flippas inventory is not nearly as prestigious, but you might find some hidden jewels.

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Bidding starts as low as $1, and if you get lucky, 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 that remains an option. Youll just need to adjust your strategy slightly.It used to be that nearly anyone could monetize their YouTube channels.

Advertisements ) in the beginning of your content. When you receive a certain number of perspectives, you earn cash.There are hordes of people that make entire livings doing this. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, really. Because YouTube is such a popular platform, there are more than enough eyeballs to attract 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 meet the requirements for this program.That means the whopping 19 cents I was making on this video went away overnight.Its not just the small guys like me who are being squeezed by the constant upgrades.

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Its constantly changing and evolving, which means you must be willing to adapt. Plus, it will help having a site so youre not relying on a single platform or your own income.What I recommend is utilizing the affiliate strategy I mentioned previously. It works much the same way that having affiliate links on your site does; you simply add them to your YouTube videos as well.So, which platform if you chooseTeachable and Udemy are just two of many, but these are the most prevalent, and theyre both intuitive and user-friendly.

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Instead you have to do all of the marketing yourself. Udemy has a built-in foundation of students, however you dont have as much control and they take more of your revenue. CREATE COURSECreate a course for free: All you need is an email address to get started.Upload your content: Seamlessly upload movies, sound, presentations, pictures, and text.Make it your own: Customize your college with your brand, colors, logos, etc.Launch: Attract students and market your online courses14.

Additionally, 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 have control on 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 content ordersCons: I think its kind of shady because people are shopping on your site but then being taken somewhere else to make a buy.

He didnt store inventory, pay 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 import and begin selling instantly.15. Sell Your Pictures 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 photos is Shutterstock.

As a result of its popularity and reduced barriers to entry, this site can work 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 photos. The amount you earn per download depends on the type of client 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, clearly, you will find stats touting that 90 percent of millionaires gained that status by owning actual estate.And while property is an excellent option, it will take a significant initial investment, so whether or not this passive income flow is right for you depends on your current financial situation.

I love the idea of creating something, whether its a website, a YouTube channel, a class or a store. 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 tried any of those passive income thoughts Id like to hear about your experience in the comments below! .

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