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Advertising, affiliate marketing, products up its up to you! 11. Buy a blog thats already making moneyIf youd would rather bypass the startup period, you might want to purchase a blog thats already built and earning revenue. This is really pretty simple to do because a lot of people start blogs, and then get bored with them.

Expect to see prices ranging from above $20,000 to more than $2 million. But most of them have multiple revenue sources, or so the advantage is youre taking within a website that 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, then you may end up getting a pre-built site 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.

Advertisements ) in the beginning of your content. When you get a certain number of views, you earn cash.There are hordes of people who make entire livings doing so. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, really. 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 should have at least 1,000 subscribers or 4,000 hours of saw content monthly in order to qualify for this particular program.That means that the whopping 19 cents I was making on this video went away overnight.Its not just the small guys like me that are being squeezed by the constant upgrades.

Its constantly changing and evolving, so you must 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 earlier. It functions much the exact same manner that having affiliate links on your blog 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 base of students, but you dont need 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 videos, audio, presentations, pictures, and text.Make it your own: Customize your own college with your brand, colors, logos, and etc.Launch: Attract students and market your online courses14.

Additionally, 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 there is less work involved than the models discussed aboveCons: margins arent great, you dont need control over quality, fulfillment, and also the client journey.Affiliate: kind of like a blog, but has the appearance and texture of an e-commerce storePros: the smallest amount of work involved; useful source you dont have to place any ordersCons: I think its kind of shady because people are shopping on your website but then being taken someplace 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. The way to find amazing 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 actually pretty simple.One of the best sites to earn money with your photos is Shutterstock.

Due to its popularity and low barriers to entry, this site can work as a passive income source regardless of your experience level.Set an account, upload your own pictures, and earn money every time a customer downloads your photos. The amount you earn per download depends on the sort of client who buys the picture.

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An investor more info here by the name of Louis Glickman is credited with this quotation: The best investment on earth is earth. And, clearly, there are stats touting that 90% of millionaires gained that status by owning real estate.And while property is an excellent option, it does require a significant initial investment, therefore whether or not this passive income stream is right for you depends on your current financial situation.

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