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Advertising, affiliate marketing, products its up to you! 11. Purchase a blog thats already making moneyIf youd would rather skip the startup phase, you might want to purchase a blog thats built and earning revenue. This is actually pretty simple to accomplish as a great deal of individuals start blogs, and then get bored with them.

Expect to see prices ranging from above $20,000 to over $2 million. But the majority of them have multiple revenue sources, or so the advantage is youre taking within a website which 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 might end up getting a pre-built blog for less than $1,000! 12. Start a YouTube ChannelSo, the rules on making money using a YouTube channel changed in January 2018, but this is still an option. Youll just need to modify your strategy slightly.It used to be that nearly anyone can monetize their YouTube channels.

Advertisements ) at the beginning of your content. When you receive a certain number of views, you earn cash.There are hordes of people that create entire livings doing this. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, actually. Because YouTube is this a popular platform, you will find 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 that the whopping 19 cents I had been making on this movie went away overnight.Its not just the small guys like me who are being squeezed with the constant updates.

Its constantly changing and evolving, so you must be willing to adapt. Plus, it helps having a site so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate plan I mentioned previously. It functions much the exact same manner that having affiliate links on your site does; you just add them to your YouTube videos as well.So, which platform should 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 the marketing yourself. Udemy includes a built-in foundation of students, but you dont have as much control and they require more of your revenue. CREATE COURSECreate a class free of: All you need is an email address to find started.Upload your content: Seamlessly upload videos, audio, presentations, images, and text.Make it your own: Customize your own school with your brand, colours, logos, and 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 have to handle physical inventory and also there is less work involved than the versions discussed aboveCons: margins arent good, you dont have control over quality, fulfillment, and the customer journey.Affiliate: kind of Read More Here like a site, but has the appearance and texture of an e-commerce storePros: the smallest amount of work involved; you dont have to place any ordersCons: I think its kind of shady because people are shopping on your website but then being taken somewhere else to make a purchase.

He didnt store inventory, cover for goods up-front, or ship a single thing himself.How to establish your own online shop, incremental. How to find amazing products that you can 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 earn 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 images, 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, clearly, you will find stats touting that 90 percent of all millionaires gained that status by owning real estate.And while real estate is an excellent option, it will take a significant initial investment, so whether or not this passive income flow is ideal 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 riches and satisfaction.Have you tried any of those passive income thoughts Id love to hear about your experience in the comments below! .