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Ads, affiliate marketing, products its up to you! 11. Buy a blog thats making moneyIf youd prefer to bypass the startup period, you may want to purchase a blog thats built and earning revenue. This is actually fairly simple to accomplish as a lot of individuals start blogs, and then get bored with them.

Expect to see prices ranging from above $20,000 to over $2 million. However, most of them have multiple revenue sources, so the advantage is youre taking over a website that 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, 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 just need to adjust your strategy slightly.It used to be that nearly anyone could monetize their YouTube channels.

Ads) at the start of your content. When you get a certain number of views, you earn cash.There are hordes of people who create entire livings doing so. People filming makeup tutorials, travel guides, unboxing videos, anything you can think about, actually. Since 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 saw content monthly in order to qualify for this particular program.That means the whopping 19 cents I was making on this video went off overnight.Its not just the small guys like me who are being squeezed by the constant upgrades.

Its constantly changing and evolving, so you ought to be willing to adapt. Plus, it helps having a site so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate plan I mentioned previously. It functions 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 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 of the marketing yourself. Udemy includes a built-in foundation of students, however you dont need as much control and they take more of your revenue. CREATE COURSECreate a course free of: All you need is an email address to get started.Upload your content: Seamlessly upload videos, audio, presentations, images, and text.Make it your own: Customize your school with your brand, colors, logos, and etc.Launch: Attract students and sell your online check out this site 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 also there is less work involved than the versions discussed aboveCons: margins arent great, you dont have control on quality, fulfillment, and also the client journey.Affiliate: kind of like a site, but has the appearance and feel of an e-commerce storePros: the least amount of work involved; you dont need to put any ordersCons: I think its kind of shady because people are shopping on your site but then being taken somewhere else to make a purchase.

He didnt store inventory, pay for products up-front, or send a single thing himself.How to establish your own online shop, step-by-step. 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 earn money with your photos is Shutterstock.

Due to 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 pictures, and earn money whenever a customer 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 quotation: The best investment on earth is ground. And, clearly, you will find stats touting that 90% of millionaires gained that status by owning actual estate.And while real estate is an excellent option, it does 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 idea of creating something, if its a blog, 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 that brings enormous riches and satisfaction.Have you attempted any of these passive income thoughts Id like to hear about your experience in the comments below! .