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Advertising, affiliate marketing, products its up to you! 11. Buy a blog thats making moneyIf youd prefer to bypass the startup phase, you may want to purchase a blog thats already built and earning revenue. This is really pretty easy to accomplish because a lot of individuals start sites, and then get bored with them.

Expect to see prices ranging from preceding $20,000 to more than $2 million. However, the majority of them have multiple revenue sources, or so the advantage is youre taking within 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 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 that is still an option. Youll just need to modify your plan slightly.It used to be that almost anyone can monetize their YouTube channels.

Advertisements ) at the beginning of your content. When you receive a certain number of perspectives, you earn cash.There are hordes of people who make entire livings doing this. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, actually. 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 should have at least 1,000 subscribers or 4,000 hours of watched 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 little guys like me who 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 stage or your income.What I recommend is utilizing the affiliate strategy discover here I mentioned previously. It works much the exact same way that having affiliate links on your blog does; you simply add them into 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 need to do all of the marketing yourself. Udemy has a built-in base of students, but you dont need as much control and they require more of your revenue. CREATE COURSECreate a class for free: All you need is an email address to find started.Upload your content: Seamlessly upload videos, sound, presentations, pictures, and text.Make it your own: Customize your own school 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 also there is less work involved than the models discussed aboveCons: margins arent good, you dont have control over quality, fulfillment, and also the customer journey.Affiliate: kind of like a site, but has the appearance and feel of an e-commerce storePros: the smallest amount of work involved; you dont need to place any ordersCons: I think its kind of unethical because people are shopping on your site but then being taken someplace else to make a purchase.

He didnt shop inventory, cover for goods up-front, or ship a single thing himself.How to establish your own online store, 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 really pretty simple.One of the best sites to earn money with your photos is Shutterstock.

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

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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, there are 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 right for you depends on your current financial situation.

I adore the idea of creating something, if its a website, check that a YouTube channel, a course or a shop. 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 attempted any of these passive income thoughts Id love to hear about your experience in the comments below! .