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Advertising, affiliate marketing, products up its your decision! 11. Buy a blog thats making moneyIf youd would rather skip the startup phase, you might want to buy a blog thats built and earning revenue. This is actually fairly easy to do as a lot of individuals start blogs, and then get bored together.

Expect to see prices ranging from above $20,000 to over $2 million. However, most of them have multiple revenue sources, or so the advantage is youre taking over a website that will bring in money from day one.Flippas inventory is not nearly as prestigious, but you may 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 using a YouTube channel changed in January 2018, but that remains an option. Youll only need to modify your strategy slightly.It used to be that almost anyone can monetize their YouTube channels.

Advertisements ) at the beginning of your content. When you get a certain number of perspectives, you earn cash.There are hordes of people who make entire livings doing so. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, really. Since YouTube is such a popular platform, there are far 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 qualify for this particular program.That means that the whopping 19 cents I had been making on this movie went off overnight.Its not just the small guys like me that are being squeezed by the constant upgrades.

Its constantly changing and evolving, which means you ought to be willing to adapt. Plus, it helps having a blog so youre not relying on a single stage or your own income.What I recommend is utilizing the affiliate strategy I mentioned previously. It works much the exact same way that having affiliate links on your site does; you just add them into your YouTube videos as well.So, which platform if 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, however you dont need as much control and they take 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 movies, sound, presentations, pictures, and text.Make it your own: Customize your school with your brand, colours, 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 versions 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 feel of an e-commerce storePros: the smallest amount of work involved; you dont have to put any ordersCons: I think its kind of shady because people are shopping on your website but then being taken somewhere else to make a buy.

He didnt shop inventory, pay for goods up-front, or ship a single thing himself.How to establish your own online store, incremental. How to find amazing products you can import and begin selling immediately.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.

As a result of its popularity and low barriers to entry, this site can function as a passive income source regardless of your experience level.Set up an account, upload your own images, and earn money whenever a customer downloads your photos. The amount you earn per download depends on the sort of customer 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 ground. And, of course, you will find stats touting that 90% of all millionaires gained that status by her latest blog owning actual estate.And while real estate is an excellent option, it does take a significant initial investment, so whether or not that passive income stream is his comment is here right 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 which brings enormous riches and satisfaction.Have you tried any of those passive income ideas Id like to hear about your experience in the comments below! .