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Advertising, online affiliate marketing, products up its your decision! 11. Buy a blog thats making moneyIf youd would rather skip the startup period, you may want to buy a blog thats built and earning revenue. This is really fairly easy to do because a great deal of individuals start blogs, and then get bored with them.

Expect to see prices ranging from preceding $20,000 to over $2 million. However, most of them have multiple revenue sources, so the advantage is youre taking over a website which will bring in cash 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 with a pre-built blog for less than $1,000! 12. Start a YouTube ChannelSo, the principles on making money using a YouTube channel changed in January 2018, but that remains an option. Youll only need to adjust your strategy slightly.It was that nearly anyone could monetize their YouTube channels.

Ads) at the beginning of your content. When you receive a certain number of views, you earn cash.There are hordes of people who create entire livings doing so. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, actually. Because YouTube is such a favorite platform, you will find far more than enough eyeballs to entice an audience to even the most vague 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 movie 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 must be willing to adapt. Plus, it helps having a blog so youre not relying on a single platform or your income.What I recommend is utilizing the affiliate strategy 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 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 have to visit the site do all the marketing yourself. Udemy includes a built-in base of students, but you dont need as much control and they require more of your revenue. CREATE COURSECreate a course free of: All you need is an email address to find started.Upload your content: Seamlessly upload movies, audio, presentations, images, and text.Make it your own: Customize your college with your brand, colors, logos, etc.Launch: Attract students and market your online courses14.

Also, 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 have control over quality, fulfillment, and also the customer 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 need 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 store inventory, pay for goods up-front, or ship 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 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 make money with your photographs is Shutterstock.

As a result of its popularity and reduced barriers to entry, this site can work as a passive income source irrespective of your experience level.Set an account, upload your pictures, and earn money whenever a client downloads your photos. The amount you earn per download depends on the type of client 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, of course, you will find stats touting that 90% of all millionaires gained that status by owning real estate.And while property is an excellent option, it will take a significant initial investment, therefore whether or not this passive income flow is ideal for you depends on your current financial situation.

I love 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 that brings enormous wealth and satisfaction.Have you tried any of these passive income thoughts Id like to hear about your experience in the comments below! .