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Ads, online affiliate marketing, products its up to you! 11. Buy a blog thats making moneyIf youd prefer to bypass the startup phase, you might want to buy a blog thats built and earning revenue. This is actually fairly easy to accomplish 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, the majority of them have multiple revenue sources, 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 might find some hidden gems.

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Bidding starts as low as $1, and if you get lucky, then you may end up with a pre-built blog 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 remains an option. Youll just need to modify your strategy slightly.It used to be that nearly anyone can monetize their YouTube channels.

Ads) in 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 so. People filming cosmetics tutorials, travel guides, unboxing videos, anything you can think of, actually. Since YouTube is such a popular platform, you will find far 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 saw content monthly in order to meet the requirements 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 that are being squeezed by the constant upgrades.

Its constantly changing and evolving, so you ought to be willing to adapt. Additionally, it helps having a blog so youre not relying on a single platform or your own income.What I recommend is utilizing the affiliate strategy I mentioned earlier. It works much the exact same manner 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 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 of the marketing yourself. Udemy has a built-in base of top article students, however you dont need as much control and they require more of your revenue. CREATE COURSECreate a course for free: All you need is an email address to find started.Upload your content: Seamlessly upload movies, sound, presentations, images, and text.Make it your own: Customize your own school with your brand, colours, logos, and etc.Launch: Attract students and sell 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 need control on quality, fulfillment, and also the client journey.Affiliate: kind of like a site, but has the look and feel of an e-commerce storePros: the smallest amount of work involved; you dont have to put any visit the website 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, cover for goods up-front, or ship a single thing himself.How to set up your own online shop, incremental. The way 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 best sites to make money with your photos is Shutterstock.

Due to its popularity and low barriers to entry, this site can link function as a passive income source regardless of your experience level.Set up an account, upload your own pictures, 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 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 real estate is an excellent option, it does take a significant initial investment, so whether or not that passive income stream is right for you depends on your current financial situation.

I adore the idea of creating something, whether its a website, a YouTube channel, a class or a store. And while its technically not inactive in the beginning, it can be a life-changing experience and one which brings enormous riches and satisfaction.Have you attempted any of these passive income thoughts Id love to hear about your experience in the comments below! .