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

Expect to see prices ranging from preceding $20,000 to over $2 million. But 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 may find some hidden jewels.

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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 principles on making money using a YouTube channel changed in January 2018, but this is still an option. Youll only need to modify your strategy slightly.It used to be that nearly anyone could monetize their YouTube channels.

Advertisements ) in the start of your content. When you receive a certain number of views, you earn cash.There are hordes of people who make entire livings doing this. People filming makeup tutorials, travel guides, unboxing videos, anything you can think of, actually. Since YouTube is this a favorite platform, there are more than enough eyeballs to entice 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 program.That means that the whopping 19 cents I had been making on this movie went off overnight.Its not just the little guys like me who are being squeezed with the constant updates.

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 simply add them to your YouTube videos as well.So, which stage should you chooseTeachable and Udemy are just two anonymous 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 includes a built-in foundation of students, but you dont need as much control and they take 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 videos, audio, presentations, pictures, and text.Make it your own: Customize your own school with your brand, colors, logos, and etc.Launch: Attract students and sell 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 also there is less work involved than the versions discussed aboveCons: margins arent great, you dont need control on quality, fulfillment, and also the customer journey.Affiliate: kind of like a site, but has the appearance and texture of an e-commerce storePros: the least amount of work involved; you dont have to browse around this site put any ordersCons: I think its kind of shady because people are shopping on your website but then being taken someplace else to make a buy.

He didnt store inventory, cover for products up-front, or ship a single thing himself.How to establish your own online shop, step-by-step. How to find awesome products that you can quickly import and begin selling instantly.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 photographs is Shutterstock.

Due to its popularity and reduced barriers to entry, this site can work as a passive income source irrespective of your experience level.Set up an account, upload your own pictures, and earn money every time a customer downloads your photographs. The amount you earn per download depends on the type 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, there are stats touting that 90 percent of all millionaires gained that status by owning actual estate.And while real estate is an excellent option, it will require a significant initial investment, so whether or not this passive income stream is right for you depends on your current financial situation.

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