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Ads, affiliate marketing, products its your decision! 11. Purchase a blog thats already making moneyIf youd would rather bypass the startup period, you may want to purchase a blog thats built and earning revenue. This is actually pretty easy to accomplish because a great deal of people start sites, and then get bored together.

Expect to see prices ranging from above $20,000 to more than $2 million. But the majority of them have multiple revenue sources, or so the advantage is youre taking over a site that will bring in money from day one.Flippas inventory is not nearly as prestigious, but you might 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 that is still an option. Youll only need to modify your strategy slightly.It was that nearly anyone can monetize their YouTube channels.

Advertisements ) in the beginning of your content. When you get a certain number of views, you earn cash.There are hordes of people that make entire livings doing so. Folks filming cosmetics tutorials, travel guides, unboxing videos, anything you can think about, really. Since YouTube is such a favorite platform, there are 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 the whopping 19 cents I had been making on this video went away overnight.Its not just the little guys like me that are being squeezed with the constant updates.

Its constantly changing and evolving, so you must be willing to adapt. Plus, it helps having a site 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 way that having affiliate links on your site does; you simply add them into your YouTube videos as well.So, which stage if you chooseTeachable and Udemy are just two review 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 the marketing yourself. Udemy includes a built-in foundation of students, but you dont need as much control and they require more of your revenue. CREATE COURSECreate a course for free: All you need check these guys out is an email address to get started.Upload your content: Seamlessly upload movies, audio, presentations, pictures, and text.Make it your own: Customize your school with your brand, colors, logos, and 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 also there is less work involved than the models discussed aboveCons: margins arent great, you dont have 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 smallest amount of work involved; you dont need 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 purchase.

He didnt store inventory, pay for goods up-front, or send a single thing himself.How to establish your own online store, step-by-step. How to find amazing products that 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 best sites to earn money with your photos is Shutterstock.

Due to its popularity and reduced barriers to entry, this site can work 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 customer who purchases 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 earth. And, clearly, 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 take a significant initial investment, so whether or not that passive income flow 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 course or a shop. And while its technically not passive in the beginning, it can be a life-changing experience and one that brings enormous riches and satisfaction.Have you tried any of those passive income ideas Id love to hear about your experience in the comments below! .