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Peer to peer lending is essentially what the name states; you chuck a bunch of money into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend state $25 to each person (you and a few 100 other people collectively give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a issue, couldnt find an easy solution and so decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It is a lot harder to initiate a business from scratch than it is to get an existing (and successful) business and grow it.
So why not simply stump up a few thousand and then have a cash-generating machine in your hands Continue reading >
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In todays world we dont suffer from a deficiency of information, we suffer from a scarcity of accessible informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it like a mofo. (I apologize for not setting a very good case for this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system requires so much support from head office; from food supply to leasehold into training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you far more than $1k annually in income to speak, but hey, every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are many horror stories of people investing in their mates bar or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But people are still using themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase. Continue reading >
The idea is to get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for lots of WordPress developers, especially of plugins, and is also Residual Income In Austria - Passive Residual Income rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The notion rests on your product adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.
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The average blog is similar to the ordinary wardrobea complete fecking mess, with golden nuggets of wisdom spread throughout 100s of posts.
How much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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That is different to the fake shop idea above, since here is not an online store were building, but instead a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.