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Peer to peer lending is essentially what the name says; you chuck a bunch of cash into an online account and then divvy it up among dozens of people looking for loans around the country (or planet ). You lend say $25 to every person (you and a couple 100 additional individuals together give that person enough money for their loan). Continue reading .
If you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a issue, couldnt find an easy solution and decided to simply get an innovative merchandise 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 application. Continue reading >
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It's much more difficult to startup a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not just 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 lack of information, we have problems with a scarcity of available 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 control for it like a mofo. (I apologize for not setting a very good example with this comprehensive and organized 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 needs so much support in head office; out of food distribution to leasehold into training, mind office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not really going to net you far greater than $1k annually in income so to speak, but every dollar counts.
Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using them, albeit in less volume.
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Before we jump in, a fair word of warning this is gonna take some significant job, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography idea above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The concept is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, particularly of plugins, and it is also quite popular amongst bloggers who pump out plenty of helpful 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 customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.
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The average blog is similar to the average wardrobea complete fecking mess, with gold nuggets of knowledge spread through 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 thought above, since here is not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.