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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 planet ). You lend state $25 to each person (you and a few 100 other individuals collectively give that person enough money for their loan). Continue reading >.
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve people 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 shop many using Shopify and spread the word through online networking, guest posts through an affiliate program. Continue reading >
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It's a lot harder to startup a business from scratch than it is to buy an existing (and effective ) business and grow it.
So why not simply stump up a couple 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 accessible informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge for it just like a mofo. (I apologize for not setting an excellent example 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 complex. I mean, Subway aint 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 place to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you far more than $1k a year in income to speak, but 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 individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal click here for info sites nearly feel antiquated these days. But people are still using them, albeit in less quantity.
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Before we jump in, a fair 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 thought and realize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means exactly like using the stock photography thought previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront work 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 popular passive income stream for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The notion rests on your own product adding a ton of value to users 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 of, as it essentially involves executing Michael Gerbers e-Myth thought 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 ordinary blog is similar to the ordinary wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified guide Continue reading >
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That is different to the imitation shop thought above, because here is not an online shop were building, but rather a content-rich check my reference website with tons of product-focused articles and videos , and matching Amazon affiliate links.