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Peer to peer lending is essentially what the name states; you throw 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 every person (you and a couple 100 other people collectively give that person enough money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve individuals who had a issue, couldnt find an easy solution and decided to just get an innovative product manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate application. Continue reading >
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It is a lot more difficult to startup a business from scratch than it is to buy an existing (and effective ) business and expand 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 deficiency 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 a very good case with this comprehensive and organized 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 requires so much support from head office; out of food distribution to leasehold to training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this as its not my blog really going to net you much 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, pretty darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates bar or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin 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 realize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means exactly like with 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 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 merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do 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 pop over here WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.
The idea rests on your product adding a ton of value to customers lives and you 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 click for more info it essentially 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 ordinary blog is similar to the ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom spread throughout 100s of articles.
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 store idea above, since here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.