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Peer to peer lending is basically what the name states; you throw 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 examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve people who had a problem, 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 articles via an affiliate application. Continue reading >
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It is a lot more difficult to initiate a business from scratch than it is to get an existing (and effective ) 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 deficiency of information, we have problems with a lack of available 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 to 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 flows around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch of capital to make and sell a product, but you need thoughts for products that fill real openings in the market, you could become a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires 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 actually going to net you far more than $1k annually in income so 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 many horror stories of people investing in their mates bar 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 quantity.
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Before we jump in, a reasonable word of warning this is gonna take some significant work, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means just 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 concept is to find 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 job can involve a fair bit of programming, even if you do use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump why not check here out plenty of helpful content for free Continue (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The idea rests on your own merchandise adding a ton of value to users 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 it essentially involves executing Michael Gerbers e-Myth thought 110%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 like the average wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful is to your reader in the Event You created a unified manual Continue reading >
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This is different to the fake shop idea above, since here is not an online store were building, but rather a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.