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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 few 100 additional individuals together 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 them involve people who had a problem, couldnt find an easy solution and so decided to just get an innovative product manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest articles via an affiliate program. Continue reading >
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It's a lot more difficult to initiate a business from scratch than it is to get an existing (and successful) 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 suffer from a scarcity of available informationthe kind that is organized and simple 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 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 really all that passive, since the system requires so much support from head office; out of food distribution to leasehold into training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you much more than $1k annually in income to speak, but every dollar counts.
Well, if you get someone to look after 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, that 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 serious 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 simple to publish designs, which means just like using the stock photography thought above, 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 posts, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out plenty 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 merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
This 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 look at this website are no longer involved in the daily running of the business.
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The ordinary 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 if you created a unified guide Continue reading >
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That is different to the imitation shop thought above, since Extra resources here is not an online store were building, but instead a content-rich site with tons of product-focused posts and videos , and click here for more info matching Amazon affiliate links.