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Peer to peer lending is essentially what the name says; 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 >.
If 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 just 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's a lot more difficult to startup a business from scratch than it is to buy an existing (and successful) 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 have problems with a deficiency of information, we suffer from 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 pair, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and structured 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 requires so much support from head office; from food distribution to leasehold into training, head 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 much more than $1k annually in income read more so 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 individuals investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 significant work, but can pay off big time. Its important to think beyond the box with this idea and recognize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly like using the stock photography idea previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase. 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 for their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for many WordPress developers, especially 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 great lead generator for prospective premium product sales.
The idea rests on your merchandise adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you're no longer involved useful reference in the daily running of the business.
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The average blog is like the average Continue wardrobea complete fecking mess, with golden nuggets of wisdom spread throughout 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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That is different to the imitation store thought above, since here is not an online store were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.