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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 world). You lend state $25 to each person (you and a couple 100 other people 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 product manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest posts via an affiliate application. Continue reading >
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It's much harder to initiate a business from scratch than it is to buy an existing (and effective ) business and expand 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 have problems with a deficiency of information, we have problems with a lack of accessible 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 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 flows 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; from food supply 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 because its not really going to net you far greater than $1k annually in income so to speak, but hey, 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 anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using them, albeit in less volume.
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Before we jump in, a reasonable word of warning this is gonna take some significant job, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea above, 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 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 job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive discover this info here income stream for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.
The notion rests on your own merchandise adding a ton of value to customers lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, because 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 ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom spread through 100s of posts.
How much more useful is to your reader if you created a unified guide Continue reading >
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That is different to the imitation store idea above, because here is not an online shop were building, but instead a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.