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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Obviously this is not too passive and somethings might be a biaaaatch to deal with (i.e. anything large that doesnt fit in your closet), but hey, this is just another kind of rental income and the ability to reap in rental money week after week is really cool. Continue reading >.
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Therefore the idea here is simpleyou construct the site and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online course, template or whatever. You move 50-50.
I really like this idea and thats why weve teamed up with an attorney friend to make some legal kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to determine how to eat his cheeseburger desperate.
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Peer to peer lending is basically what the name says; you chuck a bunch of cash into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend say $25 to each person (you and a few 100 additional individuals collectively give that person enough money for their loan). Continue reading .
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a issue, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest posts through an affiliate application. Continue reading >
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It is significantly more difficult to startup a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not just stump up a couple thousand and then have a cash-generating machine in your hands Continue reading >
In todays world we dont suffer from a deficiency of information, we have problems with a lack of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it like a mofo. (I apologize for not setting a very good case with this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
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In case original site youre not super excited about risking a bunch of capital to create and sell a product, but you have thoughts for products that fill real openings in the market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support from head office; out of food distribution to leasehold to training, head office aint a passive place to be. Continue reading >
I kinda hate my explanation myself for including this as its not actually going to net you far webpage greater than $1k annually in income so to speak, but hey, every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are so many horror stories of individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals are still using themin less quantity.
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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 idea and recognize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means exactly like using 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 buy. 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 products and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do use a whole lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for lots of WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.