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Peer to peer lending is essentially 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 planet ). You lend say $25 to each person (you and a few 100 other people collectively 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 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 posts through an affiliate program. Continue reading >
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It's much 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 have problems with a lack of information, we have problems with a scarcity of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it like a mofo. (I apologize for not setting a very good example for this comprehensive and organized article on all the different passive income flows around;-RRB-. Continue reading >
If youre not super excited about risking a bunch of funds to make and sell a product, however you have ideas 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 really all that passive, since the system requires so much support from head office; from 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 a year 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 whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using themin 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 get the job done nicely. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means just like with the stock photography thought previously, you can pump out 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 articles, 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 if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income flow 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 great lead generator for future premium merchandise Continue sales.
The idea rests on your own product adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here visit is the craziest kind of passive income I can think about, as it basically involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you're no longer involved in the daily running of my sources the business.
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The average blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread throughout 100s of articles.
How much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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This is different to the fake store idea above, since here is not an online store were building, but rather a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.