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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 couple 100 other people collectively give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of them involve people who had a problem, couldnt find an easy solution and decided to just 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 is much more difficult 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 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 lack of information, we have problems with a lack 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 control for it like a mofo. (I apologize for not setting an excellent example for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
If youre not super excited about risking a bunch you can check here of funds to make and sell a product, but you have thoughts for products that find more info fill real gaps in the current market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; from food distribution 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 as its not really going to net you much more than $1k a year 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, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. visit this page 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 nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly like with the stock photography thought previously, you can pump 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 posts, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion rests on your product adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here 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 are no longer involved in the daily running of the business.
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The average blog is like the ordinary wardrobea complete fecking mess, with gold nuggets of knowledge spread through 100s of posts.
Just how much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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That is different to the imitation store idea above, since here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.