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Peer to peer lending is essentially what the name says; you throw 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 state $25 to each person (you and a few 100 other 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 individuals who had a issue, couldnt find an easy solution and decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online shop 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 harder to initiate a business from scratch than it is to buy an existing (and effective ) 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 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 just like a mofo. (I apologize for not setting an excellent example with this comprehensive and structured informative 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; out of 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 because its not really going to net you far greater than $1k annually in income to speak, but every dollar counts.
Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using themin less quantity.
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Before we jump in, a fair word of warning this is gonna take some serious work, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super simple to publish 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 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 products and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead pop over to these guys generator for prospective premium product sales.
The notion rests on your product adding a ton of value to users lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, because it basically 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 ordinary blog is similar to 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 fake shop thought above, because here its not an online shop were building, but instead a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.