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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 few 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, youll notice many of them involve individuals who had a problem, couldnt find an easy solution and so decided to simply 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 a lot harder to initiate a business from scratch than it is to get 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 scarcity of accessible 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 charge to it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized informative article on all the different passive income streams around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch click for info of funds to create and sell a product, however you have thoughts for products that fill actual openings in the 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; out of food supply to leasehold to 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 actually going to net you much more than $1k a year in income 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 individuals investing in their mates bar or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people 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 job, 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 >
Websites like Cafepress make it super simple to publish designs, which means exactly 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 merchandise 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 favorite passive income flow for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The idea rests on your product adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think about, because it essentially involves executing Michael Gerbers e-Myth thought 110 percent 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 average wardrobea complete fecking mess, with gold nuggets of wisdom spread throughout 100s of articles.
How much more useful is to your reader in the Event You created a unified manual Continue reading >
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That is different to the imitation shop idea above, because here its not an online store were building, but instead a content-rich website with tons of product-focused posts and go to website videos etc, and matching Amazon affiliate links.