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'' I hadnt really thought about this idea until I came across an online bedding shop recently. Continue reading >
Clearly this is not very passive and somethings might be a biaaaatch to deal with (i.e. anything big that doesnt fit in your closet), but hey, this is just another form of rental income and the capacity to reap in rental money week after week is pretty cool. Continue reading >.
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Therefore the idea here is simpleyou construct the website and do the online marketing, whilst someone else generates the info product, whether that be an ebook, online course, template or whatever. You go 50-50.
I love this idea and weve teamed up with a lawyer friend to make some legal kits for online sale. Continue reading >
Were getting distressed with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is essentially what the name states; you throw a bunch of money 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 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, then youll notice many of these involve people who had a problem, couldnt find an easy solution and so decided to simply get an innovative product 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 application. Continue reading >
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It is significantly harder to startup a business from scratch than it is to get an existing (and successful) business and expand it.
So why not just stump up a few 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 available informationthe kind that is organized continue reading this and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control for it just 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 youre not super excited about risking a bunch of funds to create and promote a product, but you need ideas for products that fill real openings in Resources the market, you could become a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system needs so much support in head office; from food supply to leasehold into training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not actually going to net you far more than $1k annually in income to speak, but hey, every dollar counts.
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Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are so many horror stories of individuals investing in their mates pub or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals 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 significant job, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like with the stock photography thought above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to purchase. 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 to their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.