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Peer to peer lending is essentially what the name says; 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 world). You lend state $25 to each person (you and a couple 100 other individuals together give that person enough money for their loan). Continue reading .
When 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 issue, 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 via an affiliate program. Continue reading >
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It's much harder to initiate a business from scratch than it is to get an existing (and successful) 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 suffer from a lack of information, we suffer from a lack of available informationthe kind that's organized 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 an excellent example with this comprehensive and structured article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support from head office; from food supply to leasehold to 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 really going to net you much greater 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, rather darn passive. Continue reading >
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Oh no! There are so many horror stories of individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using them, albeit in 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 outside the box with this thought and recognize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography idea 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 concept is to get 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 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 rather popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead 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 manner, asking for donations. Continue reading >
This is the craziest kind of passive income I can think about, because it essentially involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that Learn More Here you are no longer involved in the daily running of the business.
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The average blog is like the average wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of posts.
Just how much more useful is to your reader in the Event You created a unified guide Continue reading >
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That is different to the imitation shop thought above, because here is not an online store were building, but rather a content-rich site with tons of check my blog product-focused articles and videos , and matching Amazon affiliate links.