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Peer to peer lending is basically 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 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, then youll notice many of these involve people 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 store many using Shopify and spread the word through online networking, guest articles 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 get an existing (and successful) business and grow it.
So why not just stump up a few 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 deficiency of information, we suffer from a lack of accessible 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 charge 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 flows around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system requires so much support in head office; from food supply to leasehold to training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you far more than $1k a year in income so to speak, but every dollar counts.
Well, if you get someone to look after 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 whatever, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. 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 significant work, but can pay off big time. Its important to think outside the box with this idea and recognize that any niche can work well. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means exactly like with 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 buy. Continue reading >
The concept is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront job can involve a fair 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 is also quite popular try this web-site amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead look at this website generator for future premium merchandise sales.
The notion rests on your merchandise adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you are no longer involved in the daily running click for info of the business.
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The ordinary blog is similar to the average wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of posts.
How much more useful would it be to your reader if 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.