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'' I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Clearly this is not too passive and somethings could be a biaaaatch to deal with (i.e. anything large that doesnt fit in your closet), but this is just another form of rental income and the capacity to benefit in rental money week after week is pretty cool. Continue reading >.
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Therefore the idea here is simpleyou construct the site 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 desperate with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to figure out how to eat his cheeseburger desperate.
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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 planet ). You lend say $25 to each person (you and a couple 100 other individuals collectively 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, youll notice many of these involve individuals who had a problem, couldnt find an easy solution and decided to just 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 via an affiliate application. Continue reading >
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It's much harder to initiate a business from scratch than it is to buy an existing (and successful) 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 >
In todays world we dont have problems with a deficiency of information, we suffer from a lack of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control 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 streams around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of funds to make and sell a product, but you have thoughts for products that fill actual openings in the current market, you could read what he said turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support in head office; out of food supply to leasehold to training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far greater than $1k a year in income so to speak, but every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
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 he has a good point days. But individuals are still using themin less volume.
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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 thought and realize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like using the stock photography thought previously, 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 get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a whole lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income flow for lots of site link WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.