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Peer to peer lending is essentially what the name states; you throw a bunch of cash 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 couple 100 additional individuals together 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 these involve people who had a problem, couldnt find an easy solution and so decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup 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 is a lot harder to initiate 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 >
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In todays world we dont have problems with a deficiency of information, we suffer from a scarcity of accessible 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 charge to 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 >
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support in head office; from food supply to leasehold into training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you much more than $1k annually 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 many horror stories of people investing in their mates pub or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less quantity.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The idea 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 job can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income flow for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers who pump out plenty of Our site useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.
The idea rests on your own product adding a ton of value to customers lives and you also systematically and nicely / in a fun manner, 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%i.e. so much so, that you're no longer involved in the daily running of the business.
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The average blog is similar to the average wardrobea complete fecking mess, with gold nuggets of knowledge spread throughout 100s of articles.
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, since here is not an online store were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.