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Peer to peer lending is basically 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 say $25 to each person (you and a couple 100 other people collectively give that person enough money for their loan). Continue reading >.
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of them involve people who had a issue, 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 articles through an affiliate program. Continue reading >
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It is much more difficult to startup a business from scratch than it is to get an existing (and successful) business and expand it.
So why not simply 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 lack of available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just like a mofo. (I apologize for not setting a very good example for this comprehensive and organized informative article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system requires so much support from head office; from food supply to leasehold into training, mind office aint a passive place 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 annually in income so 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 individuals investing in their mates pub or bar or anything, that the idea 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 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 well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means just like with the stock photography idea previously, you can pump 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 merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The idea rests on your own product adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth idea YOURURL.com 110%i.e. click for more info so much so, that you're no longer involved in the daily running of the business.
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The ordinary blog is like the ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom 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 its not an online shop were building, but rather a content-rich site with tons of product-focused posts and check my reference videos etc, and matching Amazon affiliate links.