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I hadnt really thought about this idea until I came across an online bedding shop recently. Continue reading >
Obviously this is not very passive and somethings could be a biaaaatch to deal with (i.e. anything big that doesnt fit in your cupboard ), but hey, this is only another kind of rental income and the ability to reap in rental money week after week is really cool. Continue reading .
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So the idea here is simpleyou construct the website and do the online marketing, whilst someone else generates the info merchandise, whether that's an ebook, online class, template or whatever. You go 50-50.
I really like this idea and thats why weve teamed up with an attorney friend to create some legal kits for online sale. Continue reading >
Were getting distressed with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is essentially what the name says; 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 people collectively 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 them involve individuals 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 posts via an affiliate application. Continue reading >
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It's significantly harder to initiate a business from scratch than it is to buy an existing (and effective ) 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 >
In todays world we dont suffer from a deficiency of information, we suffer from a scarcity of available informationthe kind that's check out here organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control 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 >
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In case youre not super excited about risking a bunch of capital to create and promote a product, but you need ideas for products that fill actual gaps in the market, you could turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system needs so much support from head office; out of food distribution to leasehold to training, mind office aint a passive area to be. Continue reading >
I have a peek at this website kinda hate myself for including this see this site as its not really going to net you far more than $1k annually in income so to speak, but hey, 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 anything, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But people are still using themin less volume.
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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 get the job done well. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means just like with the stock photography thought above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to purchase. Continue reading >
The idea is to find 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 stream for many WordPress developers, especially of plugins, and 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.