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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 this is just another kind of rental income and the capacity to reap in rental money week after week is pretty cool. Continue reading .
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Therefore the idea here is simpleyou build the site and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online class, template or anything. You move 50-50.
I love this idea and weve teamed up with a lawyer friend to make some valid kits for online sale. Continue reading >
Were getting distressed with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to determine how to consume his cheeseburger desperate.
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Peer to peer lending is basically 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 world). 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 examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a problem, couldnt find an easy solution and so go right here decided to just get an innovative product manufactured themselves.
Theyve then gone and setup 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's 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 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 have problems with a lack of available informationthe check out this site kind that is 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 with this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
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In case site youre not super excited about risking a bunch of funds to make and sell a product, but you have ideas for products that fill real gaps in the current market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system requires so much support in head office; out of food distribution to leasehold into training, head office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not really going to net you far greater than $1k annually in income so to speak, but hey, every dollar counts.
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Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are so many horror stories of people investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people 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 beyond the box with this idea and recognize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought above, you can pump out 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 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 stream for lots of WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.