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Peer to peer lending is essentially what the name says; you chuck a bunch of cash into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend state $25 to every person (you and a couple 100 other people together 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, then youll notice many of them involve individuals who had a issue, couldnt find an easy solution and so decided to just 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'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 simply stump up a couple 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 lack of information, we suffer from a lack of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it just like a mofo. (I apologize for not setting an excellent 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 in head office; from food distribution 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 much greater than $1k a year in try this out income so to speak, but hey, every dollar counts.
Well, if you get someone to take care of 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 thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals are still using them, albeit in less volume.
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Before we jump in, a fair word of warning this is gonna take some significant work, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can get the job done well. 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 buy. Continue reading >
The concept is to find 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 fair 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 favorite passive income stream for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion rests on your product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, 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 golden nuggets of wisdom spread through 100s of posts.
Just how much more useful is to your reader in the Event You created a unified guide Continue reading >
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This is different to the imitation store thought above, because here is not an online shop were building, but rather a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.