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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 too passive and somethings could be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your closet), but this is just another form of rental income and the capacity 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 site and do the online marketing, whilst someone else creates the info merchandise, whether that be an ebook, online class, template or anything. You move 50-50.
I love 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. Like David Hasselhoff on the restroom floor, drunk and desperately trying to determine how to eat his cheeseburger desperate.
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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 planet ). You lend state $25 to each person (you and a couple 100 other people 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, then youll notice many of them involve people who had a problem, couldnt find an easy solution and decided to simply 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 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 lack of information, we have problems with a scarcity of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge for it like a mofo. (I apologize for not setting a very good example for this comprehensive and structured informative 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 funds to make and sell a product, however you need thoughts for products that fill actual gaps in the market, you could become a professional inventor.
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support in head office; out of food supply to leasehold to training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far more than $1k a year moved here in income so to speak, but every dollar counts.
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Well, if you get someone to look after the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are so many horror stories of people investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using themin less volume.
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Before we jump in, a reasonable 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 thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like using the stock photography thought previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. 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 products and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a whole lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out lots of helpful try these out content for free (eg Steve Pavlina) next not to mention a great lead generator for prospective premium product sales.