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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 might be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your closet), but this is only another form of rental income and the ability 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 website and do the online marketing, whilst someone else creates the info product, whether that be an ebook, online class, template or anything. You go 50-50.
I love this idea and 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 restroom floor, drunk and desperately trying to figure out 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 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 few 100 additional individuals 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, youll notice many of them involve individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts through an affiliate program. Continue reading >
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It is significantly more difficult to initiate a business from scratch than it is to buy an existing (and effective ) 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 >
In todays world we dont suffer from a lack of you can try this out information, we suffer from a lack of accessible 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 like a mofo. (I apologize for not setting an excellent case with this comprehensive and structured article on all the different passive income flows around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch index of capital to make and sell a product, but you have ideas for products that fill real gaps in the current 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 requires so much support in head office; out of food distribution to leasehold to training, head office aint a passive area to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you far more than $1k a year in income to speak, but hey, 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 individuals investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 serious work, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography idea 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 get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to 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 applications. Continue reading >
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This is a helpful hints popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.