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Peer to peer lending is essentially what the name states; 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 say $25 to each person (you and a few 100 additional people together give that person enough money for their loan). Continue reading >.
If you examine 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 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 via an affiliate program. Continue reading >
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It's a lot harder to startup a business from scratch than it is to get an existing (and successful) business and grow it.
So why not simply stump up a few 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 scarcity 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 control for it like a mofo. (I apologize for not setting a very good example with this comprehensive and structured 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 from head office; out of food distribution to leasehold to training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you far more than $1k a year in income so to speak, but hey, every dollar counts.
Well, if you get someone to look after 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 bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using themin less volume.
The Facts About Residual Income In Austria - Passive Residual Income Revealed
Before we jump in, a reasonable 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 idea and recognize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea previously, 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 get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income flow for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The notion rests on your own 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 of, because it essentially involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you are no longer involved in the daily running of the Home Page business.
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The ordinary blog is similar to the ordinary wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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This is different to the fake shop idea above, since here its not an online store were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.