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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 big that doesnt fit in your closet), but this is just another form of rental income and the capacity to benefit 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 creates the info merchandise, whether that be an ebook, online class, template or whatever. You go 50-50.
I really like this idea and thats why weve teamed up with a lawyer friend to make some legal kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is essentially what the name states; 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 say $25 to each person (you and a couple 100 additional people together 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 people who had a problem, couldnt find an easy solution and so decided to just get an innovative product manufactured themselves.
Theyve then gone and set up a simple online shop 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 initiate a business from scratch than it is get redirected here to buy an existing (and effective ) business and expand it.
So why not simply 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 suffer from a scarcity of available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized 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, but you have thoughts for products that fill real openings in the current market, you could turn into 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 distribution to leasehold into 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 in income so to speak, but my review here hey, every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are many horror stories of people investing in their mates bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. click to find out more But individuals are still using themin less quantity.
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Before we jump in, a fair word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography idea above, you can pump 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 posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do 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, 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 fantastic lead generator for future premium merchandise sales.