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Peer to peer lending is basically what the name says; you throw 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 state $25 to each person (you and a couple 100 other 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 these involve people who had a issue, couldnt find an easy solution and so 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 articles 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 expand it.
So why not just 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 lack of available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support in head office; from food supply 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 much more than $1k a year in income to speak, but hey, every dollar counts.
Well, if you get someone to look after the fulfillment side of things, pretty 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 whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less quantity.
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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 thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to publish 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 purchase. 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 merchandise and servicesrelated to their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do use a lot 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, particularly of plugins, and it is also quite 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 product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth idea 110 percent 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 ordinary find out wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of articles.
Just how much more useful is to your reader if you created a unified manual Continue reading >
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That is different to the fake shop thought above, since here is not an online shop were building, but rather a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.