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'' I hadnt really thought about this idea until I came across an online bedding shop recently. Continue reading >
Clearly this is not too passive and somethings might be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your closet), but hey, this is only another kind of rental income and the capacity to benefit in rental money week after week is really 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 merchandise, whether that's an ebook, online course, 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. 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 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 few 100 additional individuals collectively give that person enough money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve people who had a issue, couldnt find an easy solution and decided to just get an innovative merchandise 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 startup a business from scratch than it is to buy an existing (and successful) 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 have problems with a lack of information, we have problems with a lack of accessible 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 to it like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
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If youre not super excited about risking a bunch of funds to make and promote a product, company website but you have ideas for products that fill real gaps in the market, see post you could become a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support from head office; from food distribution to leasehold to training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far more than $1k annually in income so 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 many horror stories of individuals investing in their mates pub or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 significant work, 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 with the stock photography idea previously, you can pump out 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 merchandise and servicesrelated for their interests. Continue reading >
The upfront job 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 favorite passive income stream for lots of WordPress developers, especially of plugins, and useful reference 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 merchandise sales.