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Peer to peer lending is essentially what the name says; you throw a bunch of cash 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 couple 100 other individuals 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 individuals who had a issue, couldnt find an easy solution and 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 program. Continue reading >
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It's much harder to initiate 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 deficiency of 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 set, you can control for it just like a mofo. (I apologize for not setting a very good example for 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 really all that passive, since the system needs so much support from head office; from food supply to leasehold to training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you far more than $1k a year in income to speak, but 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 so many horror stories of people investing in their mates bar or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. 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 job, but can pay off big time. Its important to think outside the box with this thought and realize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super simple 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 articles, and then sell them all kinds of merchandise and servicesrelated for 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 favorite passive income stream for many WordPress developers, her latest blog particularly of plugins, and is also quite popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion rests on your merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, because it essentially Resources involves executing Michael Gerbers e-Myth idea view website 110%i.e. so much so, that you are no longer involved in the daily running of the business.
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The average blog is similar to the ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom spread throughout 100s of posts.
Just how much more useful is to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation store idea above, since here its not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.