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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Clearly this is not too passive and somethings might be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your cupboard ), 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 website and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online class, template or anything. You go 50-50.
I really like 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. Like David Hasselhoff on the bathroom floor, drunk and desperately trying to determine how to consume his cheeseburger desperate.
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Peer to peer lending is essentially what the name states; 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 world). You lend state $25 to each person (you and a few 100 other individuals together give that person enough money for their loan). Continue reading >.
When 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 simply 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 through an affiliate program. Continue reading >
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It's significantly more difficult 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 >
In todays world we dont have problems with a deficiency of information, we suffer from a lack of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control for it 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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If youre not super excited about risking a bunch of capital to create and sell useful reference a product, however you have thoughts for products that fill actual gaps in the market, you could become a professional inventor.
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; from food distribution to leasehold into training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not actually going to net you try here far greater than $1k annually in helpful resources income 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 people investing in their mates pub or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less volume.
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Before we jump in, a fair 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 realize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to publish 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 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 for their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also quite popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.