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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 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 kind of rental income and the capacity to benefit in rental money week after week is pretty cool. Continue reading .
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So the idea here is simpleyou construct the site and do the online marketing, whilst someone else generates the info product, whether that be an ebook, online course, template or anything. You move 50-50.
I really like this idea and 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 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 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 additional 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, youll notice many of them involve people who had a issue, couldnt find an easy solution and so decided to just 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 is significantly more difficult to startup a business from scratch than it is to get an existing (and successful) business and grow 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 have problems with a lack of information, we have problems with a scarcity 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 charge to it like a mofo. (I apologize for not setting a very good example for this comprehensive and organized article on all the different passive income flows around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of capital to create and sell a product, but you need thoughts for products that fill real gaps in the current market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system requires so much support from head office; out of food supply to leasehold into training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you far more than $1k annually in 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, rather darn passive. Continue reading >
Oh no! There are so many horror stories of individuals investing in their mates bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites his response nearly feel antiquated nowadays. But people 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 job, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit 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 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 to their interests. Continue reading >
The upfront work 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 favorite passive income stream for lots of WordPress developers, particularly of plugins, and is their website also rather popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead click to read more generator for prospective premium product sales.