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Peer to peer lending is essentially what the name states; 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 world). You lend state $25 to every person (you and a few 100 additional individuals collectively 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, then youll notice many of these involve individuals who had a issue, couldnt find an easy solution and so decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It's a lot more difficult to initiate a business from scratch than it is to buy an existing (and effective ) 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 suffer from a lack of information, we have problems with a lack of accessible 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 with this comprehensive and organized 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 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 >
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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 so to speak, but hey, every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are so 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 nearly feel antiquated nowadays. But people are still using themin less volume.
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Before we jump in, a reasonable 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 >
Websites like Cafepress make it super easy to publish designs, which means exactly like using 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 get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair 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 favorite passive income stream for lots of WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The notion rests on your own product adding a ton of value to users 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 basically involves executing Michael Clicking Here Gerbers e-Myth find more thought 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 ordinary blog is similar to the average wardrobea complete fecking jumble, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful is to your reader if you created a unified guide Continue reading >
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That is different to the imitation shop idea above, since here its not an online store were building, but instead a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.