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Peer to peer lending is basically 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 planet ). You lend state $25 to each person (you and a couple 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 these 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 set up 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 a lot harder to startup a business from scratch than it is to get an existing (and effective ) 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 >
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In todays world we dont suffer from a lack of information, we suffer from a scarcity of available 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 for it just like a mofo. (I apologize for not setting an excellent case with this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint all that passive, since the system needs so much support from head office; out of food distribution 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 much greater than $1k a year in income to speak, but every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
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Oh no! There are many horror stories of individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using them, albeit in less volume.
Not known Details About Residual Income In Austria
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 idea and realize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means just like using the stock photography idea above, you can pump out 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 articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The idea rests on your own merchandise adding a ton of value to users lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth idea 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 like the ordinary wardrobea complete fecking jumble, with gold nuggets of knowledge spread throughout 100s of posts.
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 fake Home Page shop idea above, because here its not an online store were building, but instead a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.