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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 planet ). You lend state $25 to every person (you and a few 100 additional people together give that person enough money for their loan). Continue reading .
When you examine 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 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 posts through an affiliate application. Continue reading >
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It's a lot more difficult to startup a business from scratch than it is to get an existing (and successful) business and expand 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 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 pair, you can charge for it just like a mofo. (I apologize for not setting a very good case for this comprehensive and structured 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; from food distribution to leasehold to training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you far greater 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, pretty darn passive. Continue reading >
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Oh no! There are 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 nowadays. But people are still using them, albeit in less quantity.
Residual Income In Austria - Passive Residual Income Can Be Fun For Everyone
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 beyond the box with this thought and realize that any niche can work well. Continue reading >
Websites 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 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 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 lots of WordPress developers, especially of plugins, look at this website and it is also rather popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The notion rests on your own merchandise adding a ton of value to users lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, because it basically involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you're 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 articles.
Just how much more useful would it be to your reader if you created a unified guide Continue reading >
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That is different to the imitation store idea above, because here is not an online store were building, but rather a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.