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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Obviously this is not very passive and somethings could be a biaaaatch to deal with (i.e. anything large that doesnt fit in your cupboard ), but hey, this is only another kind of rental income and the ability to benefit in rental money week after week is pretty cool. Continue reading >.
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So the idea here is simpleyou build the site and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online course, template or whatever. You move 50-50.
I really like this idea and weve teamed up with an attorney friend to make 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 eat his cheeseburger desperate.
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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 each person (you and a few 100 other individuals collectively give that person enough money for their loan). Continue reading .
When you examine 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 decided to simply get an innovative product 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 application. Continue reading >
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It's much harder to startup browse around here a business from scratch than it is to buy an existing (and effective ) business and grow 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 lack of information, we have problems with address a lack of available 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 an excellent example with 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 funds to make and sell a product, but you need ideas for products that fill real openings in the current market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support in head office; out of food supply to leasehold into training, head office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far more than $1k a year in income to speak, but every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are many horror stories of individuals investing in their mates pub or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using them, albeit in less quantity.
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Before we jump in, a fair 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 >
Websites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography idea above, 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 job can involve a reasonable bit of programming, even should you use a whole lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for many WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.