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Peer to peer lending is essentially what the name states; 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 say $25 to each person (you and a few 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, then youll notice many of these involve people who had a issue, couldnt find an easy solution and decided to just get an innovative product manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It's a lot harder to startup 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 have problems with 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 charge to it just like a mofo. (I apologize for not setting an excellent example for this comprehensive and organized article on all the different passive income flows around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support from head office; from food distribution to leasehold into training, mind office aint a passive area to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you much more than $1k a year in income dig this 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 so many horror stories of people investing in their mates pub or bar or whatever, 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 outside the box with this thought and realize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly like using the stock photography idea previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase. Continue reading >
The idea is to find 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 good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, especially of plugins, and 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 merchandise 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 >
This is the craziest kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth idea 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 like the average wardrobea complete fecking mess, with gold nuggets of wisdom spread throughout 100s of posts.
Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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That is different to the fake store idea above, because here is not an online Residual Income In Austria shop were building, but instead a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.