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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 additional people 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 problem, couldnt find an easy solution and decided to simply 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 articles via an affiliate application. Continue reading >
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It's much more difficult to startup a business from scratch than it is to get an existing (and successful) 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 have problems with a deficiency of information, we have problems with a lack of accessible informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it like a mofo. (I apologize for not setting a very good case for this comprehensive and organized article on all the different passive income flows around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch of funds to make and promote a product, but you need ideas for products that fill actual openings in the market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support in head office; from food distribution 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 because its not actually navigate here going to net you much greater than $1k annually in income so to speak, but hey, every dollar counts.
Well, if you get someone to look after 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 bar or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals 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 work, but can pay off big time. Its important to think beyond the box with this thought and recognize 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 with the stock photography thought previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to buy. 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 products and servicesrelated to their interests. Continue reading >
The upfront work can involve a reasonable 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 popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The idea rests on your product 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 navigate here 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 click for more in the daily running of the business.
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The average blog is like the average wardrobea complete fecking jumble, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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That is different to the imitation store idea above, since here is not an online shop were building, but instead a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.