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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 world). You lend say $25 to every person (you and a couple 100 additional 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 them involve people who had a issue, couldnt find an easy solution and decided to simply 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 posts via an affiliate application. Continue reading >
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It is much more difficult to initiate 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 deficiency of information, we suffer from a lack of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized 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; from food distribution to leasehold to training, head office aint a passive place 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 annually in income to speak, go to this web-site 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 bar or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals are still using themin less quantity.
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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 recognize that any niche can work well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means exactly like using 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 idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income stream for many WordPress developers, especially of plugins, and is also rather 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 notion rests on your merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, important link that you're no longer involved in the daily running of the business.
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The average blog is similar to the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of articles.
How much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation shop thought above, since here its not an online shop were building, but rather a content-rich website with tons of product-focused articles and see here videos etc, and matching Amazon affiliate links.