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Peer to peer lending is basically what the name says; 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 few 100 other individuals together give that person enough money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts through an affiliate program. 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 successful) 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 >
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In todays world we dont have problems with a deficiency of information, we suffer from a scarcity 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 charge to it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized informative 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 requires so much support in head office; out of 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 as its not really going to net you far greater than $1k annually in income 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, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. 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 job, but can pay off big time. Its important to think outside the box with this idea and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly 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 find 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 reasonable bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
The Best Strategy To Use For Residual Income In Austria - Passive Residual Income
This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also quite popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The notion rests on your product adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth idea 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 similar to the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread throughout 100s of posts.
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 fake shop idea above, because here is not an online store were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.