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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 state $25 to each person (you and a couple 100 other individuals together give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a issue, couldnt find an easy solution and decided to just 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 program. Continue reading >
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It's a lot more difficult to startup 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 >
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In todays world we dont suffer from a lack of information, we have problems with a lack of accessible informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting a very good case with this comprehensive and structured 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 supply 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 because its not actually going to net you much more than $1k a year in income so to speak, but 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 many horror stories of individuals investing in their mates pub or bar or anything, 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 serious work, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means exactly like with the stock photography thought above, 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 work can involve a reasonable 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 popular passive income stream for many WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The idea rests on your own merchandise 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 most bizarre kind of passive income I can think about, because it basically involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.
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The average blog is like the ordinary wardrobea complete home fecking mess, with golden nuggets Learn More Here of wisdom spread through 100s of articles.
How much more useful is to your reader in the Event You created a unified guide Continue reading >
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That is different to the imitation store idea above, because here is not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.