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Peer to peer lending is basically what the name says; 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 world). You lend say $25 to each person (you and a few 100 additional people collectively give that person enough money for their loan). Continue reading .
If you look at 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 just get an innovative product 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 is a lot more difficult to initiate a business from scratch than it is to get an existing (and successful) business and expand 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 lack of information, we have problems with 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 like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured 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 needs so much support from 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 going to net you far greater than $1k a year in income to speak, but hey, 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 pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel Residual Income In Austria - Passive Residual Income antiquated these days. But people are still using them, albeit in less quantity.
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Before we jump in, a reasonable 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 well. Continue reading >
Sites like Cafepress make it super easy to publish 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 idea is to find a bunch of people involved, creating content through forums and posts, 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 favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The notion rests on your merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think about, as it basically involves executing Michael Gerbers e-Myth idea 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 average wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s of articles.
How much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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This is different to the fake shop thought above, since here its not an online store were building, but instead a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.