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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 planet ). You lend say $25 to every person (you and a few 100 other people collectively 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 merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It is a lot harder to startup a business from scratch than it is to get 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 >
Residual Income In Austria - Passive Residual Income Can Be Fun For Anyone
In todays world we dont suffer from a deficiency of information, we suffer from a scarcity of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized informative 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 requires so much support from head office; out of food supply to leasehold to training, mind office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you much greater than $1k a year in income so to speak, but hey, every dollar counts.
Well, if you get someone to look after the fulfillment side of things, pretty darn passive. Continue reading >
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Oh no! There are so many horror stories of individuals investing in their mates pub or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using them, albeit in less volume.
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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 beyond the box with this thought and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea above, 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 get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair 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 favorite passive income stream for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The notion rests on your own product adding a ton of value to customers 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 thought 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 gold nuggets of knowledge spread throughout 100s of posts.
How much more useful is to your reader in the Event You created a unified manual Continue reading >
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This is different to the fake shop thought above, because here its not an online store were building, but instead a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.