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Peer to peer lending is essentially what the name says; you throw 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 state $25 to each person (you and a couple 100 other people collectively 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 these involve individuals who had a problem, couldnt find an easy solution and decided to simply 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 through an affiliate application. Continue reading >
Residual Income In Austria - Passive Residual Income - An Overview
It is a lot more difficult to initiate 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 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 pair, you can control to it like a mofo. (I apologize for not setting a very good case for 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 really all that passive, since the system requires 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 as its not really 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 take care of 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 bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals are still using themin less volume.
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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 outside the box with this idea and realize 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 using the stock photography idea 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 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 to their interests. Continue reading >
The upfront work can involve a fair 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 flow for lots of WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The idea rests on your own 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 most bizarre kind of passive income I can think about, because it basically involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that this article you are no longer involved in the daily running of the business.
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The average blog is similar to the average wardrobea complete fecking mess, with gold nuggets of knowledge spread throughout 100s of posts.
How much more useful would it be to your reader if you created a unified guide Continue reading >
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That is different to the fake shop thought above, Website because here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.