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During that time the one thing I wanted more than anything else, was a big fat epic list of all of the potential passive income flows there were.
Unfortunately no one has even until this day made a complete list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the world wide interwebs!
PS if you want to cut to the chase you can get access to 3 of my preferred passive income thoughts here or you can check out 30 of my favorite real life passive income businesses here.
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Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your own iPhone every morning available after sale after sale is madeon an ongoing basis and without any additional effort.
Because you can observe passive income streams simply come from resources, and resources are bought with money (eg rental property) or even in the event of most of the ideas below, bought through sweat (eg ebook)!
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The much loved model for bloggers and content creators everywhere and to get a good reasonits pretty simple to compose a 60-80 page ebook, not hard to sell say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to maintain a large whack of this pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt like some down and dirty affiliate commissions! Especially in the event that you understand it can be even simpler to make money in this way than using an ebook. After all, you simply need to concentrate on pumping out some content to your own site and getting the traffic in, often via Google or social websites. Unsurprisingly, the majority of people can enjoy their first affiliate sale within 30 days of starting a site. Continue reading >.
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If you told me a few years ago that this would end up being my #1 source of passive income, I'd have slapped you silly and called up the men in white coats to take you away! And thats because back then selling goods online was insanely complicated and time consuming. Pretty article source much as non-passive as a business receives. .
But now thanks to Amazon, this is not only simple, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is arguably the easiest way to produce passive income. The issue is most investments sound good in concept however dont work out so well in practice. And if you dont have much experience or access to capital, let alone the opportunity to work it all out, it can appear more or less impossible. But, there's one smart way to invest which just might work. Continue reading .
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Were talking a members-only multimedia-driven website here. And before I even dive into this idea on you, I must say right up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I really like this idea and Ive seen some great operators online pull it off beautifully. But I must confess Ive never personally earned passive income from a setup similar to this look at these guys before.
Ill be putting something together soon though as a working case study. But in the meantime, I really want to share this idea with you because it is rather fascinating. Continue reading >
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Im not talking about writing a blog on cats and inserting some Google Adsense up in there. Continue reading >
Think simple Google-friendly content site with a high converting inquiry form for capturing details (possibly even a free report attached to that or something else to boost conversion). Continue reading >
Build and SEO optimize a website for people looking to convert 8mm home videos to DVD / USB. Continue reading >
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Haha, nah apps arent that expensive to get made anymore. And if you want to produce a mainly info-based program there are plenty of easy to use programs online for DIYing this for a couple hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they include up to gain, outside of the exceptional few business operators that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >