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During that period that the one thing I wanted more than anything else, was a large fat epic record of ALL the potential passive income flows there were.
Unfortunately no one has even until this afternoon made an entire list. I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income stream 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 beloved real-life passive income businesses here.
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Ie first you need to haul ass and do something crazy, eg compose 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 iPhone each morning as sale 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 in the case of almost all of the ideas below, purchased through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and for a good reasonits pretty simple to write a 60-80 page ebook, not difficult 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 the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt enjoy some down and dirty affiliate fees! Especially in the event that you realize it can be even simpler to make money in this way my site than with an ebook. In the Our site end, you merely need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or societal media. Unsurprisingly, the majority of people can enjoy their first affiliate sale within 30 days of starting a blog. Continue reading .
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If you told me a few years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and called the men in white coats to take you away! And because back then selling goods online was insanely complex and time consuming. Pretty much as non-passive as a business gets. .
But now thanks to Amazon, this is not only simple, but it can be extremely lucrative as Ive found out. Continue reading >
Investing is possibly the easiest way to make 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 click over here now access to funding, let alone the time to work out it, it can seem more or less hopeless. But, there's one clever way to invest that 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 with you, I have to say right up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I love this idea and Ive seen some fantastic operators online pull it off superbly. But I must confess Ive never personally earned passive income from a setup like this before.
Ill be putting something together soon though as a working case study. But in the meantime, I truly want to discuss this thought 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 upward in there. Continue reading >
Think easy Google-friendly content website with a top converting inquiry form for capturing details (maybe even a free report attached to this or something else to boost conversion). Continue reading >
Construct and SEO optimize a web site 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 should you want to produce a mainly info-based app there are plenty of simple to use apps online for DIYing this to get a few hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they add up to gain, outside of the exceptional few business operators who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >