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I think that getting the visitors to a site is a lot tougher than getting perspectives on You Tube these days, since the text-based content universe is really freaking full (and therefore mad competitive), whilst the video universe is relatively empty since most individuals are too bashful to turn their prose into movie. Continue reading >.
These are just two examples of the kinds of things you can pay to businesses (or people) in the actual world. Continue reading >
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With this idea instead, you write like a freaking nutjob and distribute your content into one of dozens of top page rank content publishing platforms. Continue reading >
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Whatever it is, from WordPress themes to online productivity tools into some very industry-specific thing such as an online billing service for contractors, this could cause you to get serious coin.
Evidently, you can receive all the heavy lifting done by professionals, and then you simply sell the software online yourself through your own marketing campaigns. Continue reading >
Now I know Amazon pays sweet F all (say 4-6.5% on a novel that sells for $10-$30), but a buck here and there can add upmaybe. Continue reading >
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This is a really interesting thought for those of you who think your own online shop (where you take payment and liaise with the supplier) or fulfilling orders is too hard.
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Obviously this is not too passive and somethings might be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your cupboard ), but this is just another kind of rental income and the ability to reap in rental money week after week is really cool. Continue reading >.
Therefore the idea here is simpleyou construct the site and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online class, template or anything. You go 50-50.
I really like this idea and thats why weve teamed up with a lawyer friend to create some legal kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to determine how to eat his cheeseburger desperate.
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Peer to peer lending is essentially what the name states; 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 say $25 to every person (you and a couple 100 other individuals together give that person enough money for their loan). Continue reading .
If you look at the success stories on Tim Ferriss 4 Hour here 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 setup a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It's significantly harder to startup a business from scratch than it is to get an existing (and effective ) business and grow it.
So why not simply stump up a couple thousand and then have a cash-generating machine in your hands Continue reading >
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In todays world we dont have problems with a deficiency of information, we have problems with a scarcity of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting an excellent example for this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
If youre not super excited about risking a bunch of capital to create and promote a product, however you need thoughts for products that fill real gaps in the current market, you could become a professional inventor.
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I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support in head office; out of food supply to leasehold into training, head office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not actually going to net you much more than $1k annually in income so to speak, but every dollar counts.