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During this time the one thing I wanted more than anything else, was a large fat epic record of all of the possible passive income flows there were.
Unfortunately no one has even till this day made a complete list. So I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income stream from my mind, 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 right 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 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 own iPhone weblink each morning available after sale after sale is madeon an ongoing basis and without any additional work.
As you can see passive income flows simply come out of resources, and resources are either bought with money (eg rental property) or in the event of almost all of the ideas under, bought through perspiration (eg ebook)!
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The much loved model for bloggers and content creators everywhere and to get a fantastic reasonits pretty easy 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 site, and well you get to keep 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 understand it can be even easier to make money in this way than with an ebook. In the end, you simply need to concentrate on pumping out some content to your own site and getting the visitors in, often via Google or societal media. Unsurprisingly, most people can enjoy their very first affiliate sale within 30 days of starting a blog. Continue reading >.
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If you told me several years ago that this would end up being my #1 source of passive income, I'd have slapped you silly and called the men in white jackets to come take you away! And because back then selling products 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 easy, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is possibly the easiest way to make passive income. explanation The issue is most investments sound great in concept but dont work out so well in training. And if you dont have much experience or access have a peek at these guys to funding, let alone the time to work out it, it can appear more or less hopeless. However, there is one smart way to invest that just may work. Continue reading .
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Were talking a members-only multimedia-driven website here. And before I even dive into this thought on you, I have to say right up this is a looooot of work. 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 by 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 idea with you since it's rather fascinating. Continue reading >
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Im not talking about writing a site on cats and inserting some Google Adsense upward 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 >
Construct 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 should you want to create 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 profit, outside of the exceptional few business operators that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >