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During this time the one thing I wanted more than anything else, was a big fat epic record of all of the potential passive income flows there were.
Unfortunately no one has even till this afternoon made an entire list. So I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income stream from my mind, my notes and the net interwebs!
PS if you want to cut to the chase you can get access to 3 of my favorite 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 write a quality 20,000 word ebook (insanely not passive hahahah), but then you get 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 out of assets, and resources are bought with money (eg rental property) or even in the case of most of the ideas below, purchased through perspiration (eg ebook)!
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The much adored model for bloggers and content creators everywhere and to get a fantastic reasonits pretty easy to compose 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. go to my site Hells yeah! Continue reading .
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If you told me several years back 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 thats because back then selling products online was insanely complicated and time consuming. Pretty much as non-passive as a business receives. .
Investing is possibly the over at this website simplest way to make passive income. The problem is most investments sound great in theory but dont work out so nicely in training. And if you dont have much experience or access to funding, let alone the time to work it all out, it can seem more or less look what i found hopeless. But, there is one clever way to invest which just may work. Continue reading .
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Were talking a members-only multimedia-driven website . 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 >
Ill be putting something together soon though as a working case study. But in the meantime, I really want to share this thought with you because it is quite 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 easy Google-friendly content website with a top converting inquiry form for capturing information (possibly even a free report attached to that or something else to improve conversion). Continue reading >
Construct and SEO optimize a website for people looking to convert 8mm home movies to DVD / USB. Continue reading >
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Haha, nah apps arent that expensive to get made anymore. And if you want to create a mainly info-based program there are plenty of easy to use apps online for DIYing this for 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, apart from the exceptional few business operators that are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >