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During this period 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 past week getting loaded on strong Ethiopian espresso and compiling every different income flow 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 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 mad, eg write a quality 20,000 word blossom (insanely not passive hahahah), but then you get to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional effort.
As you can see passive income flows simply come out of assets, and resources are either bought with money (eg rental property) or in the case of most of the ideas below, purchased through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and to get a good reasonits pretty simple to compose a 60-80 page ebook, not hard to market say $500 worth a month through online networking, guest posting and your own SEO optimized site, and well you get to keep a large whack of this pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt enjoy some down and dirty affiliate fees! Particularly in the event that you realize 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 some content for your own site and getting the visitors in, often via Google or social websites. Unsurprisingly, most people can enjoy their very first affiliate sale within 30 days of starting a site. Continue reading >.
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If you told me several years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and called up image source the men in white jackets to come take you away! And thats because back then selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business receives. .
But now thanks to Amazon, this is not only simple, but it can be particularly rewarding as Ive found out. Continue reading >
Investing is arguably the simplest way to produce passive income. The problem is most investments sound great in concept but dont work out so nicely in training. And if you dont have much experience or access to capital, let alone the from this source time to work out it, it can seem more or less hopeless. But, there's one smart way to invest that 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 must say right up this is a looooot of work. 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 before.
Ill be putting something together soon though as a working case study. However, in the meantime, I truly want to discuss this thought with you since it's quite 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 easy Google-friendly content website with a top converting inquiry type for capturing information (possibly even a free report attached to this 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 create a mainly info-based program there are plenty of simple to use apps online for DIYing this to get a couple hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they include up to profit, 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 >