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During that time the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income streams there were.
Unfortunately no one has even till this day made a complete list. I spent the last week getting wealthy 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 own iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional work.
Because you can see passive income flows simply come from resources, and resources are bought with money (eg rental property) or in the event of most of the ideas below, purchased through sweat (eg ebook)!
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The much adored model for bloggers and content creators everywhere and check my site to get a good reasonits pretty simple to write a 60-80 page ebook, not difficult to market say $500 worth 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 if you hop over to here understand it can be even easier to make money in this way than using an ebook. After all, you merely need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or societal media. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a site. 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 up the men in white coats 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 easy, but it can be extremely rewarding as Ive found out. Continue reading >
Investing is possibly the easiest way to make passive income. The problem is most investments sound great in theory but dont work out so well in practice. And if you dont have much experience or access to funding, let alone the opportunity to work out it, it can seem more or less hopeless. But, there's one smart 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 job. Ive done it and it nearly killed me. Continue reading >
I really like this try this site 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. But in the meantime, I truly want to discuss this idea with you because it is quite 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 simple Google-friendly content website with a high converting inquiry form for capturing information (maybe even a free report attached to this or something else to improve 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 if 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 crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >