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Oh no!  There are so many horror stories of individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine.  Continue reading >

Deal sites nearly feel antiquated nowadays.  But people are still using themin less volume.

Before we jump in, a fair word of warning this is gonna take some significant work, but can pay off big time.  Its important to think outside the box with this thought and realize that any niche can get the job done nicely.  Continue reading >

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Websites like Cafepress make it super simple to submit designs, which means just like using the stock photography thought above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy.  Continue reading >

The concept is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests.  Continue reading >

The upfront job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf programs.  Continue reading >

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This is a favorite passive income flow for lots of WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.

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The notion rests on your product adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations.  Continue reading >

This is the craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

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The ordinary blog is similar to the average wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of articles.

Just how much more useful is to your reader if you created a unified guide Continue reading >

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This is different to the imitation shop idea above, because here is not an online shop were building, but rather a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.

I.e. one idea is for an online store and the other for a blog/affiliate site of sorts.  Continue reading >

This is going to create millions for the ones that get it directly, but to be honest its not entirely passive.

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The example that springs to mind for this thought, so that I can really explain what Im talking about here, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of this content at no cost, and then charge for the superior stuff or for the most recent stuff.  Continue reading >

Well, because I'm OCDing throughout the joint and want to make this list uber finish to the point where we finish up with a pretty mediocre passive income idea.  Continue reading >

But nowadays, there is so much opportunity in case you hunt for brand-suitable domains and also keyword-rich or otherwise popular names on the myriad of new domain name extensions like .io, .at etc..  And I need to know, because Ive paid several domain squatters a kings ransom to purchase these look at more info kinds of domain names in the past few decades!  Continue reading .

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Some of the links in this post might be from our sponsors. Policy PageThey say that the average millionaire has seven different streams of income. Note: This doesnt mean that they have seven occupations. Most millionaires have figured out on the passive income game.By the time youre finished reading this, youll be flush with suggestions on how to begin earning residual income for yourself.According to Readers Digest, over 50 percent of Americans are immediately plagued by thoughts of work and money as soon as they open their eyes in the morning.Even while earning passive income in addition to your day job wont solve all of your lifes issues, its a fantastic place to start.

Get Cash Back for Shopping You Already Do2. Put Your Vehicle to Work for You3. Open a high-yield savings account4. Rent a room in your house5. Invest in crowdfunded actual estate6. Purchase your initial investment property7. Invest in dividend paying stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Start a YouTube Channel13. Create and market an online course14. Build an e-commerce site15. Sell Your Photos OnlineHow to Pick the Best Passive Income Stream for YouWhat is Passive IncomeAt its most basic definition, passive income, also known as residual income, is money you earn while you're not working. You might be sleeping, on the beach drinking margaritas, or simply relaxing.

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