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

Deal sites almost feel antiquated these days.  But people are still using themin less quantity.

Before we jump in, a reasonable word of warning this is gonna take some serious 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 well.  Continue reading >

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Websites like Cafepress make it super simple to submit designs, which means just like using the stock photography idea previously, you can pump out 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 applications.  Continue reading >

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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.

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

Here is the most bizarre kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you're no longer involved in the daily running of the business.

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The average blog is like the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s of posts.

How much more useful is to your reader in the Event You created a unified manual Continue reading >

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

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

This really is going to create millions for those that get it right, 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 explain what Im talking about here, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of the content for free, and then charge for the superior material or for the latest stuff.  Continue reading >

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

But nowadays, there is so much opportunity if you hunt for brand-suitable domains and also keyword-rich or otherwise popular names on the multitude of new domain name extensions such as .io, .at etc..  And I should know, because Ive paid several domain squatters a kings ransom to purchase these sorts of domain names in the past couple of years!  Continue reading >.

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Some of the links in this post may be from our sponsors. Policy PageThey say that the average millionaire has seven different streams of income. Note: That doesnt mean that they have seven jobs. Most millionaires have figured out on the passive income game.By the time youre finished reading this, youll be flush with ideas on how best 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 though 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. my latest blog post Open a high-yield savings account4. Rent a room in your house5. Invest in crowdfunded real estate6. Purchase your initial investment property7. Invest in dividend paying stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Begin a YouTube Channel13. Create and sell an online course14. Construct an e-commerce site15. Sell Your Pictures OnlineHow to select the Best Passive Income Stream for YouWhat is Passive IncomeAt its simplest go to my blog 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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