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During that time the one thing I wanted more than anything else, was a big fat epic record of all of the possible passive income flows there were.
Unfortunately no one has even until this afternoon made a complete list. So I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my head, 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 ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.
As you can see passive income flows simply come from assets, and assets are bought with money (eg rental property) or in the case of most of the ideas below, purchased through sweat (eg ebook)!
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The much loved model for bloggers and content creators everywhere and for a good reasonits pretty easy to compose a 60-80 page ebook, not hard to market say $500 value a month through online networking, guest posting and your own SEO optimized site, and well you get to maintain a large whack of the pie after paying affiliates. Hells yeah! Continue reading >.
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If you told me several years ago that this would end up being my #1 source of passive income, I'd have slapped you silly and called the men in white coats to 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 arguably the easiest way to produce passive income. The issue site link 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 capital, let alone the opportunity to work out it, it can appear more or less impossible. However, there is 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 with 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 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 site on cats and inserting some Google Adsense upward in there. Continue reading >
Think easy Google-friendly content site with a top converting inquiry type for capturing information (possibly even a free report attached to that or something else to boost conversion). Continue reading >
Build and SEO optimize a website for people looking to convert 8mm home movies to DVD / USB. Continue reading >
Fascination About Passive Income In Brazil - Passive Income Ideas
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 to get a few hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of those 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 >