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During that time the one thing I wanted more than anything else, was a large fat epic record of all of the potential passive income streams there were.
Unfortunately no one has even until this day made an entire list. I spent the last week getting loaded 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 here or you can check out 30 of my beloved real-life passive income businesses here.
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Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word blossom (insanely not passive hahahah), but then you have 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 streams simply come out of resources, and resources are bought with money (eg rental property) or in the event of most of the ideas below, bought through sweat (eg ebook)!
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The much adored version for bloggers and content creators everywhere and to get a fantastic reasonits pretty simple to compose a 60-80 page ebook, not hard to sell 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 this look at here pie after paying affiliates. Hells yeah! Continue reading .
Who doesnt like some down and dirty affiliate fees! Particularly if you understand it can be even easier to earn money this way than using an ebook. In the end, you simply need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or societal websites. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a blog. Continue reading .
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If you told me a few years back that this would end check this site out up being my #1 source of passive income, I would have slapped you silly and called the men in white coats to take you away! And because back then selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business gets. .
But now thanks to Amazon, this is not only simple, but it can be extremely rewarding as Ive found out. Continue reading >
Investing is arguably the simplest way to make passive income. The issue is most investments sound great in concept however dont work out so nicely in training. And if you dont have much experience or access to capital, let alone the opportunity to work it all out, it can seem more or less hopeless. But, there's one clever 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 must say straight up this is a looooot of work. Ive done it and it nearly killed me. Continue reading >
I this page really like this idea and Ive seen some great operators online pull it off superbly. But I must confess Ive never personally earned passive income by 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 share this thought with you since it is 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 site with a top converting inquiry form for capturing details (maybe even a free report attached to that or something else to boost 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 produce a mainly info-based app there are plenty of easy to use programs online for DIYing this for a few hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they add up to profit, outside of the exceptional few business operators that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >