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During this time that the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income flows there were.
Unfortunately no one has even till this day made an entire list. So I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income stream 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 beloved real life passive income businesses here.
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Ie first you need to haul ass and do something mad, eg compose 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 own iPhone each morning available after sale after sale is madeon an ongoing basis and without any additional work.
As you can see passive income flows simply come out of assets, and resources are either bought with money (eg rental property) or in the event of most of the ideas under, purchased through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and for a good reasonits pretty simple to compose a 60-80 page ebook, not difficult to sell say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt like some down discover this info here and dirty affiliate commissions! Especially if you realize it can be even simpler to make money this way than using an ebook. In the end, you merely need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or social media. Unsurprisingly, the majority of people can enjoy their very first affiliate sale within 30 days of starting a site. Continue reading .
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If you told me a few years ago that this would end 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 thats because back then selling products 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 particularly rewarding as Ive found out. Continue reading >
Investing is possibly the easiest way to make passive income. The problem is most investments sound good in theory but dont work out so nicely in practice. And if you dont have much experience or access to capital, let alone the time to work it all out, it can appear more or less hopeless. But, there's one smart way to invest that just may work. Continue reading .
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Were talking a members-only multimedia-driven website here. And before I even dive into this idea on you, I must say right up this is a looooot of work. Ive done it and it nearly killed me. Continue reading >
I really like this idea and Ive seen some fantastic operators online pull it off superbly. But I must click here for info 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. However, 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 website with a high converting inquiry type for capturing details (maybe even a free report attached to this or something else to improve conversion). Continue reading >
Construct and SEO optimize a web site 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 should you want to produce a mainly info-based app there are plenty of easy to use apps 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 gain, apart from the exceptional few business operators who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >