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During that time the one thing I wanted more than anything else, was a big fat epic record of ALL the potential passive income flows there were.
Unfortunately no one has even till this day made a complete list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my mind, my notes and the world wide interwebs!
PS if you want to cut to the chase you can get access to 3 of my favorite passive income ideas 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 crazy, eg compose a quality 20,000 word blossom (insanely not passive hahahah), but then you get 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.
Because you can observe passive income flows simply come out of assets, and resources are bought with money (eg rental property) or in the event of almost all of the ideas under, bought her latest blog through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and site here for a good reasonits pretty easy 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 maintain a large whack of the pie after paying affiliates. Hells yeah! Continue reading .
Who doesnt enjoy some down and dirty affiliate commissions! Especially if you realize it can be even easier to make money this way than with an ebook. After all, you simply need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or social media. Unsurprisingly, most people can enjoy their very 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 up being my #1 source of passive income, I'd have slapped you silly and called up the men in white coats to come take you away! And thats because back then selling goods online was insanely complex and time consuming. Pretty much as non-passive as a business receives. .
But now thanks to Amazon, this is not only simple, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is arguably the easiest way to produce passive income. The problem is most investments sound great in concept but dont work out so nicely in training. And if you dont have much experience or access to capital, let alone the opportunity to work out it, it can seem more or less impossible. But, there is one clever way to invest which just might work. Continue reading >.
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Were talking a members-only multimedia-driven website here. And before I even dive into this idea with you, I must say straight up this is a looooot of work. Ive done it and it nearly killed me. Continue reading >
I love 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 our website before.
Ill be putting something together soon though as a working case study. However, in the meantime, I truly want to share this thought with you since it is rather fascinating. Continue reading >
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Im not talking about writing a blog on cats and inserting some Google Adsense upward in there. Continue reading >
Think simple Google-friendly content website with a top converting inquiry type for capturing details (maybe even a free report attached to this or something else to boost conversion). Continue reading >
Construct and SEO optimize a website for people looking to convert 8mm home movies to DVD / USB. Continue reading >
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Haha, nah apps arent that expensive to get made anymore. And if you want to create a mainly info-based app there are plenty of easy to use apps online for DIYing this to get a few 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 >