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During this time that 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 an entire list. I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income flow 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 favorite 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 crazy, eg compose a quality 20,000 word ebook (insanely not passive hahahah), but then you get 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 effort.
As you can observe passive income flows simply come out of resources, and resources are bought with money (eg rental property) or even in the case of most of the ideas below, bought through sweat (eg ebook)!
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The much loved version for bloggers and content creators everywhere and to get a good reasonits pretty easy 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 keep a large whack of this pie after paying affiliates. Hells yeah! Continue reading >. go to my site
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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 would have slapped you silly and called the men in white jackets to take you away! And thats because back visit this website then selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business gets. .
Investing is arguably the simplest way to make passive income. The issue is most investments sound great in concept but dont work out so well in training. And if you dont have much experience or access to funding, let alone the time to work out it, it can seem more or less hopeless. However, there's one smart way to invest which just might work. Continue reading .
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Were talking a members-only multimedia-driven website . And before I even dive into this idea on you, I have to say straight up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
Ill be putting something together soon though as a working case study. However, in the meantime, I really want to discuss this idea with you because it's quite 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 information (possibly 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 produce a mainly info-based app there are plenty of simple to use apps online for DIYing this to get a couple hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they add up to gain, apart from the exceptional few business operators that are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >