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Oh no!  There are so many horror stories of individuals investing in their mates pub or bar or anything, the thought sends shivers up my spine.  Continue reading >

Deal sites almost feel antiquated nowadays.  But people are still using them, albeit in less quantity.

Before we jump in, a fair word of warning this is gonna take some significant work, but can pay off big time.  Its important to think beyond the box with this thought and realize that any niche can work nicely.  Continue reading >

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Websites like Cafepress make it super easy to submit designs, which means just like using the stock photography thought above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to buy.  Continue reading >

The idea is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests.  Continue reading >

The upfront job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf programs.  Continue reading >

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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.

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The idea rests on your own product adding a ton of value to customers lives and you systematically and nicely / in a fun manner, asking for donations.  Continue reading >

This is the most bizarre kind of passive income I can think about, because it basically involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you are no longer involved in the daily running of the business.

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The ordinary blog is similar to the average wardrobea complete fecking mess, with golden nuggets of wisdom spread throughout 100s of articles.

Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >

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This is different to the imitation shop thought above, since here its not an online store were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.

I.e. one thought is to get an online shop and the other for a blog/affiliate website of sorts.  Continue reading >

This really is going to create millions for the ones that get it right, but to be honest its not entirely passive.

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The case that springs to mind with this thought, so that I can really explain what Im talking about this, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of the content for free, and then charge for the superior stuff or for the latest stuff.  Continue reading >

Well, because I am OCDing all over the joint and want to make this list uber complete to the point where we finish up with a fairly mediocre passive income idea.  Continue reading >

But nowadays, there is so much opportunity in case you search for brand-suitable domains and also keyword-rich or otherwise popular names on the myriad of new domain name extensions such as .io, .at etc..  And I need to know, because Ive paid several domain squatters a kings ransom to buy these sorts of domain names in the last few decades!  Continue reading .

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A few of the links in this post may be from our sponsors. Policy PageThey state that the typical millionaire has seven different flows of income. Note: That doesnt mean they have seven occupations. Most millionaires have figured out the passive income game.By the time youre finished reading this, youll be flush with ideas on how best to start earning residual income for yourself.According to Readers Digest, over 50 percent of Americans are immediately plagued by read this post here thoughts of work and money as soon as they open their eyes in the morning.Even while earning passive income in addition to your day job wont solve all your lifes issues, its a fantastic place to start.

Get Cash Back for Shopping You Do2. Put Your Car to Work for You3. Open a high-yield savings account4. Rent a room in your house5. Invest in crowdfunded real estate6. Purchase your first investment property7. Invest in dividend paying our website stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Begin a YouTube Channel13. Create and sell an online course14. Construct an e-commerce site15. Sell Your Pictures OnlineHow to Pick the Best Passive Income Stream for YouWhat is Passive IncomeAt its simplest definition, passive income, also known as residual income, is money you earn while you're not working. You might be sleeping, on the beach drinking margaritas, or just relaxing.

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