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During that time that the one thing I wanted more than anything else, was a big fat epic list of all of the potential passive income flows there were.
Unfortunately no one has even until this afternoon made a complete list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my head, 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 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 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 work.
As you can see passive income flows simply come out of assets, and assets are either bought with money (eg rental property) or in the event of almost all of the ideas under, bought through sweat (eg ebook)!
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The much loved model for bloggers and content creators everywhere and for a good visit this web-site reasonits pretty easy to write a 60-80 page ebook, not hard to market 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 like some down and dirty affiliate fees! Especially if you realize it can be even easier to make money in this way than using an ebook. After all, you simply need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or societal websites. Unsurprisingly, the majority of 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 ago that this would end up being my #1 source of passive income, I would have slapped you silly and click site called the men in white coats to come 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 easy, but it can be extremely rewarding as Ive found out. Continue reading >
Investing is possibly the easiest way to make passive income. The issue is most investments sound good in theory however dont work out so nicely in practice. And if you dont have much experience or access to capital, let alone the time to work out it, it can seem more or less impossible. 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 here. And before I even dive into this thought with you, I must say straight up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I really like this check my site idea and Ive seen some fantastic operators online pull it off superbly. But I must confess Ive never personally earned passive income from a setup like this before.
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 since it's rather 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 simple Google-friendly content website with a top converting inquiry type for capturing information (maybe even a free report attached to this or something else to improve conversion). Continue reading >
Build 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 if you want to produce a mainly info-based app there are plenty of easy to use apps online for DIYing this for a few hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they add up to gain, outside of 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 >