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During this period that the one thing I wanted more than anything else, was a large fat epic record of all of the possible passive income flows there were.
Unfortunately no one has even until this afternoon 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 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 write 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 work.
Because you can observe passive income streams simply come from assets, and assets are bought with money (eg rental property) or in the event of almost all of the ideas below, bought through sweat (eg ebook)!
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The much adored model for bloggers and content creators everywhere and for 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 the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt enjoy some down and dirty affiliate commissions! Especially in the event that you understand it can be even simpler to make money this way than using an ebook. After all, you merely need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or societal websites. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a site. Continue reading .
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If you told me several years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and called up the men in white coats to take you away! And thats because back published here then selling goods online was insanely complex 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 particularly lucrative as Ive found out. Continue reading >
Investing is arguably the simplest way to make passive income. The issue is most investments sound good in concept however dont work out so well in training. And if you dont have much experience or access to capital, let alone the opportunity to work it all out, it can seem more or less impossible. But, there is one clever way to invest that 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 must say right up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I really like this idea and Ive seen some great operators online pull it off beautifully. But I must 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. But in the meantime, I really want to share this idea with you since it is 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 site with a high converting inquiry type for capturing details (possibly even a free report attached to that or something else to improve conversion). Continue reading >
Build and SEO optimize a web site 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 should you want to produce a mainly info-based program 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 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 >