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

Deal sites nearly feel antiquated these days.  But individuals are still using themin less quantity.

Before we jump in, a reasonable word of warning this is gonna take some serious work, but can pay off big time.  Its important to think outside the box with this idea and recognize that any niche can get the job done well.  Continue reading >

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Websites like Cafepress make it super simple to publish 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 purchase.  Continue reading >

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

The upfront work can involve a fair bit of programming, even should you 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 plenty of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.

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

This is the craziest kind of passive income I can think of, 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 average blog is similar to the ordinary wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.

How much more useful is to your reader in the Event You created a unified manual Continue reading >

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That is different to the fake shop thought above, because here is not an online shop were building, but instead 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 is going to make millions for those that get it directly, but to be honest its not entirely passive.

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

You give away a ton of this content at no cost, and then charge for the superior stuff or to find the most recent stuff.  Continue reading >

Well, because I'm OCDing all over the joint and want to make this listing uber finish to the point where we finish up with a pretty mediocre passive income idea.  Continue reading >

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

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A few of the links in this post might be from our sponsors. Homepage Policy PageThey say that the typical millionaire has seven different streams of income. Note: This 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 suggestions on how to begin earning residual income for yourself.According to Readers Digest, over 50% of Americans are immediately plagued with thoughts of work and money as soon see as they open their eyes in the morning.Even though earning passive income in addition to a day get more job wont resolve all of your lifes problems, its a fantastic place to get started.

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

Start a YouTube Channel13. Create and market 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 most basic definition, passive income, also known as residual income, is money you earn while you're not working. You could be sleeping, on the beach drinking margaritas, or simply relaxing.

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