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During that time the one thing I wanted more than anything else, was a big fat epic list of all of the possible passive income streams there were.
Unfortunately no one has even till this day made an entire list. I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income stream 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 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 compose a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone every morning available after sale after sale is madeon an ongoing basis and without any additional effort.
As you can see passive income streams simply come out of resources, and assets are bought with money (eg rental property) or even 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 fantastic reasonits pretty simple to compose a 60-80 page ebook, not hard to market say $500 worth a month through online networking, guest posting and your own SEO optimized site, and well you get to maintain a large whack of this pie after paying affiliates. Hells yeah! Continue reading >.
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If you told me a few years ago that this might end up being my #1 source of passive income, I would have slapped you silly and called the men in white coats to come take you away! And thats because back then selling goods online was insanely complex and time consuming. Pretty much as non-passive as a business receives. .
Investing is possibly the easiest way to produce go passive income. The issue is most investments sound good in concept but dont work out so well in training. And if you dont have much experience or access to capital, let alone the time to work out it, it can appear more or less impossible. But, there's one website here smart way to invest which just might site 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 >
Ill be putting something together soon though as a working case study. But in the meantime, I truly want to discuss this idea with you since it's rather 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 simple Google-friendly content site with a top converting inquiry form for capturing information (possibly even a free report attached to that or something else to improve 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 create a mainly info-based app there are plenty of simple to use programs online for DIYing this to get a few hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they include 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 >