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During this period that the one thing I wanted more than anything else, was a big fat epic list of ALL the possible passive income flows there were.
Unfortunately no one has even until this afternoon made an entire list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income stream 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 preferred passive income ideas right 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 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 every morning available after sale after sale is madeon an ongoing basis and without any additional work.
As you can observe passive income flows simply come out of resources, and resources are bought with money (eg rental property) or in the event of most of the ideas below, bought through perspiration (eg ebook)!
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The much adored model for bloggers and content creators everywhere and to get a fantastic reasonits pretty easy to compose a 60-80 page ebook, not difficult 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 easier to earn money in this way than with an ebook. After all, you merely need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or societal media. Unsurprisingly, the majority of 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 would end up being my #1 source of passive income, I'd have slapped you silly and called up the men find more in white coats to come take you away! And because back then selling products 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 simple, but it can be extremely rewarding 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 but dont work out so well in training. And if you dont have much experience or access to funding, let alone the time to work out it, it can appear more or less impossible. But, there's one clever way to invest that 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 idea with you, I have to say straight up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I love this 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 similar to this before.
Ill be putting something together soon though as a working case study. But in the meantime, I truly want to discuss this thought 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 upward in there. Continue reading >
Think simple Google-friendly content website with a high converting inquiry form for capturing information (maybe even a free report attached to this or something else to boost conversion). Continue reading >
Construct 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 create 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 include up to gain, outside of the exceptional few business operators who are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >