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During that time that the one thing I wanted more than anything else, was a big fat epic record of ALL the potential passive income flows there were.
Unfortunately no one has even until this day made a complete list. I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income flow 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 thoughts 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 compose a quality 20,000 word blossom (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.
Because you can see passive income streams simply come out of assets, and assets are bought with money (eg rental property) or even in the case of most of the ideas below, bought through sweat (eg ebook)!
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The much loved version for bloggers and content creators everywhere and to get 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 blog, and well you get try this site to keep a large whack of this pie after paying affiliates. Hells yeah! Continue reading .
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If you told me a few More hints years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and called the men in white coats to come take you away! And thats because back then selling products online was insanely complex and time consuming. Pretty much as non-passive as a business gets. .
Investing is arguably the simplest way to produce passive income. The problem is most investments sound great in theory however 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 seem 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 must say straight up this is a looooot of work. 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 share this idea with you because it is rather fascinating. Continue reading >
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Im not talking about writing a site on cats and inserting some Google Adsense up in there. Continue reading >
Think easy Google-friendly content website with a top converting inquiry type for capturing details (possibly even a free report attached to this or something else to boost 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 if you want to produce a mainly info-based app there are plenty of easy to use apps online for DIYing this for a couple hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they include up to gain, apart from the exceptional few business operators that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >