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

Deal sites nearly feel antiquated nowadays.  But individuals are still using them, albeit in less quantity.

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

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Websites like Cafepress make it super simple to publish designs, which means exactly like using the stock photography idea above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to purchase.  Continue reading >

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

The upfront job can involve a reasonable bit of programming, even should you use a good deal of template and existing off-the-shelf applications.  Continue reading >

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This is a favorite passive income flow for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.

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

This is the craziest kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

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The ordinary blog is similar to the ordinary wardrobea complete fecking mess, with golden nuggets of wisdom spread through 100s of posts.

How much more useful would it be to your reader if you created a unified manual Continue reading >

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This is different to the imitation store thought above, since here is not an online shop were building, but instead a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.

I.e. one thought is to get an online store and the other for a blog/affiliate website of sorts.  Continue reading >

This really is going to make millions for those that get it right, but to be honest its not entirely passive.

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The example that springs to mind for this thought, so I can explain what Im talking about here, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of the content for free, and then charge for the superior stuff or to find the latest stuff.  Continue reading >

Well, because I am OCDing throughout 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's so much opportunity in case you search go right here for brand-suitable domains and keyword-rich or popular names on the myriad of new domain name extensions such as .io, .at etc..  And I need to know, because Ive paid several domain squatters a kings ransom to purchase these kinds of domain names in the past few years!  Continue reading .

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A few of the links in this post may be out of our sponsors. Policy PageThey say that the average millionaire has seven different flows of income. Note: This doesnt mean they have seven jobs. Most millionaires have figured out on that the passive income game.By the time youre finished reading this, youll be flush with suggestions on how to start earning residual income for yourself.According to Readers Digest, over 50% of Americans are immediately plagued by thoughts of work and money as soon as they open their eyes in the morning.Even while earning passive income in addition to a day job wont resolve all your lifes issues, its a good place to start.

Get Cash Back for Shopping You Already Do2. Put Your Car to Work for You3. Open a high-yield savings account4. Rent 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.

Begin a YouTube Channel13. Make and sell an online course14. Construct an e-commerce site15. Sell Your Pictures OnlineHow to select 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 might be sleeping, on the beach drinking margaritas, or just relaxing.

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