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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 potential passive income flows there were.
Unfortunately no one has even until this day made a complete list. So I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my mind, 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 blossom (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 as sale after sale after sale is madeon an ongoing basis and without any additional effort.
Because you can observe passive income streams simply come from resources, and assets are either bought with money (eg rental property) or in the event of most of the ideas below, purchased through perspiration (eg ebook)!
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The much adored model for bloggers and content creators everywhere and to get a good reasonits pretty easy to compose a 60-80 page ebook, not difficult to sell say $500 worth a month through online networking, guest posting and your own SEO optimized blog, 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 back that this would end up being my #1 source of passive income, I would have slapped you silly and called the men in white coats to take you away! And because back then selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business gets. .
Investing is possibly the easiest way to produce passive income. The issue is most investments sound great in concept but dont work out so nicely in training. And if you dont have much experience or access to funding, let alone the time to work out it, it can seem more or less hopeless. However, there is 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 on you, I must say right 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. However, in the meantime, I truly want to discuss this thought with you since 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 high converting inquiry type for capturing details (possibly even a free report attached to this 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 program there are plenty of easy to use apps 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 add up to profit, apart from 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 >