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

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Deal sites nearly feel antiquated these days.  But individuals are still using them, albeit in less volume.

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

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

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

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The upfront job can involve a fair bit of programming, even if you do use a good deal of template and existing off-the-shelf programs.  Continue reading >

This is a favorite passive income stream for many WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.

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The idea rests on your 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 most bizarre kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.

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

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How much more useful is to your reader in the Event That You created a unified manual Continue reading >

This is different to the fake store idea above, since here its not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.

I.e. one thought is for an online store and another for a blog/affiliate site of sorts.  Continue reading >

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

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

You give away a ton of the content at no cost, and then charge for the superior material or for the most recent stuff.  Continue reading >

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Well, because I am OCDing all over the joint and want to make this listing uber complete to the point where we finish up with a pretty mediocre passive income idea.  Continue reading >

But nowadays, there's so much opportunity if you hunt for brand-suitable domains and also keyword-rich or otherwise popular names on the multitude 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 buy these kinds of domain names in the last few decades!  Continue reading .

Putting your effort in upfront and collecting the returns indefinitely after is the foundation of financial freedom.

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Passive income has long been the holy grail for entrepreneurs looking to free up their time, untethering the cord of daily duties and responsibilities from the potential to generate healthy monthly revenues. Though the importance of passive income isn't often doubted, the monumental hurdle often required to achieve a respectable amount of money flow from automatically-recurring revenue streams is often too great for most click here for more to bear. .

Clearly, it is difficult to generate passive income. It requires that the upfront investment of a significant amount of the time, normally with little to no returns for extended periods. We can go months and even years without a single dollar produced from passive income actions, making even the most astute entrepreneur shake their head in sheer and utter frustration. .

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The truth of the matter is that time is far more precious than money. While money can be spent and earned, time can only be spent once, then it has gone forever. As we age and grow older, we understand the importance of the time and being able to freely choose what we do with these precious moments that we do website here have in everyday life. .

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