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During that period the one thing I wanted more than anything else, was a big fat epic list of ALL the potential passive income flows there were.
Unfortunately no one has even till this afternoon made an entire list. I spent the last week getting loaded 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 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 mad, eg compose a quality 20,000 word ebook (insanely not passive hahahah), but then you have 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 see passive income flows simply come out of assets, and assets are bought with money (eg rental property) or in the event of almost all of the ideas below, bought through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and for a fantastic reasonits pretty simple to compose a 60-80 page ebook, not hard 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 .
Who doesnt enjoy some down and dirty affiliate commissions! Especially if you realize it can be even simpler to earn money in this way than with an ebook. In the end, you merely need to concentrate on pumping out some content for your own site and getting the visitors in, often via Google or societal media. Unsurprisingly, most people can enjoy their very 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 would have slapped you silly and called up the men in white coats to take you away! And thats because back then selling products online was insanely complicated and time consuming. Pretty much as non-passive as a business receives. . from this source
But now thanks to Amazon, this is not only easy, but it can be particularly rewarding as Ive found out. Continue reading >
Investing is possibly the simplest way to produce passive income. The issue is most investments sound great in concept however dont work out so nicely in practice. Homepage And if you dont have much experience or access to funding, let alone the opportunity to work out it, it can seem more or less hopeless. But, there is one smart way to invest which just may work. Continue reading .
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Were talking a members-only multimedia-driven website here. And before I even dive into this thought with you, I have to say straight up this is a looooot of work. Ive done it and it nearly killed me. Continue reading >
I love this idea and Ive seen some fantastic operators online pull it off beautifully. But I must confess Ive never personally earned passive income by a setup similar to this before.
Ill be putting something together soon though as a working case study. However, in the meantime, I really want to share this idea with you because it is 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 easy Google-friendly content website with a top 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 should you want to create a mainly info-based app there are plenty of simple to use apps online for DIYing this for a few hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they add 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 >