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During that time the one thing I wanted more than anything else, was a large fat epic record of all of the potential passive income flows there were.
Unfortunately no one has even till this day made a complete 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 thoughts here or you can check out 30 of my favorite 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 available after sale after sale is madeon an ongoing basis and without any additional work. browse around here
As you can observe passive income flows simply come from assets, and assets are bought with money (eg rental property) or even in the event of most of the ideas under, bought through sweat (eg ebook)!
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The much loved model for bloggers and content creators everywhere and for a fantastic reasonits pretty easy to write a 60-80 page ebook, not hard to sell say $500 worth a month through online networking, guest posting and your own SEO optimized site, and well you get to keep a large whack of the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt enjoy some down and dirty affiliate commissions! Particularly if you understand it can be even simpler to earn money this way than with an ebook. After all, you merely need to concentrate on pumping out some content to your own site and getting the traffic in, often via Google or social media. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a blog. 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'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 complicated and time consuming. Pretty much as non-passive as a business gets. .
But now thanks to Amazon, this is not only simple, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is possibly the simplest way to produce passive income. The problem is most investments sound great in concept however dont work out so well in training. And if you dont have much experience or access to funding, let alone the time to work it all out, it can seem more or less impossible. But, there's one clever way to invest that just may work. Continue reading >.
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Were talking a members-only multimedia-driven website . And before I even dive into this thought with you, I must 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 superbly. Our site But I must confess Ive never personally earned passive income from a setup similar to this before.
Ill be putting something together soon though as a working case study. But in the meantime, I really want to discuss 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 simple Google-friendly content site with a high converting inquiry form for capturing details (possibly even a free report attached to that or something else to boost conversion). Continue reading >
Build and SEO optimize a website 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 if you want to produce a mainly info-based program there are plenty of simple to use programs online for DIYing this for a few hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they add up to profit, apart from the exceptional few business operators who are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >