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During that time that the one thing I wanted more than anything else, was a large fat epic list of all of the possible passive income streams there were.
Unfortunately no one has even until this day made a complete list. I spent the last week getting wealthy 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 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 ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone every morning available after sale after sale is madeon an ongoing basis and without any additional work.
Because you can observe passive income streams simply come from assets, and assets are either bought with money (eg rental property) or in the case of most of the ideas under, purchased through perspiration (eg ebook)!
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The much loved version for bloggers and content creators everywhere and to get a good reasonits pretty easy to compose a 60-80 page ebook, not hard to sell say $500 value a month through online networking, guest posting and your own SEO optimized site, 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 several years back that this might end up being my #1 source of passive click for more income, I would have slapped you silly and called up 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. .
Investing is arguably the easiest way to make passive income. The issue is most investments sound great in theory but dont work out so well in practice. And if you dont have much experience or access to capital, let alone the time to work it all out, it can seem more or less hopeless. However, there is one smart way to invest which just may click 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 have to say right up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
Ill be putting something together soon though as a working case study. But in the meantime, I really want to share this thought with you since it's quite 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 site with a high converting inquiry form for capturing details (possibly even a free report attached to this or something else to improve conversion). Continue reading >
Construct and SEO optimize a web site 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 app there are plenty of easy to use apps online for DIYing this to get a few hundred dollars. 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 who are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >