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

Deal sites almost feel antiquated nowadays.  But individuals are still using them, albeit in less quantity.

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

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Sites like Cafepress make it super easy to submit designs, which means just like using the stock photography thought above, 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 find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests.  Continue reading >

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

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

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The notion rests on your own merchandise adding a ton of value to users lives and you systematically and nicely / in a fun way, asking for donations.  Continue reading >

This is the craziest kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

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

Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >

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

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

This is going to create millions for those that get it right, but to be honest its not entirely passive.

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

You give away a ton of the content for free, and then charge for the premium material or to find the most recent stuff.  Continue reading >

Well, because I'm OCDing all over the joint and want to make this list uber finish to the point where we finish up with a pretty mediocre passive income thought.  Continue reading >

But nowadays, there is so much opportunity if you search for brand-suitable domains and keyword-rich or otherwise popular names on the multitude of new domain name extensions such as .io, .at etc..  And I should know, because Ive paid several domain squatters a kings ransom to purchase these kinds of domain names in the past few decades!  Continue reading .

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Some of the links in this informative article might be from our sponsors. Policy PageThey state that the average millionaire has seven different streams of income. Note: This doesnt mean they have seven occupations. Most millionaires have figured out on the passive income game.By the time youre finished reading this, youll be flush with suggestions on the best way to begin earning residual income for yourself.According to Readers Digest, over 50% of Americans are instantly plagued with thoughts of work and money as soon as they open their eyes in the morning.Even though earning passive income in addition to a day job wont solve all of your lifes issues, its a fantastic place to start.

Get Cash Back for Shopping You Already Do2. Set Your Vehicle to Work for You3. Open a high-yield savings account4. Rent out a room in your house5. Invest in crowdfunded real estate6. Purchase your initial investment property7. Invest in dividend paying stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Start a YouTube Channel13. Create and market linked here an online course14. Construct an e-commerce site15. Sell Your Pictures OnlineHow to Pick the Best Passive Income Stream for YouWhat is Passive IncomeAt its most basic definition, passive income, also known as residual income, is money you earn while you're not working. You might be sleeping, on the beach drinking margaritas, or simply relaxing.

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