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During this time the one thing I wanted more than anything else, was a large fat epic record of all of the possible passive income flows there were.
Unfortunately no one has even till this afternoon made an entire list. So I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the world wide interwebs!
PS if you want to cut to the chase you can get access to 3 of my favorite passive income thoughts 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 own iPhone each 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 out of assets, and assets are bought with money (eg rental property) or in the event of most of the ideas under, purchased through sweat (eg ebook)!
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The much adored model for bloggers and content creators everywhere and to get a good reasonits pretty easy to write a 60-80 page ebook, not hard to market say $500 worth a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of the pie official source after paying affiliates. Hells yeah! Continue reading .
Who doesnt enjoy some my explanation down and dirty affiliate commissions! Especially if you realize it can be even easier to make money this way than with an ebook. After all, you simply need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or social websites. 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 navigate to this website 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 jackets to take you away! And 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 rewarding as Ive found out. Continue reading >
Investing is arguably the easiest way to produce passive income. The issue is most investments sound great in concept but dont work out so nicely in training. And if you dont have much experience or access to funding, let alone the time to work it all out, it can appear more or less hopeless. But, there's one smart way to invest that just might work. Continue reading .
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Were talking a members-only multimedia-driven website . 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 >
I love this idea and Ive seen some great operators online pull it off beautifully. 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. However, in the meantime, I truly want to share this idea with you because it's quite fascinating. Continue reading >
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Im not talking about writing a site on cats and inserting some Google Adsense upward in there. Continue reading >
Think simple Google-friendly content site with a high converting inquiry type for capturing details (possibly 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 produce a mainly info-based program there are plenty of simple to use programs 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, apart from the exceptional few business operators that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >