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

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

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Before we jump in, a reasonable 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 thought and recognize that any niche can work well.  Continue reading >

Websites like Cafepress make it super simple to publish designs, which means exactly like using the stock photography thought previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy.  Continue reading >

The idea is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests.  Continue reading >

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The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf applications.  Continue reading >

This is a popular passive income stream for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.

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The idea rests on your own merchandise adding a ton of value to customers 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 basically involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.

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

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How much more useful is to your reader if you created a unified guide Continue reading >

That is different to the imitation store thought above, because here is not an online store were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.

I.e. one thought is for an online store and the other for a blog/affiliate website of sorts.  Continue reading >

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

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

You give away a ton of this content at no cost, and then charge for the superior material or for the latest stuff.  Continue reading >

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Well, because I am OCDing all over the joint and want to produce this listing uber finish to the point where we finish up with a fairly mediocre passive income thought.  Continue reading >

But nowadays, there's so much opportunity in case you hunt for brand-suitable domains and keyword-rich or otherwise popular Get the facts names on the myriad of new domain name extensions such as .io, .at etc..  And I need to know, because Ive paid several domain squatters a kings ransom to buy these kinds of domain names in the last couple of years!  Continue reading .

Putting your campaign in upfront and collecting the returns forever after is the foundation of financial freedom.

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Passive income has long been the holy grail for entrepreneurs looking to free up their time, untethering the cord of daily duties and responsibilities from the potential to generate healthy monthly revenues. While the importance of passive income isn't often doubted, the monumental hurdle often required to accomplish a decent amount of money flow from automatically-recurring revenue streams is often too great for most to endure. .

Certainly, it's difficult Recommended Reading to generate passive income. It takes the upfront investment of a significant amount of the time, normally with minimal to no returns for extended periods. We can go months and even years without a single dollar generated from passive income actions, making even the most astute entrepreneur shake their head in sheer and utter frustration. .

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The truth of the matter is that time is far more precious than money. While money can be spent and earned, time can only be spent once, then it's gone forever. As we age and grow older, we understand the importance of the time and being able to freely choose what we do with those precious moments we do have in life. .

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