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During this time the one thing I wanted more than anything else, was a big fat epic list of ALL the potential passive income flows there were.
Unfortunately no one has even until this day made an entire list. I spent the last 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 ideas 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 write a quality 20,000 word blossom (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.
As you can observe passive income flows simply come from assets, and resources are bought with money (eg rental property) or even in the event of almost all of the ideas below, purchased through perspiration (eg ebook)!
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The much loved model for bloggers and content creators everywhere and for a good reasonits pretty easy to compose a 60-80 page ebook, not difficult to sell say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to maintain a large whack of the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt enjoy some down and dirty affiliate commissions! site Especially if you realize it can be even simpler to earn money this way than with an ebook. After all, you merely need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or societal websites. Unsurprisingly, the majority of people can enjoy their very first affiliate sale within 30 days of starting a site. Continue reading .
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If you told me a few years ago that this would end up being my #1 source of passive income, I would have slapped you silly and called 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 his response as a business receives. .
But now thanks to Amazon, this is not only simple, but it can be extremely rewarding as Ive found out. Continue reading >
Investing is possibly the simplest way to produce passive income. The problem is most investments sound great in theory however dont work out so well in practice. And if you dont have much experience or access to funding, let alone the opportunity to work it all out, it can seem more or less impossible. However, there is one smart way to invest which just may work. Continue reading >.
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Were talking a members-only multimedia-driven website here. And before I even dive into this idea with you, I must say straight 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 like this before.
Ill be putting something together soon though as a working case study. But in the meantime, I really want to discuss this thought 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 up in there. Continue reading >
Think simple Google-friendly content site with a top converting inquiry form for capturing details (possibly even a free report attached to that or something else to boost 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 should you want to create a mainly info-based program there are plenty of simple to use programs online for DIYing this for a couple 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 that are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >