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During this period that 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 afternoon made a complete list. So I spent the past 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 favorite passive income ideas right 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 crazy, eg compose 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 every morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.
As you can observe passive income streams simply come out of resources, and assets are either bought with money (eg rental property) or even in the case of almost all of the ideas under, purchased through sweat (eg ebook)!
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The much adored model for bloggers and content creators everywhere and for a good reasonits pretty simple to compose a 60-80 page ebook, not difficult to sell say $500 worth a month through online networking, guest posting and your own SEO optimized site, and well you get to keep a large whack of this pie after paying affiliates. Hells yeah! Continue reading .
Who doesnt enjoy some down and dirty affiliate fees! Particularly if you realize it can be even simpler to make money in this way than with an ebook. this website After all, you simply need to concentrate on pumping out some content to your own site and getting the visitors in, often via Google or societal websites. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a site. Continue reading .
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If you told me several years back that this might end up being my #1 source of passive income, I'd have slapped you silly and called the men in white jackets to take you away! And thats because back then selling goods online was insanely complex and time consuming. Pretty much as non-passive as a business receives. .
But now thanks to Amazon, this is not only easy, but it can be particularly lucrative as Ive found out. Continue reading >
Investing is possibly the easiest way to produce passive income. The problem is most investments sound great in concept but dont work out so well in training. And if you dont have much experience or access to capital, let alone the time to work out it, it can appear more or less hopeless. But, there's one clever way to invest that just may work. Continue reading .
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Were talking a members-only multimedia-driven website . And before I even dive into this thought 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 really like this idea and Ive seen some great operators online pull it off beautifully. But I must confess Ive never personally earned passive income by a setup similar to this click here for more before.
Ill be putting something together soon though as a working case study. However, in the meantime, I really want to discuss this thought with you because it's rather 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 easy Google-friendly content site with a high converting inquiry form for capturing information (possibly even a free report attached to this or something else to boost conversion). Continue reading >
Build 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 if you want to produce a mainly info-based app there are plenty of simple to use programs online for DIYing this for a couple hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they include up to gain, outside of 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 >