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During this time the one thing I wanted more than anything else, was a large fat epic list of ALL the possible passive income flows there were.
Unfortunately no one has even until this day made a complete list. I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream 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 beloved 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 each morning available after sale after sale is discover this madeon an ongoing basis and without any additional work.
Because you can observe passive income streams simply come from assets, and assets are bought with money (eg rental property) or in the case of almost all of the ideas under, purchased through sweat (eg ebook)!
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The much loved version for bloggers and content creators everywhere and to get a fantastic reasonits pretty easy to compose a 60-80 page ebook, not difficult to market say $500 value a month through online networking, guest posting and your own SEO optimized site, and well you get to keep a large whack of the pie after paying affiliates. Hells yeah! Continue reading .
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If you told me Click Here a few years ago 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 products online was insanely complex and time consuming. Pretty much as non-passive as a business receives. .
Investing is possibly the simplest way to make passive income. The issue is most investments sound great in theory however dont work out so well in training. And if you dont have much experience or access to funding, let alone the opportunity to work out it, it can seem more or less hopeless. But, there's one smart way to invest that 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 >
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 rather fascinating. Continue reading >
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Im not talking about writing a blog on cats and inserting some Google Adsense upward in there. Continue reading >
Think simple Google-friendly content site with a top converting inquiry form for capturing information (maybe even a free report attached to that or something else to boost conversion). Continue reading >
Build and SEO optimize a website 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 create a mainly info-based program there are plenty of easy to use apps online for DIYing this for a few 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 who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all of the leg work and maintenance. Continue reading >