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During that period the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income flows there were.
Unfortunately no one has even till this day made an entire list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the net 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 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 flows simply come from resources, and resources are either bought with money (eg rental property) or in the event of almost all of the ideas under, bought through perspiration (eg ebook)!
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The much adored model for bloggers and content creators everywhere and for a fantastic reasonits pretty easy to compose a 60-80 page ebook, not difficult 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 after paying affiliates. Hells yeah! 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 coats to take you away! And because back then you could try this out selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business gets. .
Investing is arguably the simplest way to produce passive income. The problem 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 capital, let alone the time to work out it, it can appear more or less impossible. But, there's one smart way to invest which 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 with you, I have to 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 thought 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 that or something else to boost conversion). Continue reading >
Build and SEO optimize a website 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 if you want to produce 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 include up to gain, outside of the exceptional few business operators that are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >