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

Deal sites almost feel antiquated nowadays.  But people are still using themin less volume.

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 idea and recognize that any niche can get the job done well.  Continue reading >

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Websites like Cafepress make it super easy to submit designs, which means just like using the stock photography idea previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase.  Continue reading >

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

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

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

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The idea rests on your merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations.  Continue reading >

This is the craziest kind of passive income I can think of, because it basically involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you are no longer involved in the daily running of the business.

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The ordinary blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of articles.

How much more useful is to your reader in the Event You created a unified guide Continue reading >

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

I.e. one idea is to get an online store and another for a blog/affiliate site of sorts.  Continue reading >

This is going to make millions for the ones that get it directly, but to be honest its not entirely passive.

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The example that springs to mind with this thought, so that I can 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 premium stuff or for the most recent stuff.  Continue reading >

Well, because I'm OCDing all over the joint and want to make this list uber complete to the point where we finish up with a pretty mediocre passive income idea.  Continue reading >

But nowadays, there is so much opportunity in case you search for brand-suitable domains and also keyword-rich or popular names on the myriad of new domain name extensions such as .io, .at etc..  And I should know, because Ive paid several domain squatters a kings ransom to buy these sorts of domain names in the last couple of years!  Continue reading >.

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Some of the links in this post might be out of our sponsors. Policy PageThey say that the typical millionaire has seven different flows of income. Note: That doesnt mean they visite site have seven occupations. Most millionaires have figured out on the passive income game.By the time youre finished reading this, youll be flush with ideas on the best way best to start earning residual income for yourself.According to Readers Digest, over 50% of Americans are instantly plagued with thoughts of work and money as soon as they open their eyes in the morning.Even though earning passive income in addition to your day job wont resolve all your lifes issues, its a good place to start.

Get Cash Back for Shopping You Already Do2. Set Your Vehicle to Work for You3. Open a high-yield savings account4. Rent a room in your house5. Invest in crowdfunded actual estate6. Purchase your initial investment property7. Invest in dividend paying stocks8. Peer-to-Peer Lending9. Start investing with a robo-advisor10. Affiliate marketing11.

Start a YouTube Channel13. Create and sell an online course14. Construct an e-commerce site15. Sell Your Pictures OnlineHow to select the Best Passive Income Stream for YouWhat is Passive IncomeAt its simplest definition, passive income, also known as residual income, is money you earn while you're not working. You might be sleeping, on the beach drinking margaritas, or just relaxing.

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