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During that period the one thing I wanted more than anything else, was a big fat epic list of all of 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 loaded on strong Ethiopian espresso and compiling every different income flow from my mind, my notes and the net interwebs!
PS if you want to cut to the chase you can get access to 3 of my preferred passive income thoughts 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 write 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 anchor is madeon an ongoing basis and without any additional effort.
As you can see passive income streams simply come out of resources, and resources are either bought with money (eg rental property) or in the case of almost all go to this site of the ideas under, bought through perspiration (eg ebook)!
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The much adored model for bloggers and content creators everywhere and to get a fantastic 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 site, and well you get to keep a large whack of this pie after paying affiliates. Hells yeah! 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 up the men in white jackets to come take you away! And because back then selling goods online was insanely complicated and time consuming. Pretty much as non-passive as a business receives. .
Investing is arguably the easiest way to make passive income. The problem is most investments sound good in theory but dont work out so well in practice. And if you dont have much experience or access to capital, let alone the time to work it all out, it can seem more or less impossible. However, there's one clever way to invest that just might 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 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 idea with you since 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 easy Google-friendly content website with a high converting inquiry type for capturing information (maybe 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 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 create a mainly info-based program there are plenty of simple to use apps online for DIYing this for a couple hundred bucks. Continue reading >
Ive read so many blow-by-blow financial accounts of those businesses and in no way can they add up to gain, outside of the exceptional few business operators who are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >