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Oh no!  There are so 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 nearly feel antiquated these days.  But individuals are still using them, albeit in less quantity.

Before we jump in, a fair word of warning this is gonna take some serious work, but can pay off big time.  Its important to think beyond the box with this thought and recognize that any niche can work well.  Continue reading >

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

The concept is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests.  Continue reading >

The upfront job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf programs.  Continue reading >

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

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The idea rests on your own product 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 most bizarre kind of passive income I can think about, as it basically involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

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The average blog is similar to the ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom spread throughout 100s of articles.

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

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

I.e. one idea is for an online shop and the other for a blog/affiliate website of sorts.  Continue reading >

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

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The example that springs to mind with this thought, so I can explain what Im talking about this, is Corbett Barrs Fizzle.  Continue reading >

You give away a ton of the content for free, and then charge for the premium material or to find the most recent stuff.  Continue reading >

Well, because I'm OCDing throughout the joint and want to make this listing uber finish to the point where we finish up with a fairly mediocre passive income idea.  Continue reading >

But nowadays, there's so much opportunity if you search for brand-suitable domains and keyword-rich or otherwise popular names on the myriad of new domain name extensions such as .io, .at etc..  And I should know, since Ive paid several domain squatters a kings ransom to purchase these kinds of domain names in the past few decades!  Continue reading >.

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A few of the links in this post may be from our sponsors. Policy PageThey state that the average millionaire has seven different streams of income. Note: That doesnt mean that they have seven jobs. 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 to start earning residual income for yourself.According to Readers Digest, over 50% of Americans are instantly plagued by thoughts of work and money as soon as they open their eyes in the morning.Even while earning passive income in addition to a day job you can try these out wont solve all of your lifes problems, its a good place to get started.

Get Cash Back for Shopping You Already Do2. Set Your Car to Work for You3. Open a high-yield savings account4. Rent out 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.

Begin a YouTube Channel13. Make and market an online course14. Build an e-commerce site15. Sell Your Photos OnlineHow to Pick the Best Passive Income Stream for YouWhat is Passive IncomeAt its most basic definition, passive income, also known as residual income, is money you earn while you're not working. You could be sleeping, on the beach drinking margaritas, or just relaxing.

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