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

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Deal sites nearly feel antiquated these days.  But individuals are still using them, albeit in less volume.

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Before we jump in, a fair 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 work well.  Continue reading >

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

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

This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a terrific lead generator for future premium merchandise sales.

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

Here is the most bizarre kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth thought 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.

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

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How much more useful is to your reader if you created a unified guide Continue reading >

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

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

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

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

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

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

But nowadays, there is 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 like .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 last few decades!  Continue reading .

Putting your effort in upfront and collecting the returns indefinitely after is the foundation of financial freedom.

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Passive income has long been the holy grail for entrepreneurs looking to free up their time, untethering the string of daily duties and responsibilities from the potential to generate healthy monthly revenues. Though the importance of passive income isn't often doubted, the monumental hurdle often needed to accomplish a decent amount of money flow from automatically-recurring revenue flows is often too good for many to bear. .

Certainly, it is hard to generate passive income. It takes the upfront investment of a significant amount of the time, usually with minimal to no returns for extended periods. We can go months and even years without a single buck produced from passive income actions, making even the most astute entrepreneur shake their head in sheer and utter frustration. .

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The fact of the matter is that time is a lot more valuable than money. While money can be spent and earned, time can only be spent once, then it's gone forever. As we age and grow old, we understand the importance of the time and being able to freely choose what we do look at this now with these precious moments that we do have in everyday life. .

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