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

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

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Before we jump in, a reasonable word of warning this is gonna take some significant job, but can pay off big time.  Its important to think beyond the box with this thought and recognize that any niche can get the job done nicely.  Continue reading >

Websites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea 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 >

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

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

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The idea rests on your merchandise adding a ton of value to customers lives and you 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 thought 110 percent i.e. so much so, that you're no longer involved in the daily running of the business.

The ordinary blog is similar to the ordinary wardrobea complete fecking mess, with gold nuggets of knowledge spread through 100s of posts.

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

This is different to the fake store thought above, since here its not an online store were building, but rather a content-rich site with tons of product-focused posts and videos , 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 >

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

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

You give away a ton of the content at no cost, and then charge for the superior stuff or to find the most recent stuff.  Continue reading >

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Well, because I am OCDing throughout the joint and want to make this listing uber complete 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 get more hunt for brand-suitable domains and also keyword-rich or popular names on the multitude of new domain name extensions like .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 past few years!  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 cord of daily duties and responsibilities from the potential to generate healthy monthly revenues. While the importance of passive income isn't often doubted, the monumental hurdle often needed to achieve a respectable amount of money flow from automatically-recurring revenue streams is often too great for many to endure. .

Certainly, it's hard to generate passive income. It requires that the upfront investment of a significant amount of the time, normally with minimal to no returns for extended intervals. We can go months and even years without a single buck generated from passive income activities, making even the most astute entrepreneur shake their head in utter and utter frustration. .

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The fact of the matter is that time is far more valuable than money. While money can be spent and earned, time can only be spent once, then it has gone forever. As we age and grow older, we understand the importance of time and being able to freely choose what we do with these precious moments that we do have in everyday life. .

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