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

Deal sites nearly feel antiquated these days.  But people are still using themin less volume.

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 outside the box with this thought and realize that any niche can work nicely.  Continue reading >

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Websites like Cafepress make it super simple to publish designs, which means just like with 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 buy.  Continue reading >

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

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

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

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The idea rests on your product adding a ton of value to users 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%i.e. so much so, that you are no longer involved in the daily running of the business.

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The average blog is similar to the average wardrobea complete fecking mess, with golden nuggets of wisdom spread through 100s of articles.

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

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That is different to the fake shop idea above, because here its not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.

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

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

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The case that springs to mind for this thought, so I can really 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 to find the most recent stuff.  Continue reading >

Well, because I am OCDing all over the joint and want to produce this listing uber complete to the point where we finish up with a fairly mediocre passive income thought.  Continue reading >

But nowadays, there's so much opportunity if you 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 need to 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 out of our sponsors. Policy PageThey say that the average millionaire has seven different flows of income. Note: This doesnt mean they 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 how best to begin earning residual income for yourself.According to Readers Digest, over 50 recommended you read percent of Americans are instantly plagued by thoughts of work and money as soon as they open their eyes in the morning.Even though earning passive income in addition to a day job wont resolve all of your lifes problems, its a good place to get started.

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

Begin a YouTube Channel13. Make and sell an online course14. Build an e-commerce site15. Sell Your Photos OnlineHow to select 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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