What are some good ways to generate passive income and cashflow?
I just want other streams of income outside of my regular job. I eventually want to make enough money to quit my job, but thats later down the road.
Like to hear from entrepreneurs and other financially successful people especially.
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The ones that aren’t scams actually require work on your part – and if you’re in need of money soon then you’re likely to be sorely disappointed in any of those as well. Most of the legitimate opportunities out there take time to build – so if someone makes an outrageous claim of income it probably isn’t true ( and those that are true sure didn’t make that kind of money when they first began ). Build a blog like this.
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There are many ways for passive income. One way is with rental property, I have done very well leasing commercial property. Another way is through investments in stocks that pay good dividends and growth (could be some risk), I also do this. Another way is duplicate your efforts through starting your own business, which I have been doing for the past 20 yrs. I am currently working in one that is doing very well that you may want to check out along with these other ideas. I will give you this link so you can check it out for yourself
http://www.thousanddollarprofits.com/94218
Meanwhile, find a good broker that can hook you up in real estate and dividend stocks.
It takes work to build any business . You can create passive income through duplication in your spare time. This can also create immediate cash flow. Visit my web site http://cyberwize.com/rand My e-mail is: d6264r@yahoo.com
I personally enjoy building passive income and cash flow through building websites. I enjoy it because, it gives you the best opportunity to build an income around your own interests without coming up with a lot of capitol. The web host that I use assists me in designing and building sites that will get natural traffic from the search engines. http://www.tobuildyour.com