Why start an online T shirt business? T shirts never go out of fashion. Well actually they do, but that just makes people buy more of them! According to Bloomberg, online T shirt company Teespring sells over 7 million tee shirts per year, and literally hundreds of private individuals are making over $100,000 per year
In previous articles, we’ve looked at what is passive income, some general passive income strategies, and how to find your niche. In this article, we’re going to look at 12 proven passive income ideas that you can use yourself, in whatever niche you choose. These ideas are not either/or options, you could use several of
There is an old Chinese proverb that says “The best time to plant a tree was 20 years ago. The second best time is now”. The single biggest obstacle to your becoming successful in generating passive income streams will be just getting started. Nothing more. Your biggest enemy won’t be technical know-how, or marketing knowledge,
In a previous article (What is Passive Income?) we defined passive income for our purposes to be self-sustaining online income that doesn’t require a real-time presence. And we are only interested in passive income strategies that do not require significant up-front capital investment so we are ruling out things like stock market investing, property rental,
Passive income is money that still comes in when you are not actively working. It offers the promise of being able to leave a conventional job, where you trade time for money, and enjoy a life of freedom to work when, and where you choose. Sounds pretty good, huh? Taken to the ultimate, you can
So you’ve decided that you want to build a passive income. You’ve looked at a few different passive income strategies, or ways of earning a passive income, and you’ve seen a few ideas that look promising.
But how do you choose what to do — how do you choose your niche?