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Good passive money making ideas?


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#1 The Immortalist

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Posted 25 June 2012 - 12:23 AM


Does anyone here have any good ideas fo rmaking some extra cash with little effort? These are my ideas:

1. Start a fish breeding business -
Why it's easy:
You only have to learn some basic biology about fish and some basic analytical chemistry about water. You only have to feed them for like 2 times a day and check the concentration of oxygen, ammonia, minerals etc once a week maybe. my cousin got me into this after he told me he sold guppies to his local fish store.

2. Grow vegetables/fruits then cell them at local farmers market-
Why it's easy:
You just grow shit in your back yard or pots(lots of pots for large scale production) on your patio or beside a window. You only have to buy some good soil, fertilizer and a pH metre and learn some biology about the plant's your growing. An especially easy plant to grow is celery. http://gizmodo.com/5...the-contra-code

3. Online game gold farming
Why it's easy:
Well it's only easy if you have a max level character in the online game of your choice. With a high level character or through trading items you could probably find ways to get enough gold to make a decent amount of money.

Anyone got anymore ideas that are legal?

Now the online game gold farming is actually legal. It's just against the terms of service of most online games so the only bad thing that could happen is that your account get's banned or all the money you earned as a result of it confiscated by the court. The only cases I've heard of court action against people is by large scale gold farmers who make like 6 figures a year from their gold farming activities.

#2 churchill

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Posted 25 June 2012 - 09:42 AM

None of those sounds like easy money, for future reference there is no such thing.

1. You have to feed, house and sell the fish, I presume the more exotic the fish the more expensive but also the more difficult it is to raise, I know someone who has been doing this for quite a while with little success.

2. For the farming, you pay of will not be much and it takes a long time.

3. For this you have to sit there hour upon hour, doing the same boring stuff, per hour I think you can make more waiting tables, it may pay off for someone living in China who has very low living costs though. Create a guide for the game and manage to flog it to others, then you will make more, but of course this has been done already.

For money on the side you could try tutoring children, but this depends entirely upon how patient you are and if you are a good teacher. Other than that I would harness whatever skills you have on offer.
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#3 forever freedom

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Posted 25 June 2012 - 02:35 PM

Other than having a large amount of money/property and earning interest on it, passive income is very hard to attain and will probably not be "passive" at all. You'll have to put in a lot of time to create AND maintain the source of "passive" income. So it's actually just normal work.


Concerning internet passive income, start a blog, write about something you're passionate about and make money through ads.

Write ebooks about many subjects. Write ebooks about "how to get rich quick". These sell the most and fastest. Really.


This guy started a series of blog posts about how to earn passive income.

http://www.stevepavl...-income-series/

http://www.stevepavl...passive-income/

http://www.stevepavl...passive-income/

http://www.stevepavl...ve-income-goal/

http://www.stevepavl...ve-income-goal/

http://www.stevepavl...passive-income/

http://www.stevepavl...-more-generous/

http://www.stevepavl...passive-income/

http://www.stevepavl...income-systems/

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#4 DAMABO

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Posted 25 July 2012 - 12:41 PM

Other than having a large amount of money/property and earning interest on it, passive income is very hard to attain and will probably not be "passive" at all. You'll have to put in a lot of time to create AND maintain the source of "passive" income. So it's actually just normal work.


Concerning internet passive income, start a blog, write about something you're passionate about and make money through ads.

Write ebooks about many subjects. Write ebooks about "how to get rich quick". These sell the most and fastest. Really.



how much pages do you suggest optimal for ebooks? I have some 170 pages, but I'm not sure what to do with it, the topics are quite diverse, and perhaps should be divided into separate books, with a little extra elaboration. I suppose it's best to focus on one topic, unless there is some plot or story connecting those different topics. what do you suggest? greets

and how about paper books?

Edited by DAMABO, 25 July 2012 - 12:43 PM.


#5 churchill

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Posted 25 July 2012 - 01:46 PM

Other than having a large amount of money/property and earning interest on it, passive income is very hard to attain and will probably not be "passive" at all. You'll have to put in a lot of time to create AND maintain the source of "passive" income. So it's actually just normal work.


Concerning internet passive income, start a blog, write about something you're passionate about and make money through ads.

Write ebooks about many subjects. Write ebooks about "how to get rich quick". These sell the most and fastest. Really.



how much pages do you suggest optimal for ebooks? I have some 170 pages, but I'm not sure what to do with it, the topics are quite diverse, and perhaps should be divided into separate books, with a little extra elaboration. I suppose it's best to focus on one topic, unless there is some plot or story connecting those different topics. what do you suggest? greets

and how about paper books?


Writing the book is the easy part, essentially what this job is is marketing to people, so if you are good at that then give it a go, but if you don't like selling then this route is probably not for you.

#6 DAMABO

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Posted 25 July 2012 - 06:29 PM

Writing the book is the easy part, essentially what this job is is marketing to people, so if you are good at that then give it a go, but if you don't like selling then this route is probably not for you.


Me personally, I'm not really in it for the money, although some would be nice. My question pertained mainly to nevertheless making a book look somewhat interesting to read, by for instance knowing how to define the subject. I have some suspicion that a clear-defined 'goal' of the book, is the best way to sell a book. For instance, Kurzweil always has clearly defined goals, such as 'how to live long enough to ...', his newest book he has described as 'how to reverse engineer the brain' or something, his other books also have clearly defined subjects. For my book, I deal with many topics, this is why I doubt to publish it like this, without any rearranging. 'how to make money' is another such well defined 'goal' of the book. Perhaps I have yet to understand the 'goal' of my book. greets

#7 Pirate

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Posted 07 October 2012 - 01:46 AM

For my book, I deal with many topics, this is why I doubt to publish it like this, without any rearranging. 'how to make money' is another such well defined 'goal' of the book. Perhaps I have yet to understand the 'goal' of my book.



Sounds like you should be taking each of those topics, expanding* them as need be, and selling individual ebooks. That way each can have their own "goal" as you have defined it. This way you could also build your "name" as an "expert".

*lots of ebooks use their short length as their selling point. I've seen and read lots of 30 page or less ebooks.

#8 DAMABO

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Posted 08 October 2012 - 08:26 PM

Sounds like you should be taking each of those topics, expanding* them as need be, and selling individual ebooks. That way each can have their own "goal" as you have defined it. This way you could also build your "name" as an "expert".

*lots of ebooks use their short length as their selling point. I've seen and read lots of 30 page or less ebooks.


In the meanwhile, some things have changed. I have compartimentalized them into different books (of 80-100 pages) and am still working on them.
Furthermore, I have made a website for all aspiring writers to write on non-fiction subjects - science, technology, philosophy, politics, and their interplay - with longevity of course being an important topic.

#9 DAMABO

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Posted 10 October 2012 - 02:56 PM

We seek people who want to write about all these interesting subjects. People who can write quality stuff may be able to get a pay. For instance, after an initial blog and reviewing your credentials, we will give you $5 dollars per 500-1000 word blog or book discussion; or we could advertise your latest book or website. Whether/ how much exactly we will pay you will depend on credentials, previous experience and your initial blog. You can submit your initial blog/book review here. For paid services, you can send your cv with all relevant information via the contact form.
By the way, we also want people to write 10-30 page articles to feature in a yearly paperback. Any such article can be posted in the same link, preferrably with a biography, bibliography, websites and anything you consider relevant (keep it lower than 300 words however). Here, no direct payment is involved, but of course, editing, marketing and cover services would cost the self-publishing author quite a buck.




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