Post Ideas For How Someone Could Generate $30-$60 Consistently Every Day As Passive Income?

[LiIZaneFan1978]

How can I make $900-$1800 a month by doing nothing??

 

[50CentStan]

Someone told me that if you buy stocks you can’t file your taxes until later in the year? Is that true?

@KING WILL @50CentStan

Just seen this. Nah breh u file same time. But u gotta wait for those tax forms. I forgot what they are k4 or some shyt. It's a little more difficult if u file yourself. But its doable. But make sure u have all forms from your broker before filing. Don't just file as soon as u got your work w9 or 1099.

 

[PhillyzFinest]

Ideas?

My secret formula is going to Flippa.com

If you want passive income, you need to do like the rich do. Buy yourself an asset.

The rich buy assets... and assets produce leveraged/portfolio/passive income.

You can buy websites, domains or apps that are already generating revenue. Usually, people start the site up, get it making money, but don't have the time or energy to maintain the situation.

What you want to do is win a bid for a website within your budget (I would come in with $2000 - $3000) and get a website in an industry that excites/interests you.

When you buy it, the seller will spend 30 days schooling you on how the website works... where to get the info... what work is needed... how the money is made... where the accounts go... etc.

Once you have the system down, work it out really well. If a website is making $400 a month off of Google adsense revenue for example... work the system until it gets to about $800 a month. This might take four hours per week over two to three months to get done.

But once it's finished, you now have a website/app asset that gets you $800 a month

The key is to outsource the tedious grunt work

For one of my sites, I just pay $20 a week to some girl in Thailand to post on the social media account and answer emails...

So do the math... $80 a month for a site that generates $800 a month in income. One hour of week to oversee and maintain and it's as good as gold. You'll be at $25 a day in passive income.

Rinse and repeat... you'll have your $30-$60 in passive income in no time.

Eat on knowledge brehs…

 

[Jimmy Two-Times™]

My secret formula is going to Flippa.com

If you want passive income, you need to do like the rich do. Buy yourself an asset.

The rich buy assets... and assets produce leveraged/portfolio/passive income.

You can buy websites, domains or apps that are already generating revenue. Usually, people start the site up, get it making money, but don't have the time or energy to maintain the situation.

What you want to do is win a bid for a website within your budget (I would come in with $2000 - $3000) and get a website in an industry that excites/interests you.

When you buy it, the seller will spend 30 days schooling you on how the website works... where to get the info... what work is needed... how the money is made... where the accounts go... etc.

Once you have the system down, work it out really well. If a website is making $400 a month off of Google adsense revenue for example... work the system until it gets to about $800 a month. This might take four hours per week over two to three months to get done.

But once it's finished, you now have a website/app asset that gets you $800 a month

The key is to outsource the tedious grunt work

For one of my sites, I just pay $20 a week to some girl in Thailand to post on the social media account and answer emails...

So do the math... $80 a month for a site that generates $800 a month in income. One hour of week to oversee and maintain and it's as good as gold. You'll be at $25 a day in passive income.

Rinse and repeat... you'll have your $30-$60 in passive income in no time.

Eat on knowledge brehs…

 

[Uitomy]

Learn photography, sell prints
I’m not consistently everyday selling prints
But I can charge a grip of money that kinda makes up for a sale every other day. Took awhile to get to this point tho, only something I’d recommend to start as a hobby at first but considering the initial investment the profit margin is pretty big

 

[Cin]

My secret formula is going to Flippa.com

If you want passive income, you need to do like the rich do. Buy yourself an asset.

The rich buy assets... and assets produce leveraged/portfolio/passive income.

You can buy websites, domains or apps that are already generating revenue. Usually, people start the site up, get it making money, but don't have the time or energy to maintain the situation.

What you want to do is win a bid for a website within your budget (I would come in with $2000 - $3000) and get a website in an industry that excites/interests you.

When you buy it, the seller will spend 30 days schooling you on how the website works... where to get the info... what work is needed... how the money is made... where the accounts go... etc.

Once you have the system down, work it out really well. If a website is making $400 a month off of Google adsense revenue for example... work the system until it gets to about $800 a month. This might take four hours per week over two to three months to get done.

But once it's finished, you now have a website/app asset that gets you $800 a month

The key is to outsource the tedious grunt work

For one of my sites, I just pay $20 a week to some girl in Thailand to post on the social media account and answer emails...

So do the math... $80 a month for a site that generates $800 a month in income. One hour of week to oversee and maintain and it's as good as gold. You'll be at $25 a day in passive income.

Rinse and repeat... you'll have your $30-$60 in passive income in no time.

Eat on knowledge brehs…

what type of content does the site post and who decides and why do you recommend a $2000-3000 site

 

[PhillyzFinest]

what type of content does the site post and who decides and why do you recommend a $2000-3000 site

One of my websites is in the sweepstakes industry... tons of google adsense and affiliate clicks available... it brings in about $1000 in profit.

I recommend $2000 - $3000 as a starter for people who want to get in. Usually, the sale of a site is about 10-20x the monthly revenue it brings in.

For example a site that makes $200 a month can go for $2k to $4k on the market... depending on how LONG the site has been making that type of bread.

Also you don't wanna play yourself and burn $10k for a site you don't know how to work.

If you got it, do it... but be careful

Biggest thing is to check for how LONG the site has generated the money. Don't buy a site that says it makes $500 a month but it's only been running for two months. that's a trick ... and someone is looking for a quick flip.

 

[Primetime]

My secret formula is going to Flippa.com

If you want passive income, you need to do like the rich do. Buy yourself an asset.

The rich buy assets... and assets produce leveraged/portfolio/passive income.

You can buy websites, domains or apps that are already generating revenue. Usually, people start the site up, get it making money, but don't have the time or energy to maintain the situation.

What you want to do is win a bid for a website within your budget (I would come in with $2000 - $3000) and get a website in an industry that excites/interests you.

When you buy it, the seller will spend 30 days schooling you on how the website works... where to get the info... what work is needed... how the money is made... where the accounts go... etc.

Once you have the system down, work it out really well. If a website is making $400 a month off of Google adsense revenue for example... work the system until it gets to about $800 a month. This might take four hours per week over two to three months to get done.

But once it's finished, you now have a website/app asset that gets you $800 a month

The key is to outsource the tedious grunt work

For one of my sites, I just pay $20 a week to some girl in Thailand to post on the social media account and answer emails...

So do the math... $80 a month for a site that generates $800 a month in income. One hour of week to oversee and maintain and it's as good as gold. You'll be at $25 a day in passive income.

Rinse and repeat... you'll have your $30-$60 in passive income in no time.

Eat on knowledge brehs…

Yo... this is a good idea

 

[Primetime]

So something like watchsjewelrydeals.com

WatchesJewelryDeals.com - website listed on Flippa

10 bids so far at $160.00.
Site is 2 years old, with $38.month profit
Droppingshipping site.

@PhillyzFinest what else would you look for in a website sale like this? Any red flags

From a glance it looks super low risk and an easy way to get your feet wet in the business even though $38 a month itself is chump change.

 

[PhillyzFinest]

So something like watchsjewelrydeals.com

WatchesJewelryDeals.com - website listed on Flippa

10 bids so far at $160.00.
Site is 2 years old, with $38.month profit
Droppingshipping site.

@PhillyzFinest what else would you look for in a website sale like this? Any red flags

From a glance it looks super low risk and an easy way to get your feet wet in the business even though $38 a month itself is chump change.

March though June ‘18 has absolutely no revenue. No spending no revenue no nothing.

This tells me that even after you buy, you gotta throw hundreds in to get something back. And that’s not much.

Also shows there’s no activity unless you’re spending a bunch to advertise.

$515 to make back $661?

It appears the seller is propping it up to make it look attractive.

But if you gotta spend that much to get something back every month? Something wrong.

I would pass.

But kudos to you for looking. Pay some more attention to the details.

 

[Jimmy Two-Times™]

March though June ‘18 has absolutely no revenue. No spending no revenue no nothing.

This tells me that even after you buy, you gotta throw hundreds in to get something back. And that’s not much.

Also shows there’s no activity unless you’re spending a bunch to advertise.

$515 to make back $661?

It appears the seller is propping it up to make it look attractive.

But if you gotta spend that much to get something back every month? Something wrong.

I would pass.

But kudos to you for looking. Pay some more attention to the details.

How did you get into this if you don't mind me asking and could you refer me to some good sources for this kind of work?

 

[PhillyzFinest]

How did you get into this if you don't mind me asking and could you refer me to some good sources for this kind of work?

Reading Rich Dad Poor Dad and the Cashflow Quadrant when I was 21 years old. I was getting kicked out of college because I couldn't afford school and I failed to qualify for a loan. I was extremely bitter. In spite of a 3.5 GPA and numerous involvements I was still broke and couldn't continue school. My mentor at the time left me with this. "If there's anything I can leave you with. Read Rich Dad Poor Dad and The Cashflow Quadrant. If I read these books at 15, there's no telling where I'd be. I'm begging you to read it."

First week back I read through both books.

You really have to get a deeper understanding of how money works and how the rich do it.

Like I said, the rich buy assets. And assets produce leveraged, passive and portfolio income. This is money you're getting without WORKING long hours for it.

That's the secret. It's money, yes. But it's also TIME.

If you're trading your time to get paid, your income is EARNED income. But with leveraged income... you are leveraging the efforts of others or a system to make MORE money. There's a big difference between a lawyer and owning a few Starbucks franchises. One makes $125,000 a year but works 70-80 hours a week. The other makes $125,000 a year but leverages the efforts of the baristas, the accountants, the managers... they work 40 hours a week running the system and the operations. The owner may work 10 hours a week and all they do is look at spreadsheets and paperwork because they've established a SYSTEM that makes money for themselves without them having to be there to work night and day.

The best indicator of wealth is this: take every penny out of your bank account. Quit your job. Go on vacation for six months. Come back. Look at your bank account. If nothing has been deposited into your account, you have NO wealth whatsoever. In this case, YOU are your only ASSET. And as the saying goes, "if you don't get your ASS ET to work you won't get paid."

The rich BUY assets. That's why you hear them saying buy Nike stock instead of Nike sneakers. Nike stock can turn your $250 into $500 in a year. Portfolio income. Your sneakers will wear away and be useless in no time.

The rich BUY real estate? Why? Because you can rent it out.... passive income. Leveraged income, because you're leveraging the efforts of the people who are working their jobs... so they can give you their money.

The rich BUY income producing businesses. You hear all the time about how companies acquiring other companies... Comcast buys Dreamworks. Amazon buys Whole Foods. It's simply rich people saying, "hmmm this makes a lot of money every month without me having to do much, lemme buy that."

These income producing sites are assets. It's worth getting into the game.


Good sources?

Rich Dad Poor Dad The Cashflow Quadrant

Start there.

If you have any more questions lemme know.

 

[Jimmy Two-Times™]

Reading Rich Dad Poor Dad and the Cashflow Quadrant when I was 21 years old. I was getting kicked out of college because I couldn't afford school and I failed to qualify for a loan. I was extremely bitter. In spite of a 3.5 GPA and numerous involvements I was still broke and couldn't continue school. My mentor at the time left me with this. "If there's anything I can leave you with. Read Rich Dad Poor Dad and The Cashflow Quadrant. If I read these books at 15, there's no telling where I'd be. I'm begging you to read it."

First week back I read through both books.

You really have to get a deeper understanding of how money works and how the rich do it.

Like I said, the rich buy assets. And assets produce leveraged, passive and portfolio income. This is money you're getting without WORKING long hours for it.

That's the secret. It's money, yes. But it's also TIME.

If you're trading your time to get paid, your income is EARNED income. But with leveraged income... you are leveraging the efforts of others or a system to make MORE money. There's a big difference between a lawyer and owning a few Starbucks franchises. One makes $125,000 a year but works 70-80 hours a week. The other makes $125,000 a year but leverages the efforts of the baristas, the accountants, the managers... they work 40 hours a week running the system and the operations. The owner may work 10 hours a week and all they do is look at spreadsheets and paperwork because they've established a SYSTEM that makes money for themselves without them having to be there to work night and day.

The best indicator of wealth is this: take every penny out of your bank account. Quit your job. Go on vacation for six months. Come back. Look at your bank account. If nothing has been deposited into your account, you have NO wealth whatsoever. In this case, YOU are your only ASSET. And as the saying goes, "if you don't get your ASS ET to work you won't get paid."

The rich BUY assets. That's why you hear them saying buy Nike stock instead of Nike sneakers. Nike stock can turn your $250 into $500 in a year. Portfolio income. Your sneakers will wear away and be useless in no time.

The rich BUY real estate? Why? Because you can rent it out.... passive income. Leveraged income, because you're leveraging the efforts of the people who are working their jobs... so they can give you their money.

The rich BUY income producing businesses. You hear all the time about how companies acquiring other companies... Comcast buys Dreamworks. Amazon buys Whole Foods. It's simply rich people saying, "hmmm this makes a lot of money every month without me having to do much, lemme buy that."

These income producing sites are assets. It's worth getting into the game.


Good sources?

Rich Dad Poor Dad The Cashflow Quadrant

Start there.

If you have any more questions lemme know.

 

[Makavalli]

Reading Rich Dad Poor Dad and the Cashflow Quadrant when I was 21 years old. I was getting kicked out of college because I couldn't afford school and I failed to qualify for a loan. I was extremely bitter. In spite of a 3.5 GPA and numerous involvements I was still broke and couldn't continue school. My mentor at the time left me with this. "If there's anything I can leave you with. Read Rich Dad Poor Dad and The Cashflow Quadrant. If I read these books at 15, there's no telling where I'd be. I'm begging you to read it."

First week back I read through both books.

You really have to get a deeper understanding of how money works and how the rich do it.

Like I said, the rich buy assets. And assets produce leveraged, passive and portfolio income. This is money you're getting without WORKING long hours for it.

That's the secret. It's money, yes. But it's also TIME.

If you're trading your time to get paid, your income is EARNED income. But with leveraged income... you are leveraging the efforts of others or a system to make MORE money. There's a big difference between a lawyer and owning a few Starbucks franchises. One makes $125,000 a year but works 70-80 hours a week. The other makes $125,000 a year but leverages the efforts of the baristas, the accountants, the managers... they work 40 hours a week running the system and the operations. The owner may work 10 hours a week and all they do is look at spreadsheets and paperwork because they've established a SYSTEM that makes money for themselves without them having to be there to work night and day.

The best indicator of wealth is this: take every penny out of your bank account. Quit your job. Go on vacation for six months. Come back. Look at your bank account. If nothing has been deposited into your account, you have NO wealth whatsoever. In this case, YOU are your only ASSET. And as the saying goes, "if you don't get your ASS ET to work you won't get paid."

The rich BUY assets. That's why you hear them saying buy Nike stock instead of Nike sneakers. Nike stock can turn your $250 into $500 in a year. Portfolio income. Your sneakers will wear away and be useless in no time.

The rich BUY real estate? Why? Because you can rent it out.... passive income. Leveraged income, because you're leveraging the efforts of the people who are working their jobs... so they can give you their money.

The rich BUY income producing businesses. You hear all the time about how companies acquiring other companies... Comcast buys Dreamworks. Amazon buys Whole Foods. It's simply rich people saying, "hmmm this makes a lot of money every month without me having to do much, lemme buy that."

These income producing sites are assets. It's worth getting into the game.


Good sources?

Rich Dad Poor Dad The Cashflow Quadrant

Start there.

If you have any more questions lemme know.

Damn breh

 

[Jimmy Two-Times™]

Damn breh

Why are responses like breh's so hard to find?