In this post you will learn :

• How to generate passive income
• Review of the best proven methods to generate passive income

Passive income is key to early retirement. In fact, the current model is you work all your life to accumulate enough assets, so you can "retire" based on those assets. My goal is to review all the possible ways someone can earn this money and help you make a decision on which makes the most sense for you. Remember, every great and successful people are bad at many things, but they are really really good at only a few. You need to find and understand what are your strengths (even if you have only 1), focus on it and become the best at it. For example, writing an ebook is not for everyone, so if you have no interest, don't try to do it, but perhaps, you might be very good at finding great growth companies to invest in.

Here are some ideas about passive income. These ideas are best since they are really passive (after setting them up). They might require a few hours per week to manage.

• Interest/ Fixed-Income returns
• Dividend yield stocks
• Option trading
• Peer-to-peer lending
• Rental income
• home-sharing income (Airbnb)
• Affiliate marketing
• Amazon reselling

Not so passive income:

• Drive for uber

• test websites (usertesting.com)

• Get free stuff from Craigslist, fix it and resell it

• Write content online

• Manage social media for companies

• Tutoring

• Dog walking

• Baby sitting

• Lease a parking spot

• Rent out your car (getaround)

• Teach lessons

• Do chores

• Be a tour guide

• Start an automated car wash

• Niche dating site

• Flip websites on flippa

In the next few months, we will go through each of those passive income ideas one by one and analyze each of them.

Reference:

• Tim's 30