Three Business "Passive Income" Ideas

By Miguel Dos Anjos

Silent Partner in a Business:

                You can make/turn a business into passive income by being a silent partner. There are risks involved, as in any other business. Here you need to make sure your vision, and beliefs are aligned with your partner’s. You would then be coming in with capital, but leaving running the business fully, or for the most part for your partner. You both collect profits, and are also, both responsible for the business.


Bonds: Invest in a Business Using Bonds
Bonds are loans, that an investor provides the borrower, usually big corporations, or the government, and collect their money back with interest. When companies or the government need to raise money for projects they will issue bonds. USA federal government bonds are considered the safest bonds since in case of a recession by the time the federal government fails, all the other companies and institutions in the country will by then be gone. Also, if needed the government, even though not a good thing, can always print more money.


Vending Machines (restock, and collect the money every 2 weeks)
You will need to get the machines and find the locations. There is a big variety of vending machine types, including smaller gum-ball and other candy machines, drinks, snacks, healthy snacks, games, and others. You may start with one or two machines of your desired size and price, see how you feel about it and scale it up with time. Another option is buying used machines on craigslist instead of brand new ones, making sure to get a good item (machine) for a more affordable price.

Finding good locations is helpful for great returns. After finishing setting it up; the machines will need to be restocked every other week or so, and you can go collect your money whenever you want it. If the machine stops taking money, or the location owner calls you saying that the machine became empty too soon it is ideal to attend the machine, and refill it as soon as possible to increase profits and keep the location owner happy. For this business to be extremely profitable, it will require time, and high scalability, meaning many many machines. Another option is to hire a person to attend your machines for you.   
Are you interested in one of this investments? Do you have another investment type that interests you? Leave your comment in the comment section down below, and subscribe to our email list to be notified of the next post. 
My video on this subject: 3 Business Passive Income Ideas
Visit our YouTube channel for more passive income ideas: Make/Save/Invest

Comments

Popular posts from this blog

Make/Save/Invest - Intro

The 15 Strategies of Debt Free People

Why the Rich Invest Their Money?

How to: Open Webull Account | Investing Account

Eliminate Debt in 4 Steps

Click to get my NEW book:

Click to get my book:

Popular posts from this blog

How I Invested $2k During the Pandemic!!

Why the Rich have Multiple Income Sources

Eliminate Debt in 4 Steps

Make/Save/Invest - Intro

Online Course or Guide

Subscribe here to get new posts:

Visit me on YouTube:

Follow:

Total Pageviews