Three Business "Passive Income" Ideas
By Miguel Dos Anjos
Bonds: Invest
in a Business Using Bonds
Vending Machines (restock, and collect the money every 2 weeks)
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 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.
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
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
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