The truth is a little more complex than plug-in, collect and sip pina colada on easy street.
Now you can be greedy and use all three, but my advice is to use one master it and then move on to the next.
First research a hungry market where people are desperate for solutions to problems they have.
Once you've done this you will be ready for the first passive profits technique.
Set up a Squidoo Lens.
Its free to join so all you need do is go there register and build your page.
You can then set up Amazon ads and other related affiliate products related to your theme of knitting and be paid a commission for anything that is purchased through your site.
2.
Cafe Press is basically a CPA network where you can tap into all sorts of affiliate products.
However, what most people don't realise is, you can start your own product range in Cafe Press free of charge.
Here's how it works, you design a logo upload it to Cafe Press and then they will present you with a range of products from T-shirts and baseball caps to coffee mugs that will display your logo.
Every time you make a sale they will handle the orders deal with shipping, you never have to lift a finger all you have to do is watch the profits roll in passively over time.
The Next passive income idea involves Amazon P.
D (Print On Demand) system.
Oh and don't be too concerned about whether you're a superstar novelist.
What you need to do to secure passive profits using Amazon's POD is firstly get hold of some private label material it can be in the form of articles, ebooks, CD's even it doesn't really matter which format the most important thing is you must have a licence to use the material.
There are website's online that can do this for you, once you have the book formed go to Amazon to sign up as a publisher you will have to pay a fee for inserting your book once signed up Amazon will provide you with templates to design the cover of your book you can add your name and mug shot if you like too!
Then as with Cafe Press earlier Amazon will host your book on their servers free of charge for life you never have to think about shipping the book or customer complaints all you do is count the passive profits whenever someone buys your book.
So there you have three powerful ways you can start to earn passive profits today I told you how to set up a Squidoo Lens, How to use Cafe Press's product range, and how to get onboard with Amazon POD program to start an instant set and forget passive profits strategy.