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Peer to peer lending is basically what the name states; you chuck a bunch of money into an online account and then divvy it up among dozens of people looking for loans around the country (or planet ). You lend say $25 to every person (you and a couple 100 other individuals together give that person enough money for their loan). Continue reading >.
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It is a lot harder to startup a business from scratch than it is to buy an existing (and effective ) business and expand it.
So why not just stump up a few thousand and then have a cash-generating machine in your hands Continue reading >
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In todays world we dont suffer from a lack of information, we suffer from a scarcity of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it like a mofo. (I apologize for not setting a very good case with this comprehensive and organized informative article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system requires so much support from head office; from food supply to leasehold to training, head office aint a passive area to be. Continue reading >
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I kinda try this hate myself for including this because its not really going to net you much greater than $1k annually in income so to speak, but hey, every dollar counts.
Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are many horror stories of individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using them, albeit in less volume.
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Before we jump in, a fair word of warning this is gonna take some serious job, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography idea above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for many WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The notion rests on your product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think about, because it basically involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you are no longer involved in the daily running of the business.
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The ordinary blog is like the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified guide Continue reading >
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This is different to the fake shop thought above, because here is not an online store were building, but instead a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.