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Peer to peer lending is essentially what the name states; you throw 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 state $25 to every person (you and a few 100 additional people collectively 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, youll notice many of these involve people who had a issue, couldnt find an easy solution and decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It's a lot more difficult to initiate a business from scratch than it is to get an existing (and effective ) business and grow it.
So why not just stump up a couple 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 have problems with a lack of accessible 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 charge for it just like a mofo. (I apologize for not setting an excellent 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 intricate. I mean, Subway aint really all that passive, since the system needs so much support in head office; from food distribution to leasehold into training, mind office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not really going to net you far greater than $1k annually in income to speak, but hey, every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. 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 idea and realize that any niche can work well. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means just like with the stock photography thought 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 get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront job can involve a fair 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 lots of WordPress developers, especially of plugins, and is also rather popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) my explanation not to mention a fantastic lead generator for prospective premium merchandise sales.
The idea rests on your own product adding a ton of value to customers lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you Homepage 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 wisdom spread throughout 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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That is different to the fake shop idea above, since here is not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.