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Peer to peer lending is essentially what the name says; you throw a bunch of cash 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 each person (you and a few 100 additional people collectively give that person enough money for their loan). Continue reading >.
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a problem, couldnt find an easy solution and so decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate application. Continue reading >
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It is a lot more difficult to initiate a business from scratch than it is to buy an existing (and successful) business and expand it.
So why not simply 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 suffer from a lack of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it like a mofo. (I apologize for not setting a very good case for this comprehensive and organized informative article on all the different passive income flows 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 in head office; from food supply to leasehold into training, mind office aint a passive place to be. Continue reading >
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I site link kinda hate myself for including this because its not actually going to net you much greater than $1k a year in income so to speak, but every dollar counts.
Well, if you get someone to look after the fulfillment side of things, pretty darn passive. Continue reading >
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Oh no! There are many horror stories of people investing in their mates pub or bar or whatever, the thought 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 thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea previously, 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 posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The idea rests on your own merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you're 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 throughout 100s of articles.
How much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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That is different to the fake shop idea above, because here is not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.