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Peer to peer lending is basically what the name says; 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 each person (you and a few 100 additional people 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, youll notice many of them involve people who had a problem, couldnt find an easy solution and decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate program. Continue reading >
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It's a lot harder to startup a business from scratch than it is to get an existing (and successful) 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 deficiency of information, we suffer from a lack of available informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control for it like a mofo. (I apologize for not setting a very good example for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support in head office; from food distribution to leasehold into training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you much more than $1k annually in income to speak, but every dollar useful source 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 many horror stories of people investing in their mates pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost 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 work, 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 >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea above, you can pump out 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 posts, 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 good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The notion rests on your own merchandise adding a ton of value to users lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the craziest kind of passive income I can think about, as it basically involves executing Michael Gerbers e-Myth idea 110%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 average wardrobea complete fecking jumble, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful is to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation shop idea above, since here is not an online store were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.