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Peer to peer lending is basically what the name states; you chuck 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 state $25 to each person (you and a couple 100 other people collectively give that person enough money for their loan). Continue reading >.
If you look at 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 just 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 articles via an affiliate program. Continue reading >
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It's much more difficult to startup a business from scratch than it is to get 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 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 pair, you can charge to it like a mofo. (I apologize for not setting an excellent example for this comprehensive and organized 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; out of food distribution to leasehold to training, head 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 much more than $1k a year in income 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 so many horror stories of individuals investing in their mates bar or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious work, but can pay off big time. Its important to think outside 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 for their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion rests on your own merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think about, as it essentially 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 navigate to this website like the average wardrobea complete fecking mess, with golden nuggets of wisdom spread throughout 100s of articles.
How much more useful would it be to your reader if you created a unified manual Continue reading >
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That is different to the imitation shop idea above, since here its not an online shop were building, but rather a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.