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Peer to peer lending is essentially 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 additional individuals together give that person enough money for their loan). Continue reading .
If you examine 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 so 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 posts via an affiliate application. Continue reading >
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It's much harder to startup a business from scratch than it is to buy an existing (and successful) business and grow 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 deficiency of information, we have problems with a lack of accessible informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it just 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; out of food distribution to leasehold into training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you far greater than $1k a year 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 so many horror stories of individuals investing in their mates pub or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. 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 significant 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 >
Sites like Cafepress make it super easy to publish designs, which means exactly like with 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 concept is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a good deal of template and existing off-the-shelf applications. 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 who pump out index plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The idea rests on your merchandise adding a ton of value to customers lives and you also 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 thought 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 similar to the ordinary wardrobea complete fecking jumble, with gold nuggets of wisdom spread throughout 100s of articles.
How much more useful is to your reader if you created a unified manual Continue reading >
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This is different to the fake shop thought above, since here its not an online store were official website building, but instead a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.