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Peer to peer lending is basically what the name states; 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 world). You lend state $25 to every person (you and a few 100 additional individuals together 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 them involve people who had a issue, couldnt find an easy solution and so decided to just get an innovative product manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles through 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 grow it.
So why not simply 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 have problems with a deficiency of information, we suffer from a scarcity 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 charge for it just like a mofo. (I apologize for not setting a very good case with this comprehensive and structured 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 from head office; from food supply 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 actually going to net you much more 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 many horror stories of individuals investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated check these guys out 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 recognize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means exactly 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 purchase. 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 merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, especially 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 great lead generator for additional reading future premium product sales.
The idea rests on your product 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 of, as it essentially useful reference involves executing Michael Gerbers e-Myth thought 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 average blog is like the average wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of articles.
How much more useful is to your reader if you created a unified guide Continue reading >
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This is different to the imitation shop thought above, since here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.