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Peer to peer lending is essentially 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 say $25 to every person (you and a few 100 other 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 these involve individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative product 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 is much more difficult to startup a business from scratch than it is to buy an existing (and successful) business and expand 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 lack of information, we suffer from a scarcity of accessible 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 to it like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured informative article on all the different passive income flows around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; out of food supply 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 far greater than $1k annually in income to speak, but every dollar counts.
Well, if you get someone to take care of 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 pub or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using themin less quantity.
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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 beyond the box with this idea and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought 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 articles, and then sell them all kinds of products and servicesrelated for 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, particularly of plugins, and it Home Page is also rather popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The notion rests on your merchandise adding a ton of value to users lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the craziest 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 are no longer involved in the daily running of the business.
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The average blog Recommended Reading is similar to the average wardrobea complete fecking jumble, with gold nuggets of knowledge spread throughout 100s of posts.
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 fake store idea above, because here its not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.