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Peer to peer lending is basically what the name says; 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 say $25 to each person (you and a few 100 additional people 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, then youll notice many of them involve individuals who had a problem, couldnt find an easy solution and decided to just get an innovative product manufactured themselves.
Theyve then gone and set up 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 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 have problems with a lack of information, we have problems with a lack of available 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 control to it like a mofo. (I apologize for not setting a very good example with this comprehensive and structured 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 in head office; out of food supply to leasehold to 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 really going to net you far greater 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, rather darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates bar 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 them, albeit in less quantity.
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Before we jump in, a fair 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 idea and recognize that any niche can work 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 out 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 to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for many WordPress developers, particularly of plugins, and it is also quite popular amongst why not check here bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The idea rests on your product adding a ton of value to users lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think about, as it basically 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 ordinary blog is similar to the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of articles.
Just how much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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That is different to the fake shop thought above, because here is 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.