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Peer to peer lending is essentially what the name says; you throw a bunch of money 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 couple 100 additional 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, then youll notice many of these involve people who had a issue, couldnt find an easy solution and 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 through an affiliate application. Continue reading >
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It is 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 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 suffer from a lack of information, we have problems with a scarcity 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 charge to it just like a mofo. (I apologize for not setting a very good example with this comprehensive and structured article on all the different passive income streams around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch of capital to make and promote a product, however you have thoughts for products that fill real openings in the current market, you could turn into a professional inventor.
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 distribution to leasehold to training, mind office aint a passive area to be. Continue reading >
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I kinda hate myself browse around here for including this because its not really going to net you much 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, pretty darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly Resources feel antiquated these days. But individuals are still using them, albeit in less weblink 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 outside the box with this idea and recognize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means just like using the stock photography thought 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 concept is to get 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 job 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 popular passive income stream for lots of WordPress developers, especially of plugins, and is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The idea rests on your own product adding a ton of value to customers 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 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 average blog is like the average wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful is to your reader in the Event You created a unified manual Continue reading >
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That is different to the fake store thought above, since here its not an online store were building, but rather a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.