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Peer to peer lending is essentially what the name says; you chuck 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 state $25 to each person (you and a couple 100 other people together give that person enough money for their loan). Continue reading .
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a problem, 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 shop many using Shopify and spread the word through online networking, guest articles through an affiliate program. Continue reading >
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It is a lot harder to startup a business from scratch than it is to buy 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 have problems with a scarcity of accessible informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just 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 all that passive, since the system needs so much support from head office; from 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 because its not really going read this to net you much more than $1k a year in income to speak, but hey, 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 people investing in their mates bar or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost 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 serious job, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super simple to submit 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 idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.
The idea rests on your product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, because it basically involves executing Michael Gerbers e-Myth idea 110%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 check these guys out fecking jumble, read this article with gold nuggets of wisdom spread throughout 100s of articles.
Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation shop idea above, because here is not an online store were building, but rather a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.