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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 say $25 to every person (you and a couple 100 other people together give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then 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 setup a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate application. Continue reading >
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It is much harder to startup a business from scratch than it is to buy an existing (and effective ) business and expand it.
So why not just 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 deficiency of information, we have problems with a lack 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 charge to it just like a mofo. (I apologize for not setting a very good case with this comprehensive and organized 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 needs so much support in head office; out of food distribution to leasehold into training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you much greater 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 individuals investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 significant job, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like with the stock photography idea previously, 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 find 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 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 many WordPress developers, especially of plugins, and is also rather popular amongst bloggers who pump out lots of useful content other for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The notion rests on your own merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think about, as it essentially involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you're 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 jumble, with golden nuggets of knowledge spread through 100s of articles.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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This is different to the imitation shop idea above, since here is not an online shop were building, but rather a content-rich website with tons of product-focused posts and videos , and review matching Amazon affiliate links.