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Peer to peer lending is essentially 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 couple 100 other individuals 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, youll notice many of them involve individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative merchandise 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 much more difficult to initiate a business from scratch than it is to buy an existing (and successful) business and expand 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 suffer from 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 pair, you can control to it like a mofo. (I apologize for not setting a very good example for 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 all that passive, since the system needs so much support from 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 resource its not actually going to net you far more than $1k annually in income so to speak, but 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 individuals investing in their mates pub or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But people look at this site are still using themin less volume.
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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 outside the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like using 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 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 for their interests. Continue reading >
The upfront work 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 favorite passive income stream for lots of WordPress developers, especially of plugins, and is also rather internet popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The idea rests on your merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth thought 110 percent 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 mess, with gold nuggets of knowledge spread throughout 100s of articles.
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 thought above, since here its not an online store were building, but instead a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.