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Peer to peer lending is basically 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 world). You lend state $25 to each person (you and a few 100 additional people collectively 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 merchandise manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest posts via an affiliate application. Continue reading >
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It is a lot more difficult to initiate a business from scratch than it is to buy an existing (and effective ) business and expand it.
So why not just 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 lack of information, we have problems with a lack of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it like a mofo. (I apologize for not setting an excellent example for 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 create and promote a product, but you need ideas for products that fill real openings in the current market, you could become 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 supply 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 because 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 take care of the fulfillment side of things, rather darn passive. Continue reading >
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Oh no! There are 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 nowadays. But people are still using them, albeit in less quantity.
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Before we jump in, a reasonable 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 realize that any niche can work well. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like with the stock photography thought above, you can pump 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 articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a lot 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 it is also rather popular amongst bloggers who pump out plenty of check useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The idea rests on your own product adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the craziest kind of passive income I can think about, because 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 average wardrobea complete fecking jumble, with golden nuggets of wisdom spread throughout 100s of articles.
Just how much more useful is to your reader in the Event You created a unified guide Continue reading >
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This is different to the imitation shop thought above, because here is not an online shop were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.