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Peer to peer lending is basically what the name states; 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 state $25 to each person (you and a couple 100 additional individuals collectively give that person enough money for their loan). Continue reading >.
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of them 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 store many using Shopify and spread the word through online networking, guest posts through an affiliate program. 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 grow 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 suffer from a scarcity of accessible informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it like a mofo. (I apologize for not setting an excellent 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 really all that passive, since the system needs so much support from head office; from food distribution to leasehold into training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you far greater 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, rather darn passive. Continue reading >
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Oh no! There are many horror stories of individuals investing in their mates pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious work, but can pay off big time. Its important to think outside the box with this idea and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like with 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 purchase. Continue reading >
The concept is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront work can involve a reasonable 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 favorite passive income flow for lots of WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product 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 manner, asking for donations. Continue reading >
This is the most bizarre kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you are no longer involved in the daily running content of the business.
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The ordinary blog is similar to the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s of articles.
How much more useful is to your reader if you created a unified manual Continue reading >
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That is different to the imitation store thought above, because here is not an online store were building, but rather a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.