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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 planet ). You lend state $25 to every person (you and a few 100 additional people together 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, then youll notice many of them involve people who had a issue, 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 posts through an affiliate program. Continue reading >
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It's a lot harder to startup a business from scratch than it is to get 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 have problems with a deficiency of information, we suffer from a scarcity of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it just like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured article on all the different passive income streams 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; out of 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 as its not really going to net you far more than $1k annually in site income so to speak, but hey, 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 so many horror stories of people investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals 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 work, 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 >
Websites like Cafepress make it super simple to publish designs, which means exactly 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 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 merchandise and servicesrelated for their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do 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 is also their website rather popular amongst bloggers who pump out plenty 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 merchandise 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 of, because it basically involves executing Michael Gerbers e-Myth idea 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 average blog is similar to the average wardrobea complete fecking jumble, with golden nuggets of wisdom spread through 100s of articles.
Just how much more useful is to your reader in the Event You created a unified manual Continue reading >
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That is different to the fake shop thought above, look at these guys because here its not an online store were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.