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Peer to peer lending is essentially what the name states; you chuck 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 people 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, youll notice many of these involve people who had a issue, 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 posts via an affiliate program. Continue reading >
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It's a lot harder to initiate a business from scratch than it is to buy an existing (and effective ) business and expand it.
So why not simply 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 lack of information, we suffer from a scarcity of available 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 for it just like a mofo. (I apologize for not setting an excellent example for 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 requires so much support from head office; from food distribution to leasehold to training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you far greater than $1k annually in 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 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 are still using themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some significant 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 >
Sites like Cafepress make it super easy to submit designs, which means just like with the stock photography thought previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. 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 products and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for many WordPress developers, particularly of plugins, and it is also quite 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 merchandise sales.
The idea rests on your product adding a ton of value to users lives and you 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 basically involves executing Michael Gerbers e-Myth thought 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 average blog is like the average wardrobea complete fecking mess, with golden nuggets of wisdom click here to read spread through 100s of posts.
Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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That is different to the imitation store idea above, since here is not an online shop were building, but instead a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.