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Peer to peer lending is essentially what the name states; you throw a bunch of cash into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend say $25 to each person (you and a few 100 additional 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, then youll notice many of them involve individuals who had a issue, couldnt find an easy solution and 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 articles via an affiliate program. Continue reading >
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It's much more difficult 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 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 lack of information, we suffer from a scarcity 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 charge for it just like a mofo. (I apologize for not setting an excellent case for this comprehensive and organized informative article on all the different passive income flows around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system requires so much support from head office; from food supply to leasehold to training, head 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 much greater than $1k a year 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 idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals 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 work, but can pay off big time. Its important to think beyond the box with this idea and realize that any niche can work nicely. Continue reading >
Websites 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 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 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 his response passive income stream for lots of WordPress developers, especially of plugins, Check This Out and is also rather popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The notion 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 >
Here is the most bizarre kind of passive income I can click to find out more 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 ordinary blog is like the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s of posts.
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 shop thought above, because here is not an online shop were building, but rather a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.