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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 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, youll notice many of them involve people who had a issue, couldnt find an easy solution and 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 program. Continue reading >
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It is a lot more difficult to startup 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 easy my link to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control for it like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized article on all the different passive income flows 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 in head office; out of 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 as 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 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 pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly 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 significant work, but can pay off big time. Its important to think outside the box with this idea and realize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like using 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 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 work can involve a fair bit of programming, even should you use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The idea rests on your merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, as 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 of the business.
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The average blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of knowledge spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified guide Continue reading >
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This is different to the fake store thought above, because here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.