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Peer to peer lending is essentially what the name says; 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 planet ). You lend say $25 to every person (you and a couple 100 other individuals together 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 just get an innovative product 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 application. Continue reading >
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It's much more difficult to startup a business from scratch than it is to get an existing (and successful) 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 have problems with 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 just like a mofo. (I apologize for not setting a very good example for this comprehensive and structured article on all the different passive income flows around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; out of food supply to leasehold into training, head office aint a passive area 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 annually in income to speak, but hey, 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 so many horror stories of people investing in their mates pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people 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 beyond the box with this thought and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means exactly like with the stock photography idea above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The concept is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The notion rests on your product 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 most bizarre kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you're no longer involved in the daily More hints running of the business.
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The average blog is like the average wardrobea complete fecking jumble, with gold nuggets of wisdom spread through 100s of articles.
Just how much more useful is to your reader if you created a unified guide Continue reading >
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That is different to the imitation store idea above, because here its not an online shop were building, but rather a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.