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Peer to peer lending is basically 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 state $25 to each person (you and a couple 100 other individuals collectively give that person enough money for their loan). Continue reading >.
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of them involve people who had a problem, couldnt find an easy solution and decided to simply 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 via an affiliate application. Continue reading >
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It's much harder to startup a business from scratch than it is to get an existing (and successful) business and expand 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 lack of information, we have problems with a lack of accessible informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control for it just like a mofo. (I apologize for not setting an excellent case with this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch of funds to make and sell a product, but you need ideas for products that fill actual openings in the current market, you could click now turn into a professional inventor.
I dont want you to think so intricate. 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 area to be. Continue reading >
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I kinda hate myself for including this Read More Here because its not really going to net you much more than $1k a year in income 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 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 Full Report almost feel antiquated these days. But people are still using them, albeit in less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this thought and realize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like with the stock photography idea above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase. Continue reading >
The idea is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for 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 programs. Continue reading >
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This is a favorite passive income stream for many WordPress developers, especially of plugins, and is also quite popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.
The idea rests on your own product 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 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 running of the business.
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The ordinary blog is similar to the average wardrobea complete fecking jumble, with golden nuggets of wisdom spread throughout 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 imitation store thought above, because here its not an online store were building, but instead a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.