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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 say $25 to each person (you and a couple 100 other individuals together 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, 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 a lot more difficult to startup a business from scratch than it is to buy 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 suffer from a lack of information, we suffer from a scarcity of available informationthe kind that's 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 case for this comprehensive and organized informative article on all the different passive income streams 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 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 as its not actually going to net you far greater than $1k a year 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 many horror stories of people investing in their mates bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using themin less volume.
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Before we jump in, a fair 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 idea and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means exactly like using 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 concept is to find a bunch of people involved, creating content through forums and articles, 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 if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for many WordPress click this link developers, especially of plugins, and it is also quite 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 product sales.
The idea rests on your own merchandise 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 craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers e-Myth idea 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 like the ordinary wardrobea complete fecking jumble, with golden nuggets of wisdom spread through 100s of articles.
Just how much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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That is different to the fake shop thought above, since here its not an online store were building, but instead a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.