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Peer to peer lending is essentially what the name says; 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 world). You lend state $25 to each person (you and a couple 100 other people 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, then youll notice many of them involve people who had a issue, couldnt find an easy solution and so decided to simply 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 a lot harder to initiate a business from scratch than it is to buy an existing (and successful) 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 suffer from a lack of information, we suffer from a scarcity of available informationthe kind that is organized and simple 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 example with 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 in head office; out of food distribution to leasehold into 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 really going to net you far more than $1k annually in income to speak, but every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates bar or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 beyond the box with this thought and recognize 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 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 many WordPress developers, particularly go to my blog of plugins, and it is read the full info here also quite popular amongst bloggers that pump out lots of useful 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 customers 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're no longer involved in the daily running of the business.
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The average blog is similar to the average wardrobea complete fecking mess, with golden nuggets of knowledge spread through 100s of articles.
How much more useful is 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.