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Peer to peer lending is basically what the name says; you chuck 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 look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a problem, couldnt find an easy solution and decided to just get an innovative product manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts through an affiliate program. Continue reading >
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It is much more difficult to initiate a business from scratch than it is to buy 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 deficiency of information, we suffer from a lack of accessible informationthe kind that's organized and easy 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 structured informative 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 needs 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 because its not really going to net you far 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 many horror stories of individuals investing in their mates pub or bar or whatever, that 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 fair word of warning this is gonna take some serious work, 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 simple to publish designs, which means exactly like with the stock photography idea previously, 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 get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair 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 popular passive income flow for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The idea rests on your own merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
Here is the most bizarre kind his explanation of passive income I can think of, because 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 like the ordinary wardrobea complete fecking jumble, with gold nuggets of knowledge spread through 100s of articles.
Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation store idea above, since here is not an online store were building, but rather a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.