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Peer to peer lending is basically 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 world). You lend say $25 to each person (you and a few 100 additional 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, then youll notice many of these involve individuals who had a problem, couldnt find an easy solution and 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 through an affiliate program. 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 grow it.
So why not just 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 deficiency of information, we suffer from a lack of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support in head office; from 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 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, pretty 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 almost feel antiquated nowadays. But individuals are still using themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious work, but can pay off big time. Its important to think beyond the box with this idea and recognize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like using 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 idea is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront work 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 stream for lots of WordPress developers, especially of plugins, and 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 notion rests on your own product adding a ton of value to users lives and you also systematically and nicely / in a fun way, 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 thought 110%i.e. so much so, that you are no longer involved in the daily running of the business.
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The average blog is similar to the ordinary wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s check out this site of articles.
How much more useful is to your reader if you created a unified manual Continue reading >
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This is different to the fake shop idea above, since here its not an online shop were building, but instead a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.