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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 say $25 to each person (you and a couple 100 additional 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 just 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 effective ) 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 suffer from a lack of available 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 control to it like a mofo. (I apologize for not setting an excellent example 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 complex. I mean, Subway aint really all that passive, since the system requires so much support from head office; from food supply to leasehold to 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 really going to net you far greater than $1k annually in income so to speak, but 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 people investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin 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 beyond the box with this idea and realize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly 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 buy. Continue reading >
The concept is to get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront work can involve a reasonable 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 flow for many WordPress developers, especially of plugins, and is also quite popular amongst bloggers who pump out lots 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 merchandise adding a ton of value to customers lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the most bizarre kind of passive income try this site 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 wisdom spread through 100s of posts.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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This is different to the fake shop thought above, because here its 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.