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Peer to peer lending is basically what the name states; you throw 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 state $25 to every person (you and a few 100 other 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, youll notice many of them involve individuals 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 store many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It's much harder to initiate a business from scratch than it is to get 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 deficiency of information, we suffer from a scarcity of available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it just like a mofo. (I apologize for not setting an excellent case with this comprehensive and structured 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 in head office; out of food supply 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 greater than $1k annually in income 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 people investing in their mates pub or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using them, albeit in less volume.
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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 thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means exactly like using 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 idea 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 job can involve a fair bit of programming, even should you use a good deal of template and existing off-the-shelf applications. Continue reading >
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This try this out is a favorite passive income stream for many WordPress developers, especially of plugins, visit site and it is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The idea rests on your merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the most bizarre 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 ordinary blog is like the average wardrobea complete fecking mess, with gold nuggets of knowledge spread through advice 100s of articles.
How much more useful would it be to your reader if you created a unified guide Continue reading >
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That is different to the fake shop thought above, because here is not an online shop were building, but rather a content-rich website with tons of product-focused posts and videos etc, and matching Amazon affiliate links.