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Peer to peer lending is basically what the name states; 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 every person (you and a couple 100 additional individuals 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, youll notice many of these involve people who had a issue, couldnt find an easy solution and so decided to just get an innovative merchandise 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 program. Continue reading >
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It is 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 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 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 for it just like a mofo. (I apologize for not setting a very good example 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 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 area to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you much greater than $1k a year in income to speak, but hey, every dollar counts.
Well, if you get someone to look after 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 whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But people are still using themin less volume.
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Before we jump in, a fair 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 >
Sites like Cafepress make it super easy 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 purchase. 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 job can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a redirected here fantastic lead generator for prospective premium merchandise sales.
The notion 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 >
Here 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 are no longer involved in the daily running of the business.
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The ordinary blog is similar to the ordinary wardrobea complete fecking jumble, with golden nuggets of wisdom spread throughout 100s of articles.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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This more helpful hints is different to the fake store idea above, because here is not an online store were building, but rather a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.