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Peer to peer lending is essentially 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 say $25 to every person (you and a couple 100 additional 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 them involve individuals who had a issue, couldnt find an easy solution and decided to simply 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 articles through an affiliate application. Continue reading >
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It is much more difficult to startup 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 suffer from a deficiency of information, we suffer from a lack of accessible informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just 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 all that passive, since the system requires so much support in head office; out of 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 much more than $1k a year in income to speak, but every go to this site dollar counts.
Well, if you get someone to take care of 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 them, albeit in less quantity.
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Before we jump in, a reasonable 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 well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like with 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 concept is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products 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 popular passive income flow for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The idea rests on your merchandise 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 about, because it essentially involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you're 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 wisdom spread through 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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This is different to the fake store idea above, because here its not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.