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Peer to peer lending is essentially what the name says; 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 world). You lend state $25 to each person (you and a few 100 other people collectively give that person enough money for their loan). Continue reading >.
When 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 so 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 posts via an affiliate program. Continue reading >
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It's a lot more difficult 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 couple 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 deficiency of information, we suffer from a scarcity 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 charge for 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 intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; out of food supply to leasehold to training, mind 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 much more than $1k a year in income so 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 individuals investing in their mates bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly 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 serious job, but can pay off big time. Its important to think beyond the box with this idea and recognize that any niche can work well. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means just like using the stock photography thought 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 get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and it is also quite popular amongst bloggers that pump out lots site link of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future 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 about, as it essentially involves executing Michael Gerbers e-Myth idea 110 percent additional reading 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 like the average wardrobea complete fecking jumble, with gold nuggets of knowledge spread throughout 100s of posts.
Just how much more useful is to your reader if you created a unified manual Continue reading >
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That is different to the imitation shop thought above, because here its not an online store were building, but rather a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.