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Peer to peer lending is essentially 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 planet ). You lend state $25 to each person (you and a couple 100 other individuals together 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 them involve people who had a problem, couldnt find an easy solution and decided to just get an innovative merchandise 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 program. Continue reading >
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It's a lot harder 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 have problems with 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 set, you can charge for it like a mofo. (I apologize for not setting a very good example with this comprehensive and structured article on all the different passive income flows around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support in head office; from food distribution to leasehold into training, mind office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not actually going to net you far more than $1k a year in income to speak, but hey, every 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 individuals investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly 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 job, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work well. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means exactly like using 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 idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.
The idea rests on your own merchandise adding a ton of value to users 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 about, as it essentially involves executing Michael Gerbers e-Myth thought 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 ordinary blog is like the average wardrobea complete fecking mess, with golden nuggets of knowledge spread throughout 100s of articles.
Just how much more useful is to your reader if you created a unified manual Continue reading >
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This is different to the fake shop idea above, since here is not an online store were building, but instead a content-rich website with tons of product-focused posts and videos here are the findings etc, and matching Amazon affiliate links.