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Peer to peer lending is basically what the name says; you chuck 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 additional people together 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 people who had a problem, couldnt find an easy solution and so decided to just get an innovative product manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest posts through an affiliate application. Continue reading >
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It is a lot more difficult to startup a business from scratch than it is to buy an existing (and effective ) business and expand it.
So why not simply 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 have problems with a scarcity of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge to it like a mofo. (I apologize for not setting an excellent case for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system requires so much support from head office; from food supply to leasehold to training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this as its not actually going to net you far more than $1k a year in income to speak, but see this hey, every dollar counts.
Well, if you get someone to look after 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 anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using them, albeit in less quantity.
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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 realize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like with 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 idea is to find 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 should you use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion 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 >
Here is the craziest kind of passive income I can think of, because it basically involves executing Michael Gerbers e-Myth thought 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 view to the average wardrobea complete fecking jumble, with check out this site gold nuggets of wisdom spread through 100s of posts.
How much more useful is to your reader if you created a unified guide Continue reading >
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That is different to the fake store idea above, because here its not an online shop were building, but instead a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.