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Peer to peer lending is basically 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 couple 100 other individuals collectively 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 them involve individuals who had a issue, couldnt find an easy solution and decided to just get an innovative merchandise 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 much harder to initiate a business from scratch than it is to buy an existing (and successful) business and grow 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 lack of information, we suffer from a lack of available informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized 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 requires so much support from head office; from food distribution to leasehold to 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 much more than $1k annually in income check to speak, but 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 so many horror stories of people investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. 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 significant work, 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 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 find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, particularly of plugins, and is also quite popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The idea rests on your own merchandise adding a ton of value to customers 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 basically 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 average blog is like the average wardrobea complete fecking jumble, with gold nuggets of wisdom spread throughout 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 thought above, because here its not an online store were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.