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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 state $25 to each person (you and a few 100 additional individuals together give that person enough money for their loan). Continue reading >.
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then 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 posts through an affiliate program. Continue reading >
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It is a lot harder to initiate a business from scratch than it is to buy an existing (and effective ) 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 deficiency of information, we have problems with 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 set, you can control for 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 >
If youre not super excited about risking a bunch of capital to make and promote a product, however you need ideas for products that fill actual openings in the market, you could become a professional inventor.
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system requires so much support in head office; out of food supply to leasehold into training, head 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 greater than $1k annually in income so to speak, but every dollar counts.
Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
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Oh no! There are so many horror stories of people investing in their mates bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using themin 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 recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography thought previously, 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 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 fair bit of programming, even if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for many Going Here WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The notion rests on your own product 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 of, as it basically involves executing Michael Gerbers e-Myth idea 110 percent 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 golden nuggets of a knockout post wisdom spread throughout 100s of posts.
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 imitation store thought above, because here is not an online store were building, but instead a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.