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Peer to peer lending is basically what the name states; 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 planet ). You lend say $25 to each person (you and a couple 100 other people together 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, then youll notice many of them involve people who had a issue, 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 application. Continue reading >
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It is much harder to startup a business from scratch than it is to get 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 have problems with a lack of information, we have problems with 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 for it like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint all that passive, since the system needs so much support from head office; from food supply to leasehold to training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you much greater than $1k annually in income 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 many horror stories of people investing in their mates bar or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But index 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 outside the box with this idea and recognize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super easy 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 idea is to find 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 job can involve a fair bit of programming, even should you use a good deal 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, particularly of plugins, and it is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The idea rests on your product 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 craziest kind of passive income I can think of, as it essentially involves executing Michael Gerbers e-Myth idea 110%i.e. so much so, that you are 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 golden nuggets of wisdom spread throughout 100s of posts.
How much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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That is different to the imitation store thought above, because useful link here is not an online store were building, but instead a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.