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Peer to peer lending is basically 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 say $25 to each person (you and a couple 100 additional people 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, then youll notice many of them involve people who had a problem, 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 articles through an affiliate program. 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 couple 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 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 set, you can control for it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized informative 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 requires so much support from head office; from food distribution 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 because its not really going to net you far more than $1k annually in income to speak, but 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 so many horror stories of individuals investing in their mates pub or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using themin less volume.
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Before we jump in, a reasonable 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 work nicely. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means exactly like with the stock photography idea above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The concept is to get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream 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 fantastic lead generator for prospective premium product sales.
The idea rests on your product adding a ton of value to customers lives and you also systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is look at here now the craziest kind of passive income I can think of, because it basically 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 similar to the ordinary wardrobea complete fecking jumble, with golden nuggets of wisdom 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 click here for more is different to the imitation store thought above, since here is not an online Check Out Your URL shop were building, but instead a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.