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Peer to peer lending is essentially 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 planet ). You lend say $25 to each person (you and a couple 100 additional individuals collectively 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 these involve people who had a issue, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest posts through an affiliate application. Continue reading >
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It's much more difficult to startup a business from scratch than it is to get an existing (and successful) 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 lack 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 pair, you can control for it like a mofo. (I apologize for not setting a very good case with this comprehensive and organized article on all the different passive income flows 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 in head office; out of food distribution to leasehold into training, mind 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 so to speak, but hey, every dollar counts.
Well, if you get someone to look after the fulfillment side of things, pretty 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 whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost 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 significant job, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just 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 find a bunch of people involved, creating content through forums and articles, 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 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, especially of plugins, and is also rather popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The idea rests on your 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, because it essentially involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, read this that you are no longer involved in the daily running of the business.
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The average blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of wisdom spread through 100s of articles.
Just how much more useful would it be to your reader if you created a unified manual Continue reading >
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This is different to the imitation shop 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 etc, and matching Amazon affiliate links.