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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 planet ). You lend say $25 to every person (you and a few 100 other people collectively give that person enough money for their loan). Continue reading .
When you examine 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 decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate program. Continue reading >
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It is a lot 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 deficiency of information, we suffer from a lack of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized informative article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system needs so much support in head office; out of food supply 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 as its not really going to net you much more than $1k a year 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 many horror stories of people investing in their mates pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using themin less volume.
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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 thought and realize that any niche can work well. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like with the stock photography thought above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The concept is to find a bunch of people involved, creating content through forums and posts, 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 good deal of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income stream for many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers who pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.
The notion 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 >
Here is the craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers visit our website e-Myth thought 110%i.e. so much so, that you're no longer involved in the daily running of the business.
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The ordinary blog is like the ordinary wardrobea complete fecking jumble, with golden nuggets of wisdom spread through 100s of posts.
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 store idea above, since here is useful content 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.