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Peer to peer lending is basically what the name says; you throw 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 each person (you and a few 100 additional people 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, youll notice many of these involve individuals who had a problem, couldnt find an easy solution and decided to just get an innovative product 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 program. Continue reading >
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It's much harder to startup a business from scratch than it is to buy 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 suffer from a scarcity of accessible informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it 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; 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 visit homepage this as its not really going to net you much more than $1k a year 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 many horror stories of people investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using them, albeit in less volume.
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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 idea and recognize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means just like using 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 for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do use a good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that Read Full Article pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.
The idea rests on your own merchandise 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 the craziest kind of passive income I can think about, because 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 similar to the average wardrobea complete fecking mess, with gold nuggets of knowledge 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 fake store idea above, because here its not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos , and matching Amazon affiliate links.