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Peer to peer lending is basically what the name states; you throw a bunch of money into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend state $25 to each person (you and a couple 100 additional individuals 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 people who had a issue, couldnt find an easy solution and decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online store 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 effective ) business and grow it.
So why not just 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 suffer from a deficiency 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 set, you can control for it like a mofo. (I apologize for not setting an excellent case with this comprehensive and structured 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 from head office; out of food supply to leasehold to training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not really going to net you much greater than $1k annually in income so 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 individuals investing in their mates bar or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less quantity.
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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 easy to submit designs, which means just like using the stock photography idea 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 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 if you do 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 visit the website lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The notion rests on your own product 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 about, 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 like the ordinary wardrobea complete fecking mess, with additional reading gold nuggets of knowledge spread through 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 fake shop idea above, because 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.