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Peer to peer lending is essentially what the name states; 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 world). You lend say $25 to each person (you and a couple 100 other people 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 them involve people who had a issue, couldnt find an easy solution and decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest posts 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 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 have problems with a lack of information, we suffer from a scarcity of accessible informationthe kind that is 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 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 intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; from food distribution to leasehold to training, mind 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 far more than $1k a year in income 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, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using them, albeit in less quantity.
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Before we jump in, a reasonable 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 idea and realize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography thought above, you can pump 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 posts, and then sell them all kinds of products and servicesrelated for 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 popular passive income stream for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The idea rests on your product adding a ton of value to users lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think about, because it basically involves executing Michael Gerbers e-Myth idea 110 percent 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 jumble, with gold nuggets of wisdom spread through 100s of posts.
Just how much more useful would it be to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation store thought above, because here is not an online store were building, but instead a content-rich site with tons of product-focused Look At This posts and videos , and matching Amazon affiliate links.