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Peer to peer lending is essentially 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 other individuals collectively 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 setup a simple online shop many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It is much harder to initiate a business from scratch than it is to buy an existing (and successful) 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 have problems with a lack of available informationthe kind that is organized and easy 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 with this comprehensive and organized informative article on all the different passive income flows around;-RRB-. Continue reading >
In case youre not super excited about risking a bunch of capital to create and sell a product, but you need thoughts for products that fill actual openings in the current market, you could turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system requires so much support from head office; from 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 as its not really going to net you far more than $1k a year 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 pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using themin less volume.
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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 beyond the box with this thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means just like with the stock photography idea 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 get 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 job can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income flow for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The idea rests on your own product adding a ton of value to customers lives and you systematically and nicely / in a fun manner, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, as it basically involves executing Michael Gerbers 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 link ordinary blog is like the average wardrobea complete fecking mess, with gold nuggets of knowledge spread through 100s of posts.
Just how much more useful is to your reader if you created a unified manual Continue reading >
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That is different to the imitation shop idea above, linked here because here its not an online shop were building, but instead a content-rich site with tons of product-focused articles and videos etc, and matching Amazon affiliate links.