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Peer to peer lending is basically 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 planet ). You lend state $25 to every person (you and a few 100 additional 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, then youll notice many of them involve individuals who had a problem, couldnt find an easy solution and so 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's much harder to startup a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not just 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 suffer from a lack of information, we suffer from a lack of accessible 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 charge for it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized article on all the different passive income flows 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 in 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 as its not really going to net you far greater than $1k annually in income so to speak, but hey, every dollar counts.
Well, if you get someone to take care of 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 bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using them, albeit in less quantity.
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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 outside 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 submit designs, which means just like using the stock photography thought previously, you can pump a ton of designs in an afternoon and leave them up there waiting for people to purchase. 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 merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do 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, particularly of plugins, and it is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.
The idea rests on your own product adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think of, as 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 ordinary blog is similar to the average wardrobea complete fecking mess, with gold nuggets their website of knowledge spread throughout 100s of posts.
How much more useful would it be to your reader in the Event You created a unified guide Continue reading >
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That is different to the fake shop idea above, because here its not an online shop were building, but instead a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.