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Peer to peer lending is essentially what the name says; you chuck 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 each 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, youll notice many of these involve individuals who had a issue, couldnt find an easy solution and decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest posts via 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 get 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 deficiency of information, we suffer from a lack of available 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 charge to it like a mofo. (I apologize for not setting a very good example with this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system requires so much support in head office; from food supply 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 special info to speak, but every dollar internet 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 so many horror stories of individuals investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less volume.
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Before we jump in, a fair word of warning this is gonna take some serious job, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy 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 idea is to get a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a reasonable 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 popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise 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 >
Here is the most bizarre kind of passive income I can think of, as it essentially 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 ordinary blog is like the ordinary wardrobea complete fecking mess, with gold nuggets of wisdom spread through 100s of articles.
Just how much more useful is to your reader in the Event You created a unified guide Continue reading >
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That is different to the imitation store idea above, since here is not an online shop were building, but instead a content-rich site with tons of product-focused posts and videos , and matching Amazon affiliate links.