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Peer to peer lending is basically what the name says; 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 every 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 these involve individuals who had a issue, couldnt find an easy solution and so decided to simply 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 initiate a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not simply 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 deficiency of information, we have problems with 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 charge to it like a mofo. (I apologize for not setting a very good case with this comprehensive and structured informative article on all the different passive income streams 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; out of food supply to leasehold into 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 actually going to net you much greater than $1k a year in income 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 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 people are still using them, albeit in 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 >
Websites like Cafepress make it super easy to submit 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 purchase. Continue reading >
The idea is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront job can involve a fair bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for many WordPress developers, especially of plugins, and 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 notion 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 most bizarre kind of passive income I can think about, because it essentially 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 resource business.
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The ordinary blog is like the average wardrobea complete fecking mess, with gold nuggets of wisdom spread throughout 100s of articles.
Just how much more useful is to your reader if you created a unified guide Continue reading >
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This is different to the fake store idea above, since here is 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.