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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 every person (you and a couple 100 other people 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 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 set up 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 get an existing (and successful) business and grow it.
So why not simply 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 have problems with a lack of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting a very good 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; out of food supply to leasehold into training, head office aint a passive area 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 to speak, but 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 volume.
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Before we jump in, a reasonable 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 realize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means exactly like using 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 merchandise and servicesrelated for 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 applications. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and 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 own merchandise 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 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 average blog is similar to the average wardrobea complete fecking jumble, with gold see this here nuggets of knowledge spread through 100s of articles.
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 imitation shop 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 etc, and matching Amazon affiliate links.