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Peer to peer lending is basically 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 world). You lend state $25 to every person (you and a few 100 other people together give that person enough money for their loan). Continue reading .
If you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a issue, 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 posts through an affiliate program. Continue reading >
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It is much more difficult to startup a business from scratch than it is to get an existing (and successful) 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 suffer from a lack of information, we have problems with a scarcity of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it just like a mofo. (I apologize for not setting a very good case for this comprehensive and structured informative article on all the different passive income flows 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 in head office; out of food distribution to leasehold into training, head office aint a passive place to be. Continue reading >
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I kinda hate myself for including this because its not really going to net you far more than $1k a year in income so to speak, but hey, every dollar counts.
Well, if you get someone to look after 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, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals 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 significant job, but can pay off big time. Its important to think beyond 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 with the stock photography thought 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 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 is also rather popular amongst bloggers who you could try these out pump out plenty of useful content for free look at this site (eg Steve Pavlina) not to mention a fantastic 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 >
Here is the most bizarre kind of passive income I can think about, as 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 business.
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The average blog is like the ordinary wardrobea complete fecking check this mess, with gold nuggets of wisdom spread throughout 100s of posts.
Just how much more useful is to your reader if you created a unified guide Continue reading >
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That is different to the fake shop thought above, because here its not an online shop were building, but rather a content-rich website with tons of product-focused articles and videos etc, and matching Amazon affiliate links.