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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 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 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 store many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It's much more difficult to startup a business from scratch than it is to buy an existing (and effective ) 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 have problems with a lack of information, we have problems with a lack of available informationthe kind that is organized and simple 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 example for this comprehensive and structured article on all the different passive income flows 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 area to be. Continue reading >
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I kinda hate myself for including this as its not really going to net you much more my link than $1k annually 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, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But people 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 work, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can work well. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means exactly like using the stock photography thought previously, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The concept is to get 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 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 stream for check out here many WordPress developers, particularly of plugins, and is also quite popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.
The idea rests on your product adding a ton of value to users lives and you also 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 thought 110 percent 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 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 in the Event You created a unified manual Continue reading >
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That is different to the fake shop idea above, because here its best site 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.