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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 world). You lend state $25 to every person (you and a couple 100 other individuals together 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 them involve individuals who had a problem, couldnt find an easy solution and so decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest articles through an affiliate program. Continue reading >
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It is a lot harder to initiate a business from scratch than it is to get an existing (and effective ) business and expand 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 scarcity of accessible informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it 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 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 distribution to leasehold to training, head office aint a passive area to be. Continue reading >
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I kinda hate myself for including this because its not really going to net you much company website greater than $1k a year in income 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 people investing in their mates bar or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. But individuals are still using themin less quantity.
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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 simple to submit designs, which means just like with the stock photography thought previously, you can pump 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 merchandise and servicesrelated to 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 lots of WordPress developers, particularly of plugins, and it is also rather 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 merchandise sales.
The notion rests on your own merchandise adding a ton of value to customers lives and you systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive income I can think about, as it basically involves executing Michael Gerbers e-Myth thought 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 similar to the ordinary wardrobea complete fecking mess, with gold nuggets of knowledge spread throughout 100s of articles.
How much more useful is to your reader if you created a unified manual Continue reading >
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This is different to the fake store thought above, since here is not an online store were building, but instead a content-rich site with tons of product-focused articles and videos , and matching Amazon affiliate links.