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Peer to peer lending is essentially what the name states; 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 planet ). You lend state $25 to every person (you and a few 100 additional people collectively 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, youll notice many of these involve individuals who had a problem, couldnt find an easy solution and decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest articles 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 get an existing (and successful) business and grow 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 have problems with a deficiency of information, we have problems with a lack of accessible 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 to it like a mofo. (I apologize for not setting a very good example for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support from head office; out of food distribution 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 because its not really going to net you much more than $1k annually in income so 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 pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. 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 significant work, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like with the stock photography idea above, you can pump out a ton of designs in an afternoon and leave them up there waiting for people to purchase. Continue reading >
The concept 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 work can involve a reasonable bit of programming, even should you use a good deal of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for many WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future 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 way, asking for donations. Continue reading >
Here is the most bizarre kind of passive income I can think of, because it essentially involves executing Michael Gerbers e-Myth thought 110%i.e. so much so, that you're Residual Income In Austria - Passive Residual Income no longer involved in the daily running of the business.
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The ordinary blog is similar to the average wardrobea complete fecking mess, with golden nuggets of wisdom spread through 100s of posts.
How much more useful is to your reader in the Event You created a unified guide Continue reading >
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This is different to the imitation store idea above, because here is not an online store were building, but instead a content-rich site with tons link of product-focused posts and videos etc, and matching Amazon affiliate links.