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Peer to peer lending is basically 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 say $25 to each person (you and a few 100 additional 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 these involve people who had a problem, couldnt find an easy solution and so 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 posts through an affiliate application. Continue reading >
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It's a lot harder to initiate a business from scratch than it is to get an existing (and effective ) 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 suffer from a deficiency of information, we suffer from 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 control for it just like a mofo. (I apologize for not setting an excellent example with 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 from head office; out of food distribution to leasehold to training, mind 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 my site you far greater than $1k annually in income so to speak, but hey, every dollar counts.
Well, if you get someone to take care of 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 pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using themin less quantity.
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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 outside the box with this idea and recognize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means exactly 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 concept is to find 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 good deal of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.
The notion rests on your product adding a ton of value to users 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, because it basically involves executing Michael Gerbers e-Myth idea 110 percent i.e. so much so, that you're this content 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 nuggets of knowledge spread through 100s of posts.
How much more useful is to your reader in the Event You created a unified manual Continue reading >
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This is different to the imitation store thought above, since here site web its not an online shop were building, but rather a content-rich site with tons of product-focused posts and videos etc, and matching Amazon affiliate links.