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Peer to peer lending is essentially what the name states; you chuck 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 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 people who had a issue, couldnt find an easy solution and so decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest posts through an affiliate program. 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 successful) business and expand it.
So why not simply 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 suffer from a deficiency 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 example with this comprehensive and organized informative 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 needs so much support from head office; out of food supply 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 as its not actually going to net you much more than $1k a year in income to speak, but hey, 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 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 almost feel antiquated nowadays. But people are still using themin less quantity.
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Before we jump in, a reasonable 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 thought and realize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like using 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 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 work can involve a fair 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 flow for lots of WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.
The notion rests on your merchandise adding a ton of value to users lives and you also systematically and nicely / in a fun way, asking for donations. Continue reading >
This is the craziest kind of passive view income I can think about, because it essentially involves executing Michael Gerbers e-Myth thought 110%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 average wardrobea complete fecking jumble, with golden nuggets of wisdom spread throughout 100s of posts.
How much more useful would it be to your reader if you created a unified guide Continue reading >
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This is different to the fake store thought above, because here is not an online store were building, but instead a content-rich website with tons of product-focused posts and videos , and matching Amazon affiliate links.