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I hadnt really thought about this idea until I came across an online bedding shop recently. Continue reading >
Clearly this is not too passive and somethings could be a biaaaatch to deal with (i.e. anything big that doesnt fit in your closet), but this is only another kind of rental income and the ability to reap in rental money week after week is pretty cool. Continue reading .
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So the idea here is simpleyou construct the site and do the online marketing, whilst someone else creates the info product, whether that's an ebook, online course, template or whatever. You move 50-50.
I really like this idea and thats why weve teamed up with an attorney friend to make some valid kits for online sale. Continue reading >
Were getting desperate with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to determine how to eat his cheeseburger desperate.
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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 each person (you and a couple 100 additional people together give that person enough money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of them involve individuals who had a issue, couldnt find an easy solution and so decided to just get an innovative merchandise 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 program. Continue reading >
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It is much more difficult to initiate a business from scratch than it is to get an existing (and effective why not try here ) business and expand it.
So why not just stump up a couple thousand and then have a cash-generating machine in your hands Continue reading >
In todays world we dont suffer from a deficiency of information, we have problems with a lack of accessible informationthe kind that's organized and easy 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 >
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If youre not super excited about risking a bunch of funds to create and sell a product, however you have ideas for products that fill actual openings in the market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system requires so much support in head office; from food supply to leasehold into training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far greater than $1k annually in income so to speak, but hey, every dollar counts.
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Well, if you get someone to look after the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are many horror stories of individuals investing in their mates bar or bar or whatever, that 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 fair word of warning this is gonna take some significant work, 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 >
Websites like Cafepress make it super easy to submit 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 buy. 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 lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, particularly of plugins, and it is also quite 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.