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'' I hadnt really thought about this idea until I came across an online bedding shop recently. Continue reading >
Obviously this is not too passive and somethings could be a biaaaatch to deal with (i.e. anything large that doesnt fit in your closet), but this is just another form of rental income and the capacity to reap in rental money week after week is really cool. Continue reading .
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Therefore the idea here is simpleyou construct the website and do the online marketing, whilst someone else creates the info merchandise, 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 a lawyer 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 says; 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 each person (you and a couple 100 other individuals 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, then youll notice many of them involve people who had a problem, couldnt find an easy solution and decided to simply 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 much harder to startup a business from scratch than it is to buy an existing (and effective ) business and grow it.
So why not simply stump up a few thousand and then have a cash-generating machine in your hands Continue reading >
In todays world we dont have problems with a lack of information, we suffer from a lack of Visit Your URL available 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 control to it just like a mofo. (I apologize for not setting a very good example with 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 capital to make and promote a product, but you have ideas for products that fill actual gaps in the market, you could become a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support in head office; from food supply to leasehold into training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you much more than $1k annually in income so to speak, but every dollar counts.
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Well, if you get someone to look after the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are so many horror stories of individuals investing in their mates bar or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals are still using them, albeit in less quantity.
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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 recognize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means just like using 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 buy. Continue reading >
The idea is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront job can involve a fair bit of programming, even should you use a whole lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.