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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 might be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your cupboard ), but hey, this is just another form of rental income and the capacity to benefit in rental money week after week is pretty cool. Continue reading >.
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So the idea here is simpleyou build the website and do the online marketing, whilst someone else generates the info merchandise, whether that's an ebook, online class, template or anything. You move 50-50.
I really like this idea and weve teamed up with a lawyer friend to create some legal kits for online sale. Continue reading >
Were getting desperate with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to eat his cheeseburger desperate.
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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 state $25 to every person (you and a couple 100 other individuals collectively 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 these involve individuals straight from the source who had a issue, couldnt find an easy solution and decided to just get an innovative product manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate application. Continue reading >
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It's significantly harder to initiate a index business from scratch than it is to get an existing (and effective ) business and expand it.
So why not simply stump up a couple thousand and then have a cash-generating machine in your hands Continue reading >
In todays world we dont have problems with a deficiency of information, we have problems with a lack of available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge to it like a mofo. (I apologize for not setting an excellent case 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 discover here a bunch of capital to create and promote a product, but you need ideas for products that fill actual openings in the current market, you could turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support in head office; out of food supply to leasehold to training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you far more than $1k a year in income 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 many horror stories of people 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 individuals are still using themin less volume.
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Before we jump in, a fair word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means just like with the stock photography thought previously, 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 find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront job can involve a reasonable 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 many 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 great lead generator for prospective premium product sales.