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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 bargain with (i.e. anything big that doesnt fit in your closet), but hey, this is just another form of rental income and the ability to benefit in rental money week after week is pretty cool. Continue reading .
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Therefore the idea here is simpleyou construct the site and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online course, template or anything. You move 50-50.
I love this idea and thats why weve teamed up with a lawyer friend to create some valid kits for online sale. Continue reading >
Were getting distressed with this one. Like David Hasselhoff on the bathroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is basically what the name states; you throw 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 each person (you and a couple 100 additional people 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 people resource 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 store many using Shopify and spread the word through online networking, guest posts via an affiliate application. Continue reading >
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It's much more difficult to startup a business from scratch than it is to get an existing (and effective ) business and expand it.
So why not just stump up a few 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 scarcity 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 to it just like a mofo. (I apologize for not setting a very good case for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
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If youre not super excited about risking a bunch of funds to make and sell a product, but you need ideas for products that fill real gaps in the current market, you could turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support in head office; out of food supply to leasehold to training, head 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 a year in income to speak, but every dollar counts.
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Well, if you get someone to take care of 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 whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using them, albeit in less quantity.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think beyond the box with this idea and recognize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means just like with the stock photography idea previously, 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 to their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even if you do use a whole lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for many WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.