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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 might be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your closet), but hey, this is just another kind of rental income and the capacity to benefit in rental money week after week is pretty cool. Continue reading >.
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Therefore 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 course, template or whatever. You go 50-50.
I really like this idea and weve teamed up with an attorney friend to make 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 determine 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 planet ). You lend say $25 to each person (you and a few 100 other 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 these 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 store many using Shopify and spread the word through online networking, guest articles via an affiliate program. Continue reading >
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It's significantly more difficult to initiate a business from scratch than it is to my site get an existing (and effective ) business and grow 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 have problems with a deficiency of information, we suffer from a lack of accessible informationthe kind that's organized and simple 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 a very good example for this comprehensive and structured 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 openings in the market, you could become 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 from head office; out of food distribution to leasehold to training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far greater than $1k a year in income so to speak, but hey, 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 people investing in their mates bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals are still using themin 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 idea and recognize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means exactly like with the stock photography thought above, 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 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 fair 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, 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.