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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 large that doesnt fit in your closet), but hey, this is only another kind of rental income and the capacity to reap in rental money week after week is pretty cool. Continue reading .
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So the idea here is simpleyou build the site and do the online marketing, whilst someone else creates the info product, whether that's an ebook, online class, 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 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 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 world). You lend state $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 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 via an affiliate application. Continue reading >
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It is much harder to initiate a business from scratch than it is to get an existing (and effective ) business and expand browse this site 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 lack of information, we suffer from a scarcity of available 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 like a mofo. (I apologize for not setting an excellent case for this comprehensive and organized informative 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 capital to create and sell a product, however you have ideas for products that fill actual gaps in the current 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 from head office; out of food supply to leasehold into training, head office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not actually going to net you far 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, rather darn passive. Continue reading >
Oh no! There are so many horror stories of individuals 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 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 outside the box with this thought and recognize that any niche can work nicely. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means just 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 merchandise and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers who pump out plenty of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.