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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Obviously this is not very passive and somethings might be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your closet), but this is just another kind 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 build the website and do the online marketing, whilst someone else generates the info product, whether that be an ebook, online course, template or whatever. You go 50-50.
I really like this idea and 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 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 planet ). You lend say $25 to every person (you and a few 100 other individuals together give that person enough great site money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve individuals who website here had a problem, couldnt find an easy solution and so 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 posts via an affiliate program. Continue reading >
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It's significantly more difficult to startup a business from scratch than it is to buy an existing (and successful) business and expand 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 suffer from a lack of information, we have problems with a scarcity of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it like a mofo. (I apologize for not setting a very good example with this comprehensive and structured article on all the different passive income streams around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of capital to make and promote a product, however you have ideas for products that fill actual gaps 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 needs so much support from head office; from food distribution to leasehold to training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not actually going to net you much greater than $1k annually 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 many horror stories of individuals investing in their mates pub or bar or whatever, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals are still using themin less volume.
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Before we jump in, a reasonable 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 realize 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 previously, 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 reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income flow for many WordPress developers, particularly check my blog 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 great lead generator for future premium merchandise sales.