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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 too 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 benefit in rental money week after week is really cool. Continue reading .
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Therefore the idea here is simpleyou build the site and do the online marketing, whilst someone else creates the info product, whether that be an ebook, online class, template or whatever. You move 50-50.
I really like this idea and thats why weve teamed up with a lawyer friend to make some valid kits for online sale. Continue reading >
Were getting desperate 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 basically what the name states; you throw a bunch of money into an online account and then divvy it up among dozens of people looking for loans around the country (or world). You lend say $25 to each person (you and a couple 100 additional people together give that person enough money for their loan). Continue reading >.
If you look at 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 so decided to simply get an innovative product manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It is significantly more difficult to initiate a business from scratch than it is to buy an existing (and successful) 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 suffer from a lack of information, we have problems with a lack of accessible 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 for it like a mofo. (I apologize for not setting a very good example with this comprehensive and organized informative article on all the different passive income flows around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of funds to make and promote a product, but you have thoughts 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 really all that passive, since the system needs so much support in head office; from food supply to leasehold to training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this as its not really going to net you much 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 look after the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are 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 nowadays. 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 work, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super simple to publish 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 buy. Continue reading >
The concept is to find 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 if you do 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 lots of WordPress developers, particularly of plugins, and is also visit this web-site 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 merchandise sales.