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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Clearly this is not very 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 capacity to benefit in rental money week after week is really 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 be an ebook, online course, template or whatever. You move 50-50.
I really like this idea and weve teamed up with an attorney friend to create 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 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 additional individuals 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, pop over to this web-site then youll notice many of them involve people who had a issue, couldnt find an easy solution and so decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online shop many using Shopify and spread the word through online networking, guest posts through an affiliate program. Continue reading >
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It's much harder to startup a business from scratch than it is to buy an existing (and effective ) business and expand 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 suffer from 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 an excellent 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 capital to create and promote a product, but you have ideas for products that fill actual openings 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 requires so much support in head office; out of 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 actually going to net you much greater than $1k a year 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, pretty darn passive. Continue reading >
Oh no! There are many horror stories of individuals investing in their mates pub or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel read more antiquated nowadays. But people are still using them, Get More Information 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 idea and realize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like using the stock photography idea 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 find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of products and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you 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 lots of WordPress developers, particularly of plugins, and 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.