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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 could be a biaaaatch to deal with (i.e. anything big that doesnt fit in your closet), but 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 website and do the online marketing, whilst someone else generates the info merchandise, whether that's 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 legal kits for online sale. Continue reading >
Were getting distressed with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to determine how to consume 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 world). You lend state $25 to every person (you and a couple 100 other individuals together give that person enough money for their loan). Continue reading >.
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve individuals who 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 store many using Shopify and spread the word through online networking, guest articles through an affiliate program. Continue reading >
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It is much more difficult to initiate a business from scratch than it is to get an existing (and successful) business more helpful hints 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 deficiency of information, we have problems with a lack of accessible informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it just like a mofo. (I apologize for not setting an excellent example 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, however you have thoughts for products that fill actual gaps in the market, you could turn into 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 into training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not really 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, rather darn passive. Continue reading >
Oh no! There are many horror stories of people investing in their mates pub or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using them, albeit in less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this thought and realize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought above, you can pump a ton of designs in an afternoon and leave them up there waiting for people to buy. Continue reading >
The idea is to get 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 work 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 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.