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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 very passive and somethings could be a biaaaatch to deal with (i.e. anything large that doesnt fit in your cupboard ), 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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Therefore 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 course, 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 valid kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is essentially 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 examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a problem, couldnt find an easy solution and so decided to just get an innovative product manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate application. Continue reading >
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It's much harder to startup a business from scratch than you could try this out it is to buy an existing (and effective ) business and grow it.
So why not simply 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 top article available informationthe kind that is organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control to it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and structured informative 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 funds to make and sell a product, but you have ideas for products that fill real openings 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 requires so much support from head office; from food supply to leasehold into training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not really going to net you far 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 so many horror stories of individuals investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals 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 work, but can pay off big time. Its important to think outside the box with this thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like with 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 buy. 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 products and servicesrelated to their interests. Continue reading >
The upfront job can involve a fair 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 internet passive income flow for many WordPress developers, especially of plugins, and it 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.