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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 too passive and somethings might be a biaaaatch to bargain 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 site and do the online marketing, whilst someone else generates the info product, whether that's an ebook, online course, template or whatever. You move 50-50.
I really like this idea and weve teamed up with a lawyer friend to make some legal kits for online sale. Continue reading >
Were getting desperate with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to determine how to consume his cheeseburger desperate.
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Peer to peer lending is basically 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 every person (you and a couple 100 additional people collectively give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve people who had a issue, couldnt find an easy solution and so decided to just 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 via an affiliate application. Continue reading >
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It is significantly harder to initiate a business from scratch than it is to get 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 lack of information, we suffer from a scarcity of accessible 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 for it just like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured informative article on all the different passive income flows around;-RRB-. Continue reading >
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If youre not super excited about risking a bunch of funds to create and promote a product, but you need ideas for products that fill real openings in the market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system requires so much support in head office; from food distribution 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 useful content than $1k annually in income so Learn More 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 individuals investing in their mates pub or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using themin 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 beyond the box with this idea and recognize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super easy to submit designs, which means exactly 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 concept is to find a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated to 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 programs. Continue reading >
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This is a popular passive income flow for many WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.