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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 deal with (i.e. anything big that doesnt fit in your cupboard ), but this is just another form of rental income and the ability to reap in rental money week after week is really cool. Continue reading .
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Therefore the idea here is simpleyou construct the website and do the online marketing, whilst someone else creates the info product, whether that be an ebook, online class, template or anything. You move 50-50.
I really like this idea and thats why weve teamed up with an attorney friend to create some legal kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to figure out how to eat 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 say $25 to every person (you and a few 100 other individuals 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, youll notice many of these involve individuals who had a problem, couldnt find an easy solution and decided to just get an innovative merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles through an affiliate application. Continue reading >
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It's much harder to initiate a business from scratch than it is to get an existing (and successful) business and grow it.
So why not simply stump up a few 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 scarcity of accessible informationthe kind that is organized and easy to this post use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge to it like a mofo. (I apologize for not setting a very good case with this comprehensive and organized 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 capital to create and sell a product, but you have ideas for products that fill real gaps 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 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 as its not really going to net you much more than $1k a year in income 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 people investing in their mates bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But individuals are still using them, albeit in less quantity.
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Before we jump in, a fair word of warning this is gonna take some serious job, but can pay off big time. Its important to think beyond the box with this thought and realize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to submit designs, which means exactly like with the stock photography idea 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 get a bunch of people involved, creating content through forums and posts, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a reasonable bit of programming, even should you use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income stream for lots of WordPress developers, particularly 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 fantastic lead generator for prospective premium merchandise sales.