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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 very passive and somethings might be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your closet), but hey, this is just another form of rental income and the ability to benefit in rental money week after week is pretty cool. Continue reading >.
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So the idea here is simpleyou construct the website and do the online marketing, whilst someone else creates the info merchandise, whether that be an ebook, online course, template or anything. You go 50-50.
I love this idea and weve teamed up with a lawyer friend to create some legal kits for online sale. Continue reading >
Were getting distressed with this one. Like David Hasselhoff on the bathroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is basically what the name says; you throw 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 each person (you and a few 100 other 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 people who had a problem, couldnt find an easy solution and 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 through an affiliate application. Continue reading >
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It's significantly more difficult to startup a business from scratch than it is to get an existing (and effective ) 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 deficiency of information, we suffer from a lack of available 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 control for it like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized 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 capital to create and promote a product, but you need thoughts for products that fill real gaps in the 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 needs so much support from head office; from food distribution to leasehold to training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you far more than $1k annually in income so to you can try this out speak, but hey, every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, pretty darn passive. Continue reading >
Oh no! There are so many horror stories of people investing in their mates pub or bar or whatever, that 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 quantity.
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Before we jump in, a fair 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 thought and realize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super simple to publish designs, which means exactly like using the stock photography thought 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 posts, and then sell them all kinds of products and servicesrelated to their interests. Continue reading >
The upfront job 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 favorite passive income stream for many WordPress developers, particularly of plugins, and my site is also quite popular amongst bloggers who pump out plenty of visit the website useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.