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I hadnt really thought about this idea until I came across an online bedding shop 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 capacity to benefit 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 generates the info product, whether that's an ebook, online class, template or whatever. You go 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 desperate with this one. Just 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 essentially 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 few 100 other individuals 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 individuals who had a problem, couldnt find an easy solution and decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It is significantly more difficult to initiate a business from scratch than it is to get an existing (and effective ) business and grow great post to read 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 suffer from a scarcity of available informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge for it like a mofo. (I apologize for not setting a very good example with 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 capital to create and sell a product, but you have ideas for products that fill actual openings in the current market, you could become a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support from head office; out of food supply to leasehold to training, head 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 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 almost feel antiquated nowadays. that site But people are still using them, albeit in less quantity.
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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 idea and realize that any niche can get the job done nicely. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means exactly like using the stock photography thought previously, you can pump 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 products and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair 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 many WordPress go developers, especially of plugins, and is also rather popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium product sales.