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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 hey, this is just another form of rental income and the capacity 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 site and do the online marketing, whilst someone else generates the info merchandise, whether that's an ebook, online class, template or whatever. You move 50-50.
I really like this idea and thats why 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 bathroom 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 individuals together give that person enough money for their loan). Continue reading >.
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve individuals who had a problem, couldnt find an easy solution and so decided to simply get an innovative merchandise manufactured themselves.
Theyve then gone and setup a simple online store many using Shopify and spread the word through online networking, guest posts via an affiliate program. Continue reading >
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It's significantly harder to startup a business from scratch than 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 lack of information, we suffer from a lack of accessible informationthe kind that's organized and simple to 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 for this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
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If youre not super excited about risking a bunch of funds to create and sell a product, however you need ideas for products that fill real openings in the market, you could become 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 from head office; out of food distribution to leasehold to training, head office aint a passive area 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 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, pretty darn passive. Continue reading >
Oh no! There are so many horror stories of people investing in their mates bar 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 themin less volume.
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Before we jump in, a reasonable word of warning this is gonna take some serious job, but can pay off big time. Its important to think outside the box with this idea and recognize that any niche can work well. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means exactly like using 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 purchase. Continue reading >
The idea 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 if you do use a whole 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 developers, especially of plugins, and it is also rather popular this contact form amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.