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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 could be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your closet), but this is just 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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Therefore the idea here is simpleyou build the site and do the online marketing, whilst someone else creates the info merchandise, whether that's an ebook, online course, template or anything. You go 50-50.
I really like this idea and thats why weve teamed up with a lawyer friend to make some valid 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 eat his cheeseburger desperate.
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Peer to peer lending is basically what the name states; you throw a bunch of money 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 additional people together Homepage give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, then youll notice many of these involve individuals who had a problem, 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 through an affiliate application. Continue reading >
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It's significantly more difficult to initiate a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not just 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 scarcity of available 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 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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In case youre not super excited about risking a bunch of funds to make and promote a product, however you need ideas for products that fill actual openings in the market, you could become a professional inventor.
I dont want you to think so complex. I mean, Subway aint all that passive, since the system requires so much support from head office; from food supply to leasehold into 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 greater than $1k a year in income so to speak, but hey, 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 thought sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But people are still using themin less quantity.
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Before we jump in, a fair word of warning this is gonna take some significant job, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can get the job done well. Continue reading >
Websites like Cafepress make it super easy to publish 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 buy. Continue reading >
The idea 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 job can involve a fair 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 flow for many WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium product sales.