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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 could be a biaaaatch to deal with (i.e. anything large that doesnt fit in your closet), but hey, 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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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 move 50-50.
I love this idea and thats why weve teamed up with an attorney friend to make some legal kits for online sale. Continue reading >
Were getting distressed 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 basically what the name says; 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 planet ). You lend say $25 to each 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 these involve people who had a problem, couldnt find use this link an easy solution and decided to simply get an innovative product manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest posts through an affiliate application. Continue reading >
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It is much more difficult to initiate a business from scratch than it is to get an existing (and effective ) business and expand 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 accessible informationthe kind that is more organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge to it just like a mofo. (I apologize for not setting a very good example for this comprehensive and organized 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 create home and promote a product, however you have thoughts for products that fill real gaps in the current market, you could turn into 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 from head office; out of food distribution to leasehold into 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 much more than $1k annually in income so 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 individuals investing in their mates pub or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites almost 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 outside the box with this idea and realize that any niche can get the job done well. Continue reading >
Sites 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 purchase. Continue reading >
The concept is to find a bunch of people involved, creating content through forums and articles, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront work can involve a fair bit of programming, even should you use a whole lot of template and existing off-the-shelf applications. Continue reading >
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This is a popular passive income flow for lots of WordPress developers, particularly of plugins, and is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.