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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 too passive and somethings might be a biaaaatch to deal with (i.e. anything big that doesnt fit in your closet), but 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 build the website and do the online marketing, whilst someone else generates the info product, whether that's an ebook, online course, template or anything. You go 50-50.
I love this idea and weve teamed up with an attorney friend to create some valid kits for online sale. Continue reading >
Were getting desperate with this one. Just like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to eat his cheeseburger desperate.
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Peer to peer lending is essentially 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 individuals together 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 issue, couldnt find an easy solution and 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 through an affiliate application. Continue reading >
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It's much harder to initiate 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 have problems with a lack of information, we have problems with 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 control 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 streams around;-RRB-. Continue reading >
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In case youre address not super excited about risking a bunch of funds to create and sell a product, but 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 intricate. 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 area to be. Continue reading >
I kinda hate myself for including this as its not really going to net you much greater 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, rather darn passive. Continue reading >
Oh no! There are many horror stories of people investing in their mates bar or bar or anything, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated nowadays. But people are still using themin weblink less quantity.
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Before we jump in, a reasonable word of warning this is gonna take some significant job, but can pay off big time. Its important to think outside the box with this idea and realize that any niche can work well. Continue reading >
Websites like Cafepress make it super easy to publish designs, which means just like with the stock photography thought above, 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 articles, and then sell them all kinds of merchandise and servicesrelated to their interests. Continue reading >
The upfront work can involve a fair bit of programming, even if you do use a whole lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income flow for lots of WordPress developers, especially of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium merchandise sales.