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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 big that doesnt fit in your cupboard ), but hey, this is just another kind of rental income and the ability 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 site and do the online marketing, whilst someone else generates the info merchandise, whether that's an ebook, online course, template or whatever. You move 50-50.
I really like this idea and weve teamed up with a lawyer friend to make some valid kits for online sale. Continue reading >
Were getting distressed with this one. 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 says; 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 say $25 to each person (you and a couple 100 additional individuals together give that person enough money for their loan). Continue reading .
If you examine the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of them involve individuals who had a issue, couldnt find an easy solution and decided to just get an innovative product 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 application. Continue reading >
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It is much more difficult to startup a business from scratch than it is to buy an existing (and effective ) business and expand 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 deficiency of information, we suffer from a scarcity of available informationthe kind go to website that is 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 an excellent example with this comprehensive and organized article on all the different passive income streams around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of funds to create and promote a product, but you need ideas 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 all that passive, since the system requires so much support from head office; out of food distribution to leasehold into training, mind office aint a passive place to be. Continue reading >
I kinda hate myself for including this because its not actually going to net you far greater than $1k annually in income 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 so many horror stories of individuals investing in their mates bar or bar or whatever, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But individuals 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 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 >
Sites 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 posts, and then sell them all kinds of merchandise and servicesrelated for their interests. Continue reading >
The upfront job can involve a reasonable bit of programming, even if you do use a lot of template and existing off-the-shelf applications. Continue reading >
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This is a favorite passive income stream for many WordPress developers, especially of plugins, and is also quite popular amongst bloggers that pump read this article out lots of helpful content for free (eg Steve Pavlina) not to mention a great lead generator for prospective premium merchandise sales.