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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 this is just another form of rental income and the capacity to reap in rental money week after week is pretty 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 really like this idea and thats why weve teamed up with an attorney 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 eat his cheeseburger desperate.
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Peer to peer lending is essentially 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 few 100 other people together give that person enough money for their loan). Continue reading >.
If you look at 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 you can try these out 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 articles via an affiliate program. Continue reading >
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It's much harder to initiate a business from scratch than it is to buy an Click This Link 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 have problems with a deficiency of information, we suffer from a scarcity of available informationthe kind that is organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can charge for it just like a mofo. (I apologize for not setting an excellent example with this comprehensive and organized informative article on all the different passive income streams around;-RRB-. Continue reading >
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If youre not super hop over to these guys excited about risking a bunch of capital to make and promote a product, however you have 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 intricate. I mean, Subway aint really 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 as its not really 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 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 pub or bar or whatever, the idea 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 significant job, but can pay off big time. Its important to think beyond the box with this thought and recognize that any niche can work well. Continue reading >
Sites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought previously, 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 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 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 stream for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.