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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Clearly 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 build the site and do the online marketing, whilst someone else creates the info merchandise, whether that's an ebook, online course, template or whatever. You move 50-50.
I love this idea and weve teamed up with an attorney friend to make some legal 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 each person (you and a couple 100 other people collectively 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 them involve people who had a problem, couldnt find an easy solution and 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 articles through an affiliate application. Continue reading >
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It is significantly harder to initiate a business from scratch than it is to buy an existing (and effective ) 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 have problems with a lack 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 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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If youre not super excited about risking a bunch of capital to create and sell a product, however you need ideas for Continue products that fill real openings 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; from food supply to leasehold into training, mind office aint a passive area to be. Continue reading >
I kinda Resources hate myself for including this because its not actually going to net you far greater 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 so many horror stories of individuals investing in their mates bar or bar or whatever, the idea sends shivers up my spine. Continue reading >
Deal sites nearly feel antiquated these days. But individuals 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 work, 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 >
Websites like Cafepress make it super simple to submit designs, which means exactly like using the stock photography thought previously, you can pump 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 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 lot of template and existing off-the-shelf programs. Continue reading >
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This is a favorite passive income stream for lots of WordPress developers, particularly of plugins, and it is also quite popular amongst bloggers who pump next out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium merchandise sales.