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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 might be a biaaaatch to deal with (i.e. anything large that doesnt fit in your cupboard ), but this is only another form of rental income and the ability to benefit in rental money week after week is pretty cool. Continue reading >.
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So the idea here is simpleyou construct the site and do the online marketing, whilst someone else creates the info product, whether that's an ebook, online class, template or whatever. You move 50-50.
I really like this idea and 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 restroom 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 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 state $25 to each person (you and a few 100 additional 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, youll notice many of these involve people who had a problem, couldnt find an easy solution and decided to simply 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 program. Continue reading >
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It's significantly more difficult to initiate a business from scratch than it is to buy an existing (and successful) 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 suffer from a lack of information, we suffer from a lack of available informationthe kind that's organized and simple to use.
If you can organize an unwieldy body of knowledge into one tight, succinct pair, you can control for it like a mofo. (I apologize for not setting a very good example for this comprehensive and structured informative 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 funds to make and sell a product, however you need ideas for products that fill real important site openings in the 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 in head office; from food supply to leasehold into 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 much more than $1k a year in income to speak, but hey, every dollar counts.
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Well, if you get someone to take care of the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are many horror stories of people investing in their mates pub or bar or anything, 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 significant 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 nicely. Continue reading >
Websites like Cafepress make it super easy to submit designs, which means just like with 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 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 for their interests. Continue reading >
The upfront job can involve a reasonable 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 popular passive income stream for many WordPress developers, especially of plugins, and it is also quite popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a webpage great lead generator for future premium product sales.