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I hadnt really thought about this idea until I came across an online bedding store recently. Continue reading >
Obviously this is not very passive and somethings could be a biaaaatch to bargain with (i.e. anything large that doesnt fit in your cupboard ), but this is just another form of rental income and the ability to benefit in rental money week after week is really cool. Continue reading .
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So the idea here is simpleyou construct 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 really like this idea and thats why weve teamed up with an attorney friend to create some legal kits for online sale. Continue reading >
Were getting desperate with this one. Like David Hasselhoff on the restroom floor, drunk and desperately trying to figure out how to consume his cheeseburger desperate.
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Peer to peer lending is basically 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 few 100 additional individuals collectively give that person enough money for their loan). Continue reading .
When you examine the success stories on Tim Ferriss navigate to these guys 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 merchandise manufactured themselves.
Theyve then gone and set up a simple online store many using Shopify and spread the word through online networking, guest articles via an affiliate application. Continue reading >
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It's much more difficult to initiate a business from scratch than it is to buy an existing (and effective find out this here ) business and grow 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 accessible informationthe kind that's organized and easy 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 a very good case with this comprehensive and organized article on all the different passive income flows around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of funds to create and sell a product, but you have ideas for products that fill real gaps in the market, you could turn into a professional inventor.
I dont want you to think so intricate. I mean, Subway aint all that passive, since the system requires so much support in head office; out of food distribution to leasehold into training, head office aint a passive place 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 so to speak, but 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 so many horror stories of individuals investing in their mates pub or bar or anything, that the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated nowadays. 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 work, 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 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 buy. 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 products 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 flow for lots of WordPress developers, especially of plugins, and it is also quite popular amongst bloggers who pump out lots of helpful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.