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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 closet), but this is just another form of rental income and the capacity 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 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 love this idea and thats why weve teamed up with an attorney friend to create some legal kits for online sale. Continue reading >
Were getting distressed with this one. Just like David Hasselhoff on the bathroom floor, drunk and desperately trying to determine 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 money 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 couple 100 other people together 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 them involve individuals who had a issue, couldnt find an easy solution and so 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 posts through an affiliate application. Continue reading >
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It's much harder to startup a business from scratch than it is to buy an existing (and successful) 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 have problems with a lack of accessible 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 to it just like a mofo. (I apologize for not setting an excellent case for this comprehensive and structured 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 promote a product, but you have thoughts for products that fill actual gaps in the market, you could turn into a professional inventor.
I dont want you to think so complex. I mean, Subway aint really all that passive, since the system needs so much support in head office; out of food supply to leasehold to training, mind office aint a passive area to be. Continue reading >
I kinda hate myself for including this as its not actually 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 look after the fulfillment side of things, rather darn passive. Continue reading >
Oh no! There are many horror stories of individuals investing in their mates bar or bar or anything, the thought sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people 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 serious job, but can pay off big time. Its important to think outside the box with this thought and realize that any niche can work nicely. Continue reading >
Websites like Cafepress make it super simple to publish designs, which means exactly like with the stock photography thought above, 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 find 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 work 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 popular passive income flow for lots of WordPress developers, especially of plugins, and it is also rather popular amongst bloggers that pump out plenty of useful content for free (eg Steve helpful hints Pavlina) not to mention a great lead generator for future premium product sales.