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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 might 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 reap in rental money week after week is really cool. Continue reading >.
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Therefore the idea here is simpleyou build the website and do the online marketing, whilst someone else generates the info merchandise, whether that be an ebook, online class, template or whatever. You go 50-50.
I really like this idea and weve teamed up with an attorney friend to create some legal kits for online sale. Continue reading >
Were getting distressed 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 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 say $25 to each person (you and a couple 100 other people together give that person enough money for their loan). Continue reading .
When you look at the success stories on Tim Ferriss 4 Hour Work Week Blog, youll notice many of these involve individuals who had a issue, couldnt find an easy solution and decided to just 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 through an affiliate program. Continue reading >
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It is significantly more difficult to startup a business from scratch than it is to get an existing (and successful) business and expand 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 have problems with a lack 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 like a mofo. (I apologize for not setting a very good example for 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 excited about risking a bunch of capital to create and sell a product, but you have thoughts for products that fill real gaps in the current market, you could become a professional inventor.
I dont want you to think so intricate. I mean, Subway aint really all that passive, since the system needs so much support from 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 because its not actually going to net you far more Home Page than $1k annually in income so 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 bar or bar or whatever, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people are still using themin less quantity.
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Before we jump in, a reasonable word of warning this is gonna take some serious 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 submit designs, which means just like with the stock photography idea 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 reasonable bit of programming, even should you 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, especially Website of plugins, and is also quite popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for future premium product sales.