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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 too passive and somethings might be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your closet), but hey, this is just another kind of rental income and the ability 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 generates the info merchandise, whether that be an ebook, online course, template or anything. You move 50-50.
I love this idea and weve teamed up with a lawyer 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 basically what the name states; 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 planet ). You lend say $25 to each person (you and a few 100 additional people together give that person enough money for their loan). Continue reading .
If 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 merchandise manufactured themselves.
Theyve then gone and setup a simple online shop many using Shopify and spread the word through online networking, guest articles through an affiliate program. Continue reading >
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It's significantly more difficult to startup a business from scratch than it is to buy an existing (and successful) business and expand 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 lack of information, we have problems with a scarcity 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 for it just like a mofo. (I apologize for not setting a very good example 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 capital to make and promote 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 complex. I mean, Subway aint all that passive, since the system needs so much support from head office; from 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 actually going to net you far more than $1k a year in income so to speak, but 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 people investing in their mates bar or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated go nowadays. But individuals are still using them, albeit in less volume.
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Before we jump in, a fair 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 thought and realize that any niche can get the job done nicely. Continue reading >
Sites like Cafepress make it super easy to publish designs, which means just like with the stock photography thought above, 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 to their interests. Continue reading >
The upfront work 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 flow for many WordPress developers, particularly of plugins, and it is also rather popular amongst bloggers who pump out lots of useful content for free (eg Steve Pavlina) not to mention a fantastic lead generator for prospective premium merchandise sales.