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I hadnt really thought about this idea until I came across an online bedding shop recently.  Continue reading >
Obviously this is not too passive and somethings could be a biaaaatch to bargain with (i.e. anything big that doesnt fit in your cupboard ), but hey, this is only another form of rental income and the capacity 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 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 thats why weve teamed up with a lawyer friend to create some legal kits for online sale. Continue reading >
Were getting desperate with this one. Like David Hasselhoff on the bathroom 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 every person (you and a few 100 additional individuals together give that person enough money for their loan). Continue reading >.
If you look at 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 setup a simple online shop many using Shopify and spread the word through online networking, guest articles via an affiliate program. Continue reading >
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It is basics much harder to startup a business from scratch than it is to buy an existing (and successful) business and grow it.
So why not just 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 accessible informationthe kind that's organized and easy to use.
If you can organize an unwieldy body of knowledge into one tight, succinct set, you can charge to it just like a mofo. (I apologize for not setting a very good example with this comprehensive and structured informative article on all the different passive income streams around;-RRB-. Continue reading >
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In case youre not super excited about risking a bunch of capital to make and sell a product, however you have ideas for products that fill real gaps in the current market, you could turn into 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 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 really going to net you far my blog more than $1k annually 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, rather darn passive. Continue reading >
Oh no! There are many horror stories of individuals investing in their mates pub or bar or anything, that the idea sends shivers up my spine. Continue reading >
Deal sites almost feel antiquated these days. But people 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 idea and recognize that any niche can get the job done well. Continue reading >
Sites like Cafepress make it super easy to publish 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 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 should you use a whole lot of template and existing off-the-shelf programs. Continue reading >
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This is a popular passive income stream for many WordPress developers, particularly of plugins, and is also rather popular amongst bloggers that pump out lots of useful content for free (eg Steve Pavlina) not to mention a great lead generator for future premium product sales.