If you're like me, you're always trying to come up with ways to come-up (make more money without performing any real physical labor). So, I decided I can share a couple of ideas that I came up with. Some of these are ideas I use, used, or plan to use; while others, I don't care to do myself but are still good. Each idea that I present will take some research and effort to be successful.
1.) Rental Properties - if you have decent credit and a couple grand to invest, there no excuse for not hopping on a rental property.
2.) Commercial Cleaning Franchise - Any franchise could probably work, but I say commercial cleaning franchises in particular because that's how I started. You'll see plenty of blogs and things online about how cleaning franchises are ripoffs, but I know personally they are legitimate businesses.
3.) Stocks - This is a very broad topic. You could get paid dividends quarterly, re-invest dividends, or try to play the buy and sell game.
4.) Blogs/Youtube/Websites etc. - With websites and blogs you can earn money renting ad space but the most common way to make money is the companies like Adsense that pay you when someone clicks an add on your site. Youtube has a similar incentive and also has a program that pays you for video views.
5.) Flipping Cars - Simply put, you can buy a decent car at a low price from an auction or private seller, fix it up, and try and sell the car for two or three times as much as you paid for it.
6.) Vending Machines - Get a membership at a wholesale club (i.e. BJ's, Sam's Club), rack up on snacks and drinks, and collect the money. A friend of mine brings in about $500 a month off of one vending machine, so imagine having five of them.
7.) Ice Cream Truck - Same idea as the vending machine. A good idea would be to park at a factory or other heavy employed place during their lunches and breaks to earn more money.
8.) Flea Market Retail - Again, same idea but, assumably with bigger products like clothes, shoes, jewelry, etc.
9.) Paper Route Business Owner - You could get multiple big paper routes and sub-contract them out. To ensure that your sub-contractors aren't slacking, you could randomly check behind them and call your customers to follow up on the service.
10.) MLMs - Finally, Multi-level Marketing (or MLM) companies could work for you. Some people call them scams, some people say they aren't, I say it's only one way to really find out. I know one guy did it, he said he liked it, but he isn't doing it anymore so... I'm thinking he just doesn't want to admit it's a waste because he tried to get me to join before, but you never know.
