Online business ideas for passive income

[digger_R]

What are the genuine means out there of earning cash online- I have a decent amount of time available and would like to be able to earn an income regardless of where I am in the world geographically. I have a good grasp of tech (have a background in physics, software and systems design) but I'm willing to turn my hands to almost any business type and learn the ropes.
There are a million get rich schemes out there involving pyramid schemes, affiliate marketing and a gazillion other things - I'm just wondering what actually works.

Do any ph'ers actually earn a living this way? Really looking for ideas at the moment, I'm willing to invest some time and capital if the business model has some weight behind it
over to you!

[Efbe]

app design.

web design.

anything proofreadingish

[Tuna]

Efbe said:

app design.

web design.

anything proofreadingish

I can't imagine either app design or web design handled 'off shore' like that would pay at all well - you're competing against the Eastern Europeans and Indians who will do the same for a bargain basement price.

[daemon]

Efbe said:

app design.

web design.

anything proofreadingish

surely none of those are passive?

[rpguk]

I suppose an app could be passive once it's built and you get income from ongoing sales.

The thing is any business can be passive if you find the right person to look after it.

Did you read '4 hour work week' OP?

Could you write a Christmas song? That'd be a pretty good passive income

Edited by rpguk on Monday 6th October 14:51

[daemon]

rpguk said:

I suppose an app could be passive once it's built and you get income from ongoing sales.

The thing is any business can be passive if you find the right person to look after it.

Did you read '4 hour work week' OP?

Could you write a Christmas song? That'd be a pretty good passive income

Edited by rpguk on Monday 6th October 14:51

I've read it and its a very interesting book.

Must read it again actually. I could have been sitting in a bar in barbados these days, if i'd acted on it at the time

[Efbe]

daemon said:

Efbe said:

app design.

web design.

anything proofreadingish

surely none of those are passive?

I have built several apps, they have a nice (though small) income with them. even if just a couple of downloads a month, it's a bit extra for no further work.

by webdesign, I mean small businesses who want ongoing remote support. I have several of these; every now and then am asked to update something, or add a new page. For some I charge for the work, for some a yearly fee usually for very little work.

yes the third is not passive, but you can do it remotely, which is what I thought the OP actually meant; otherwise he was kind of asking what jobs have money for doing nothing at all!!!!!
also read his post, not just the title: " I have a decent amount of time available and would like to be able to earn an income regardless of where I am in the world geographically."