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License a business idea. In case you have a great idea for a business or product, but dont have time to start it yourself, consider licensing which thought. Interested companies are willing to pay royalties in exchange for the right to use your idea.

Buy a vending machine business. Youve probably never thought twice about who actually owns all those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the appropriate spot, hire someone to restock the machines for you and youve got your own business going. .

Start house or pet sitting. This one is a kind of hybrid vehicle passive/active income source, but when youre going to be hanging out at home doing nothing, why not get paid to do it someplace else Watch someones home and pets while theyre on vacation for a little additional money.

Start a YouTube channel. Although the YouTube area is competitive, theres small overhead cost to get started. If youre passionate about your chosen niche and provide value to your audiences, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your own photos. When you've got a natural eye for photography, consider selling your photos to stock photography sites. Once approved, youll earn royalties whenever a client downloads one of your own photos.

Design t-shirts or other products. Create fun and trendy images for e-commerce websites like Zazzle or CafePress to put on all kinds of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the products offered.

Create website templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites could be a great source of passive income for you.

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Sell graphic design files. Even amateur graphic designers can earn a passive income my site by designing and selling graphic design documents such as icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to tell Writers no longer need to wait for the attention of a publisher to straight from the source release their job. If you advertise your book nicely (think social websites ), self-publishing an ebook will earn you plenty of residual earnings.

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License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and help companies or video creators looking for high quality sound.

Sell digital artwork files. To lower overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser price. Many people are looking to furnish their houses on a budget and would happily print the art themselves.

Make an eCourse. An eCourse can be about anything youre passionate about. Have a great deal of knowledge about electronic marketing Create an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Whatever you love, theres an audience on the market.

Record a video program. Very similar to e-courses, you will find endless options for video course subjects. Video as a medium offers a personal connection and also a different way to learn, making it an equally viable option.

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Sell a lesson plan. If youre a teacher you can create a passive income simply by selling your lesson plans online to other teachers. Its something youre doing already, so why not talk about the knowledge

Make an online guide. If youre an expert in your area or have in-depth knowledge of how something works or how to fix something, you can write a guide for it.

Sign up for cash back credit cards. Many credit cards offer you some type of money back benefits, but finding one that delivers the most rewards for your lifestyle is the key to maximizing your return.

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Advertise on your vehicle. Some companies will pay money for ad space on your car. All you need to do is drive aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to allow researchers track anything out of the shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a terrific source of passive income which requires little to no effort.

Rent a room in your house. If you presently have an extra room in your house, rent it out. You can make extra money with just some basic hospitality.

Shop with money back sites. Shopping through websites that offer cash back benefits can be as powerful as couponing, if not more! Simply shop as you normally would and earn rebates on your purchases.