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

Purchase 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 to you and youve got your own business going. .

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

Start a YouTube channel. Even though the YouTube space is competitive, theres little overhead cost to begin. 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, then consider selling your photos to stock photography sites. Once approved, youll earn royalties each time a customer downloads one of your own photos.

Design t-shirts or other products. Create fun and trendy images for e-commerce sites like Zazzle or even CafePress to place on all sorts of merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods sold.

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites 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 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 inform Writers no longer need to await the attention of a publisher to release their work. Should you advertise your book nicely (think social media), 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 assist companies or video creators looking for high quality audio.

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

Create 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 delivers 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 share the knowledge

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

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

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

Engage in research studies. Get paid to let researchers monitor anything from your shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a terrific source of find more passive income which needs little to no effort.

Rent a room in your home. If you already have an excess space in your house, rent it out. You can make additional money with only some simple hospitality.

Shop with cash back sites. Shopping through websites that provide cash back rewards can be as powerful i was reading this as couponing, if not more! Simply shop as you normally would and earn money on your purchases.