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License a business idea. If you have a great idea for a business or product, but dont have enough time to start it yourself, then consider licensing which idea. 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 owns all of those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the right place, employ someone to restock the machines to you and youve got your own business going. .

Start house or pet sitting. This one is a sort 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 house and pets while theyre on vacation for a little extra cash.

Begin a YouTube channel. Although the YouTube area is aggressive, theres small overhead cost to begin. If youre passionate about your chosen niche and provide value to your viewers, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your own photos. If you have a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties each time a client downloads one of your own photos.

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

Create website templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites could be a fantastic 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 files such as icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to inform Writers no longer have to await the attention of a writer to release their work. Should you market 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 click for more a decent passive income and help companies or video founders looking for high-quality audio.

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

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

Record a video course. Very similar to e-courses, there are endless options for movie course topics. 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 make a passive income by simply selling your lesson plans online to additional educators. Its something youre doing , so why not share the knowledge

Create an online guide. If youre an expert in your area or possess in-depth knowledge of how something works or how to correct something, you can write a guide for this.

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

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

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

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

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