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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, then 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 place, hire someone to restock the machines for you and youve got your own business going. .

Start home 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 somewhere else Watch someones home and pets while theyre on vacation for a little additional money.

Begin a YouTube channel. Although the YouTube space is aggressive, theres small overhead cost to begin. If youre passionate about your chosen niche and supply value to your audiences, ad 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, consider selling your photographs to stock photography websites. Once approved, youll earn royalties whenever a customer downloads one of your own photos.

Design t-shirts or other goods. Create fun and trendy graphics for e-commerce sites like Zazzle or 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 products offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites might 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 need to wait for the attention of a publisher to release their work. Should you advertise your book nicely (think social websites ), self-publishing an ebook will earn you plenty of residual sales.

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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 movie creators looking for high quality audio.

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

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

Record a video course. Very similar to e-courses, there are endless options for video course subjects. Video as a medium delivers a personal connection and 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 additional educators. Its something youre doing , so why not share the knowledge

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

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

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

Engage in research studies. Get paid to let researchers monitor anything out of your shopping have a peek at this site 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 home. If you presently have an extra room in your house, rent it out. You can make extra money with only some simple hospitality.

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