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License a business thought. In case you have a great idea for a business or product, but dont have time to start it yourself, consider licensing that thought. 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 owns all of those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the right spot, employ 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 if 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 additional money.

Start a YouTube channel. Even though 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, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your photos. When you have a natural eye for photography, then consider selling your photographs to stock photography sites. 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 kinds of merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites might 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 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 publisher to release their work. 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 movie founders looking for high quality audio.

Sell digital art files. To lower overhead expenses and minimize supply chain logistics, design address a piece of artwork 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 would happily print the art themselves.

Create an eCourse. An eCourse this can be about anything youre passionate about. Have a great deal of knowledge about digital marketing Produce an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Anything you love, theres an audience out there.

Record a video course. Very similar to e-courses, there are 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 make a passive income by simply selling your lesson plans online to other teachers. Its something youre doing already, 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 compose a guide for it.

Sign up for cash back credit cards. Many credit cards offer some type of money back benefits, but finding one that offers 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 vehicle. All you need to do is push aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers track anything out of the shopping habits to you sleeping patterns. If 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 already have an excess room in your home, rent it out. You can make extra money with only some basic hospitality.

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