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License a business thought. If you have a fantastic 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 owns all of those vending machines, but the vending machine business can be a rewarding passive income source! Once you find the right spot, hire someone to restock the machines to you and youve got your own business going. .

Start home or pet sitting. This one is a sort 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 house and pets while theyre on vacation for a little additional money.

Start a YouTube channel. Although the YouTube space is aggressive, theres little overhead cost to get started. 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 websites. Once approved, youll earn royalties whenever a customer downloads one of your photos.

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

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

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Sell graphic design documents. Even amateur graphic designers can earn a passive income by designing and selling graphic design files like 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 job. If you advertise your book well (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 lower overhead costs and minimize supply chain logistics, design a piece of art or check my site photography and extend a digital download for a lesser price. Many people are looking to furnish their homes on a budget and would happily print the artwork themselves.

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

Record a video course. Similar to e-courses, you will find endless options for movie course subjects. Video as a medium offers 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 make a passive income simply by selling your lesson plans online to other teachers. Its something youre doing , so why not talk about 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 cash 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 vehicle. Some companies will pay money for advertisement space on your vehicle. All you have to do is drive aroundwhich youre probably doing anyway!

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

Rent a room in your house. If you already have an excess space in your house, rent it out. You can earn extra look at this website money with only some basic hospitality.

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