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License a business idea. If you've got 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.

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 appropriate place, 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 vehicle passive/active income source, but when youre going to be hanging out at home doing nothing, why not get paid to do it someplace else Watch someones home and pets while theyre on vacation for a little extra cash.

Begin a YouTube channel. Although the YouTube space is competitive, theres little overhead cost to begin. If youre passionate about your chosen niche and supply 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. When you've got a natural eye for photography, consider selling your photos to stock photography websites. 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 images for e-commerce sites like Zazzle or CafePress to put on all sorts of products 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 websites 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 like icons Get More Info or templates of all kinds.

Publish an ebook. Do you have a story youre itching to tell Writers no longer have to await the attention of a publisher to release their work. Should you market 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 help companies or movie creators looking for high-quality sound.

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

Record a video program. 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 create a passive income by simply selling your lesson plans online to additional teachers. Its something youre doing already, 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 Full Report something works or how to fix something, you can write a guide for it.

Sign up for cash back credit cards. Many credit cards offer you some type 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 vehicle. Some companies will pay money for advertisement space on your car. All you need to do is drive aroundwhich youre probably doing anyway!

Participate 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 which requires little to no effort.

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

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