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License a business thought. If you've got a fantastic idea for a business or product, but dont have enough time to start it yourself, then 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 those vending machines, but the vending machine business can be a rewarding passive income source! Once you find the right 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 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 house and pets while theyre on vacation for a little extra money.

Start a YouTube channel. Even though the YouTube space is aggressive, theres small overhead cost to begin. In case youre passionate about your chosen niche and supply value to your audiences, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your photos. If you've got a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties whenever a client downloads one of your photos.

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

Create templates. If you fancy yourself an HTML wiz, designing and offering site 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 or templates of all kinds.

Publish an ebook. Do you have a story youre itching to inform Writers no longer have to wait for the attention of a publisher to release their work. Should you advertise your book well (think social media), 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 art 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 people are looking to furnish their homes on a budget and would happily print the art themselves.

Make an eCourse. An eCourse can see post 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. Very similar to e-courses, there are endless options for movie course subjects. Video as a medium learn the facts here now 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 simply by selling your lesson plans online to other educators. Its something youre doing , so why not talk about the knowledge

Create an online guide. If youre an expert in your field 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 you some sort of cash back benefits, but finding one which offers the most rewards for your lifestyle is the key 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 need to do is drive aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to let researchers monitor anything out of your shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a great source of passive income that needs 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 only some basic hospitality.

Shop with cash back sites. Shopping through sites which offer cash back benefits can be as effective as couponing, if not more! Simply shop as you normally continue reading this would and earn rebates on your purchases.