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License a business thought. If you have a great idea for a business or product, but dont have time to start it yourself, 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 of those vending machines, but the vending machine business can be a rewarding passive income source! Once you find the appropriate spot, employ someone to restock the machines to 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. Even though 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. When you have a natural eye for photography, then 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 products. Create fun and trendy graphics for e-commerce sites like Zazzle or even CafePress to place on all kinds of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites could 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. Have you got a story youre itching to inform Writers no longer need to await the attention of a publisher to release their job. Should you advertise your book well (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 assist companies or video founders looking for high quality audio.

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

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

Record a video program. Similar to e-courses, there are endless options for video course topics. Video as a medium delivers a personal connection and also a website here 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 share the knowledge

Create an online guide. If youre an expert in your area or have in-depth knowledge of how something works or how to fix something, you can compose a manual for this.

Sign up for cash back credit cards. Many credit cards offer you some sort of cash back benefits, but finding one that offers the internet 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 need to do is push 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 which needs little to no effort.

Rent a room more tips here in your house. If you already have an excess space in your house, rent it out. You can make additional money with only some simple hospitality.

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