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License a business thought. In case you have a great idea for a business or product, but dont have enough time to start it yourself, then consider licensing which idea. 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 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 to you and youve got your own business going. .

Start house or pet sitting. This one is a sort 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 someplace else Watch someones home and pets while theyre on vacation for a little extra money.

Start a YouTube channel. Even though the YouTube area is competitive, theres small overhead cost to begin. If youre passionate about your chosen niche and supply value to your viewers, ad placements and sponsorship opportunities can help you earn a substantial passive income.

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License your own photos. If you've got a natural eye for photography, consider selling your photos to stock photography websites. Once approved, youll earn royalties each time a customer downloads one of your own photos.

Design t-shirts or other goods. Create fun and trendy images for e-commerce websites like Zazzle or even CafePress to place on all kinds of products 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 website templates for bloggers or e-commerce websites 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 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 wait for the attention of a writer to release their job. If you advertise your book nicely (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 assist companies or movie founders looking for high quality sound.

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 have a peek at this website people are looking to furnish their houses 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 digital marketing Create an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Whatever you love, theres an audience on the market.

Record a video course. Similar to e-courses, there are endless options for video course subjects. Video as a medium delivers 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 simply by selling your lesson plans online to additional teachers. Its something youre doing , so why not talk about the knowledge

Make an online guide. If youre an expert in your field or have in-depth knowledge of how something works or how to fix something, you can write a manual for it.

Sign up for cash back credit cards. Many credit cards offer you some sort 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 car. 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 from the shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a great 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 earn extra money with just some basic hospitality.

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