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License a business idea. If you've got a fantastic idea for a business or product, but dont have enough time to start it yourself, 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 appropriate place, 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 someplace else Watch someones house and pets while theyre on vacation for a little extra cash.

Start a YouTube channel. Although the YouTube space is competitive, theres little 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. When you've got a natural eye for photography, then consider selling your photos to stock photography websites. Once approved, youll earn royalties whenever a client downloads one of your photos.

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

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites might be a fantastic 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 documents like 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. Should you advertise your book nicely (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 video creators looking for high-quality sound.

Sell digital art files. To reduce overhead expenses and minimize supply chain logistics, design a piece of art or photography and extend a digital download for a lesser price. Many basics people are looking to furnish their houses on a budget and would happily print the artwork 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 field of bird watching Create an eCourse! Anything 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 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 educators. Its something youre doing , so why not share the knowledge

Make an online guide. If youre an expert in your area or possess 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 some sort 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 ad space on your car. All you need to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to let researchers track anything out of the shopping habits to you sleeping patterns. In case 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 already have an excess room in your home, rent it out. You can make additional money with just some see this page basic hospitality.

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