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License a business thought. In case you have a great idea for a business or product, but dont have time to start it yourself, then consider licensing that 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 of those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the right spot, hire someone to restock the machines for 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 when youre going to be hanging out at home doing nothing, why not get paid to do it somewhere else Watch someones house and pets while theyre on vacation for a little additional money.

Start a YouTube channel. Even though the YouTube area is competitive, theres small overhead cost to get started. 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 own photos. If you've got a natural eye for photography, consider selling your photographs to stock photography websites. Once approved, youll earn royalties each time a customer downloads one of your photos.

Design t-shirts or other products. Create fun and trendy images for e-commerce sites like Zazzle or CafePress to place on all kinds of merchandise 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 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 go to this site income by designing and selling graphic design documents such as 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 writer to release their work. If you market 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 founders looking for high quality sound.

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

Make 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 field of bird watching Produce an eCourse! Anything you love, theres an audience on the learn this here now market.

Record a video course. Similar to e-courses, you will find endless options for video 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 other teachers. Its something youre doing already, 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 correct something, you can compose a guide for this.

Sign up for cash back credit cards. Many credit cards offer some sort of money back benefits, but finding one which 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 push aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to let researchers monitor anything from your shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a great source of passive income click here to read that needs 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 earn additional money with just some simple hospitality.

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