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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, consider licensing that idea. 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 actually owns all of 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 for you and youve got your own business going. .

Start house 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 house and pets while theyre on vacation for a little extra cash.

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

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License your own photos. When 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 photos.

Design t-shirts or other goods. Create fun and trendy images for e-commerce sites like Zazzle or CafePress to put 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 website templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce websites might 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 like icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to tell Writers no longer have to wait for the attention of a publisher to release their work. Should you market your book well (think social websites ), self-publishing an ebook will earn you plenty of residual sales.

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License music. For Visit Website the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and assist companies or movie creators looking for high quality audio.

Sell digital art files. To lower overhead costs and minimize supply chain logistics, design a piece of artwork or photography and extend 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.

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

Record a video course. Similar to e-courses, there are endless options for video course topics. Video as a medium delivers view website 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 other educators. Its something youre doing already, so why not share the knowledge

Create 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 write a guide for it.

Sign up for cash back credit cards. Many credit cards offer some type of cash back benefits, but finding one that offers the you could try these out 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 push 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 terrific 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 only some simple hospitality.

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