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License a business thought. In case you've got a fantastic 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.

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 right 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 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 cash.

Begin a YouTube channel. Although the YouTube space is aggressive, theres small overhead cost to get started. If youre passionate about your chosen niche and provide value to your viewers, ad placements and sponsorship opportunities can help you earn a substantial passive income.

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License your photos. When you have a natural eye for photography, consider selling your photographs to stock photography websites. Once approved, youll earn royalties each time a client 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 put on all sorts 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 websites might be a fantastic 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 documents such as icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to tell Writers no longer have to await the attention of a publisher to release their job. If 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 movie founders looking for high-quality audio.

Sell digital artwork files. To lower overhead expenses and minimize supply chain logistics, design a piece of art or photography and extend a check my blog digital download for a lesser cost. Many people 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! Whatever you love, theres an audience out there.

Record a video program. 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 create a passive income simply by selling your lesson plans online to other educators. 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 manual for it.

Sign up for cash back credit cards. Many credit cards offer some type of money back benefits, but finding one that offers the most rewards for your lifestyle is the secret to maximizing click reference your return.

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Advertise on your car. Some companies will pay money for ad space on your vehicle. All you have to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to let researchers track anything from the shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a terrific source of passive income that requires little to no effort.

Rent click a room in your house. If you already have an excess room in your house, rent it out. You can make extra money with only some simple hospitality.

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