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License a business idea. In case you have a fantastic idea for a business or product, but dont have enough 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.

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Purchase 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 lucrative 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 home 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 house and pets while theyre on vacation for a little extra money.

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

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

Design t-shirts or other products. Create fun and trendy graphics for e-commerce websites like Zazzle or even CafePress to place on all sorts of products 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 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 files like icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to inform Writers no longer need to await the attention of a publisher to release their job. Should you advertise your book well (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 founders looking for high quality audio.

Sell digital art 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 homes on a budget and could happily print the artwork themselves.

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

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Record a video course. Similar to e-courses, you will find 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 create a passive income simply by selling your lesson plans online to additional educators. Its something youre doing , so why not share the knowledge

Create an online guide. If youre an expert in your field navigate to this website 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 offers the most rewards for your lifestyle is the key to check here 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 the shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a terrific source of passive income which needs little to no effort.

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

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

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