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License a business thought. In case you've got a great idea for a business or product, but dont have time to start it yourself, then consider licensing that thought. Interested companies are willing to pay royalties in exchange for the right to use your idea.

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Buy a vending machine business. Youve probably never thought twice about who 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 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 home and pets while theyre on vacation for a little extra cash.

Start a YouTube channel. Even though the YouTube area is competitive, theres little overhead cost to get started. If youre passionate about your chosen niche and provide value to your viewers, advertisement 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, then consider selling your photographs 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 websites like Zazzle or CafePress to put on all sorts 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 site templates for bloggers or e-commerce sites 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 documents like icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to inform Writers no longer need to wait for the attention of a publisher to release their work. Should you advertise 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 creators looking for high-quality audio.

Sell digital artwork files. To reduce overhead costs and minimize supply chain logistics, design a piece of art 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 art 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! Anything you love, theres an audience on the market.

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Record a video course. Very similar to e-courses, you will find endless options for movie course subjects. Video as a medium delivers 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 make a passive income simply by selling your lesson plans online to other educators. Its something youre doing , so why not talk about the knowledge

Create an online guide. If youre an expert in your area or have in-depth knowledge of how something works or how to fix something, you Visit Your URL 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 that offers the most rewards for your lifestyle is the key to maximizing your return.

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

Engage in research studies. Get paid to allow researchers track anything out of your shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a great source of passive income that needs little to no effort.

Rent a room in your house. If you presently have an excess room in your house, rent it out. You can earn additional money with just some basic hospitality.

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

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