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License a business idea. In case you have a great idea for a business or product, but dont have enough time to start it yourself, then consider licensing which 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 rewarding passive income source! Once you find the appropriate spot, employ someone to restock the machines to 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 cash.

Start a YouTube channel. Although the YouTube space is aggressive, theres little overhead cost to get started. In case youre passionate about your chosen niche and provide 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. If you have a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties whenever 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 kinds of products from t-shirts to mugs. Production is taken care of and youll earn a commission on the products offered.

Create website templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce websites could 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 income by designing and selling graphic design documents like icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to tell Writers no longer need to await the attention of a writer 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 video 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 digital download for a lesser cost. Many men and women are looking to furnish their homes on a budget and would happily print the artwork themselves.

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

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Record a video course. Similar to e-courses, you will find 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 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 field or have 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 sort of cash 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 vehicle. Some this contact form companies will pay money for advertisement space on your car. All you have to do is drive 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. 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 home. If you presently have an extra room in your house, rent it out. You can earn additional money with just some basic hospitality.

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

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