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License a business thought. 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 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 actually owns all of those vending machines, but the vending machine business can be a rewarding passive income source! Once you find the right spot, employ someone to restock the machines for 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 when youre going to be hanging out at home doing nothing, why not get paid to do it somewhere else Watch someones home and pets while theyre on vacation for a little additional cash.

Start a YouTube channel. Although the YouTube space is competitive, theres small overhead cost to begin. 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 own photos. If you have a natural eye for photography, consider selling your photos to stock photography sites. Once approved, youll earn royalties each time a customer downloads one of your photos.

Design t-shirts or other products. Create fun and trendy images for e-commerce sites like Zazzle or even CafePress to put on all kinds of products from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods sold.

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 files. Even amateur graphic designers can earn a passive income click for info 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 the original source inform Writers no longer have to wait for the attention of a writer to release their work. If you advertise your book well (think social websites ), 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 assist companies or video creators looking for high quality sound.

Sell digital artwork files. To lower overhead expenses and minimize supply chain logistics, design a piece of artwork or photography and extend a digital download for a lesser cost. Many people are looking to furnish their homes on a budget and could happily print the artwork themselves.

Create an eCourse. An eCourse can be about anything youre passionate about. Have a great deal of knowledge about digital marketing Produce an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Anything you love, theres an audience out there.

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Record a video program. Very similar to e-courses, there are endless options for movie course topics. Video as a medium offers a personal connection and also a different way to learn, i was reading this 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 educators. Its something youre doing already, so why not talk about the knowledge

Create an online guide. If youre an expert in your field or have in-depth knowledge of how something works or how to correct something, you can compose a manual for this.

Sign up for cash back credit cards. Many credit cards offer some sort of cash back benefits, but finding one that delivers 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 ad space on your car. All you have to do is push aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers track 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 that requires little to no effort.

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

Shop with money back sites. Shopping through websites which 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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