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License a business idea. In case you've got a great idea for a business or product, but dont have enough time to start it yourself, 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 spot, hire 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 when 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 additional money.

Start a YouTube channel. Even though the YouTube area is competitive, theres small overhead cost to begin. If youre passionate about your chosen niche and provide value to your audiences, 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, then 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 products. Create fun and trendy graphics for e-commerce websites like Zazzle or 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 products sold.

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 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 inform Writers no longer have to wait for the attention of a writer to release their work. If you market 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 read what he said income and help companies or movie founders looking for high-quality sound.

Sell digital artwork files. To reduce overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser cost. Many people are looking to furnish their houses on a budget and would 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 field of bird watching Produce an eCourse! Whatever 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 video course subjects. Video as a medium offers 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 by simply selling your lesson plans online to additional teachers. Its something youre doing , 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 correct something, you can compose a guide for this.

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 secret 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 have to do is push aroundwhich youre probably doing anyway!

Participate 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 needs little to no effort.

Rent a room in your house. If you presently have an extra 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 that offer cash back benefits can be as effective as couponing, if not more! Just shop as you normally would and earn rebates on your purchases.

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