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License a business thought. If 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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Purchase 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, hire someone to restock the machines to you and youve got your own business going. .

Start house or pet sitting. This one is a kind 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 someplace else Watch someones house 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. 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 photos. When you've got a natural eye for photography, then consider selling your photos to stock photography websites. Once approved, youll earn royalties whenever a customer downloads one of your own photos.

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

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites 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 such as icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to tell Writers no longer need to wait for the attention of a writer to release their job. If 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 movie creators looking for high quality audio.

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 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 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, there are 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 create a passive income by simply 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 correct something, you can write a guide for this.

Sign up for cash back credit cards. Many credit cards offer you some type of cash back benefits, but finding one which offers the most rewards for your lifestyle is the key to maximizing your return.

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Advertise on your vehicle. Some companies will pay money for ad 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 click for info of passive income that needs little to no effort.

Rent a room in your house. If you already have an excess room in your home, 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 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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