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License a business idea. In case you've got a great idea for a business or product, but dont have 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 those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the appropriate spot, 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 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 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 photos 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 images for e-commerce sites 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 goods offered.

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

Publish an ebook. Have you got a story youre itching to inform Writers no longer have to await the attention of a publisher to release their work. If you advertise your book nicely (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 reduce overhead costs and minimize supply chain logistics, design a piece of art or photography and extend a digital download for a lesser price. Many men and women 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 lot of knowledge about electronic marketing Create an eCourse! Are you an expert in the subject of bird watching Create an eCourse! Anything you love, theres an audience out there.

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Record a video program. Very similar to e-courses, navigate to this site there are endless options for movie course topics. Video as a medium offers 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 simply by selling your lesson plans online to additional educators. 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 manual for this.

Sign up for cash back credit cards. Many credit cards offer you some type of cash back benefits, but finding one that offers the most rewards for your lifestyle is the our website 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 from your shopping habits to you sleeping patterns. In case 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 home, rent it out. You can earn additional money with just some basic hospitality.

Shop with cash back sites. Shopping through websites which provide cash back rewards 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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