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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, 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 owns all of 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 home 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 house and pets while theyre on vacation for a little additional cash.

Begin a YouTube channel. Although the YouTube space is aggressive, theres small overhead cost to get started. In case youre passionate about your chosen niche and provide value to your audiences, advertisement placements and sponsorship opportunities can help you earn a substantial passive income.

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License your photos. If you've got a natural eye for photography, then consider selling your photos to stock photography websites. Once approved, youll earn royalties each time a customer downloads one of your 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 sorts of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods offered.

Create website templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites might 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 by designing and selling graphic design files such as icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to tell Writers no longer have to await the attention of a writer to visit our website release their job. Should you market 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 assist companies or movie founders looking for high-quality sound.

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

Make an eCourse. An eCourse can be visit this website about anything youre passionate about. Have a great deal of knowledge about electronic marketing Produce 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, there are endless options for movie course topics. 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 make a passive income simply by selling your lesson plans online to other teachers. Its something youre doing , so why not talk about the knowledge

Make an online guide. If youre an expert in your area or have in-depth knowledge of how something works or how to fix something, you can write 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 which offers 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 advertisement space on your car. All you have to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to let researchers monitor 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 which 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 make extra money with just some simple hospitality.

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

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