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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 idea. Interested companies are willing to pay royalties in exchange for the right to use your idea.

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 rewarding passive income source! Once you find the appropriate spot, hire someone to restock the machines to you and youve got your own business going. .

Start home or pet sitting. This one is a kind of hybrid vehicle passive/active income source, but if 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. Even though the YouTube space is aggressive, theres little overhead cost to get started. If youre passionate about your chosen niche and supply 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. When you have a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties each time a client 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 merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the products offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites could be a great 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 files such as icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to inform Writers no longer have to wait for the attention of a publisher to release their job. If you market 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 movie 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 price. Many people are looking to furnish their houses on a budget and could happily print the artwork themselves.

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

Record a video course. 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 other educators. Its something youre doing already, so why not share 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 write a guide for this.

Sign up for cash back credit cards. Many credit cards offer some type of money back benefits, but finding one that delivers the most rewards for your lifestyle is the secret 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 drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to let researchers monitor anything out of your shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a great source of passive income which needs little to no effort.

Rent a room in your home. If you already have an extra space in your home, rent it out. You can make additional money with only some simple hospitality.

Shop with cash back sites. Shopping through sites that offer here cash back rewards can be as powerful as couponing, if not more! view it now Simply shop as you normally would and earn rebates on your purchases.