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License a business thought. If you have 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 lucrative passive income source! Once you find the right 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 sort 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 extra 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 supply value to your audiences, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your own photos. If you have a natural eye for photography, then consider selling your photos to stock photography websites. Once approved, youll earn royalties each time a client downloads one of your photos.

Design t-shirts or other goods. Create fun and trendy graphics for e-commerce sites like Zazzle or CafePress to place 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 website templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites could 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. Do you have a story youre itching to inform Writers no longer need to await the attention go 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 income and help companies or movie founders looking for high quality audio.

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 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 i was reading this 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 on the market.

Record a video course. Very similar to e-courses, you will find endless options for movie 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 create a passive income simply by selling your lesson plans online to other teachers. Its something youre doing , so why not share the knowledge

Make an online guide. If youre an expert in your field or possess in-depth knowledge of how something works or how to fix something, you can write a manual for it.

Sign up for cash back credit cards. Many credit cards offer some sort 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 car. Some companies will pay money for advertisement space on your vehicle. All you sites need to do is push aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to allow researchers monitor 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 requires little to no effort.

Rent a room in your home. If you presently have an extra room in your house, rent it out. You can earn additional money with only some basic hospitality.

Shop with money back sites. Shopping through websites which provide cash back rewards can be as powerful as couponing, if not more! Simply shop as you normally would and earn rebates on your purchases.