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License a business idea. If you've got a fantastic 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 of those vending machines, but the vending machine business can be a lucrative passive income source! Once you find the right place, employ 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 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 home 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. In case youre passionate about your chosen niche and supply value to your viewers, advertisement 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, consider selling your photographs to stock photography sites. Once approved, youll earn royalties each time a customer downloads one of your photos.

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

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites 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 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 wait for the attention of a writer to release their work. If you advertise 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 go to my blog or video founders looking for high quality audio.

Sell digital art files. To reduce 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 homes on a budget and could happily print the artwork themselves.

Make 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 Produce an eCourse! Anything you love, theres an audience out there.

Record a video program. Similar to e-courses, you will find endless options for video course subjects. Video as a medium delivers 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 make a passive income simply by selling your lesson plans online to additional teachers. Its something youre doing , so why not share the knowledge

Make an online guide. If youre an expert in your area or possess 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 sort of money back benefits, but finding one that offers 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 car. All you need to do is push aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to let researchers monitor anything out of the 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 house. If you presently have an extra space in your house, rent it out. You can earn extra money with only some basic hospitality.

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