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License a business thought. In case you've got a great idea for a business or product, but dont have 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.

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, hire 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 vehicle 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 extra cash.

Begin a YouTube channel. Even though the YouTube space is competitive, theres little overhead cost to begin. In case youre passionate about your chosen niche and provide value to your viewers, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your photos. If you have 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 goods. Create fun and trendy images for e-commerce websites like Zazzle or even 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 products sold.

Create website 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 documents such as 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 writer to release their job. If you market 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 assist companies or video founders looking for high quality sound.

Sell digital artwork 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 cost. Many men and women are looking to furnish their homes on a budget and would happily print the art themselves.

Create 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 Create an eCourse! Whatever you love, theres an audience on the market.

Record a video course. Very similar to e-courses, there are endless options for movie course topics. 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 try this a teacher you can create a passive income simply by selling your lesson plans online to other educators. Its something youre doing , so why not talk about the knowledge

Create 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 some sort of cash 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 car. All you need to do is push aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to let researchers monitor anything from the shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a terrific source of passive income that needs little to no effort.

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

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