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License a business thought. If you've got a great idea for a business or product, but dont have enough time to start it yourself, consider licensing that thought. Interested companies are willing to pay royalties in exchange for the right to use your idea.

Purchase 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 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 home and pets while theyre on vacation for a little additional cash.

Begin a YouTube channel. Even though the YouTube space is aggressive, theres small overhead cost to begin. In case 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've got a natural eye for photography, consider selling your photographs to stock photography sites. Once approved, youll earn royalties whenever a client 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 sorts of products from t-shirts to mugs. Production is taken good 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 sites 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 documents like 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 release their job. Should 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 founders looking for high quality sound.

Sell digital art files. To lower overhead expenses and minimize supply chain logistics, design a piece of art or photography and offer a digital download for a lesser cost. 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 about anything youre passionate about. Have a great deal of knowledge about digital marketing Create an eCourse! Are you an expert in the field of bird watching Produce an eCourse! Whatever you love, theres an audience out there.

Record a video course. Very similar to e-courses, you will find endless options for video course topics. Video as a medium offers 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 , visit their website so why not share the knowledge

Create 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 compose a guide for it.

Sign up for cash back credit cards. Many credit cards offer you some sort of money back benefits, but finding one that delivers the most rewards for your lifestyle is the key 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 need to do is push aroundwhich youre probably doing anyway!

Engage 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 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 offer cash back rewards can be as effective as couponing, if not more! Simply shop as you normally would and earn rebates on your purchases.