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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 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 actually 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 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 when 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 cash.

Begin a YouTube channel. Although the YouTube space is competitive, theres little overhead cost to get started. In case youre passionate about your chosen niche and provide value to your audiences, 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 whenever a client downloads one of your own photos.

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

Create website templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce websites 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 documents like icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to inform Writers no longer have to wait for the attention of a writer to release their job. 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 index tracks, can generate a decent passive income and assist companies or movie creators looking for high quality sound.

Sell digital art files. To reduce overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser cost. Many men and women are looking to furnish their homes on a budget and could happily print the art themselves.

Create an eCourse. An eCourse can be about anything youre passionate about. Have a lot of knowledge about electronic marketing Create 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, there are endless options for movie 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 create a passive income simply by selling your lesson plans online to additional educators. Its something youre doing already, so why not talk about 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 correct something, you can write a manual for it.

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

Participate in research studies. Get paid to allow researchers track anything out of your shopping habits to you sleeping patterns. In Resources case youre comfortable sharing this information, it can be a great source of passive income which requires 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 earn extra money with only some simple hospitality.

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