With the wide availability of home recording software such as Garage Band and Sonar, just about anyone with some music talent and a few thousand in capitol can put together a computer based home recording studio. You can use a studio to record beats and list them for sale on sides like Sound Click. This is an excellent way to make some income, if you are good at what you do.
An alternative is to follow in the footsteps of bands like KO. KO is a one man driven band that records, produces and distributes albums such as 175 Cherry Lane. A contemporary rock album full is tasty guitar lines. In fact, 175 Cherry Lane from KO served as my inspiration for this money making tip. I've been listening to this album for a few months and it amazes me how well an independent album can sound. In-fact, if you do a bit of researching, you will quickly find that the underground world of music is thriving...more so than big-box distributors.
If you have musical talent and a bit to invest, take a look at your options. If you have no musical talent, head over to CD Baby or iTunes and download Ko's newest album. You won't regret it!
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