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Residual Income Opportunities You Can Use To Earn Streams Of Income

Guest post by: Cynthia Minnaar

Article Overview: There are many residual income opportunities available and creating streams of residual income is something Internet marketers are doing all around the world.

Residual Income Opportunities You Can Use To Earn Streams Of Income

On the internet there are many residual income opportunities. Building multiple streams of residual income is something many Internet marketers are doing every day. This article discusses three ways you could generate residual income that pays you in the future for work you are doing today. 1. Local business websites. A great deal has been written about doing marketing for local business owners. An interesting twist on this is to build websites around local business keyword phrases. Once you get good rankings for these sites you can sell advertising to local business owners. The fact that you own the site and make money on the advertising is the great thing about this approach. After a while you can have hundreds of these sites making you money. You'll find it is much easier to get high rankings for local business keyword phrases than it is for other more competitive phrases. This means it wouldn't take a great deal of work for you to maintain these rankings and your income can continue even when you are not working. 2. MLM business. Make money on the efforts of others by building a downline in a network marketing business. As your group becomes larger the more money you will continue to make. Something that works very well is to branch out and generate streams of income in more than one network marketing company. Should one specific opportunity begin to drop off this allows you to protect yourself. You can make more money when you are involved in more opportunities. You can set up systems for prospecting and sponsoring on the internet. This allows you to run a very hands-off business as it will even do the training for you. 3. Email marketing. Many internet marketers have mailing lists of thousands of people. You can develop residual income even when you are not working by storing these names in an email auto responder. It is possible to pre-program your auto responder to send out messages several months in advance. You can make money every time a message goes out that offers a product for sale. You can develop a residual income selling products to your subscriber base as they get to know who you are. You can send out a new message, which only takes a couple of seconds to hit the submit button, every time you want to make some extra money. These are three residual income opportunities you can use to create streams of residual income. In fact you could generate a residual income doing all three of these as each one is independent of the other.

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Article Tags: residual income opportunities, streams of income



Related Forum Posts
Re: What are your success criteria? - [quote="DwayneGarrett":1igrdgib]Out of curiousity, what has to be present for you to know that your business is a success? The top three things for me are: 1. Maintaining a 6 figure income year in and year out. 2. Creating and promoting my own products. 3. Income not solely dependent upon my personal effort. How about yours?[/quote:1igrdgib] I would have to say mine were: 1. Monthly Residual Income that exceeds all expenses by 110% 2. Free time to create and promote my own products (relies on #1) 3. 5% of all revenues generated by my team going to feed starving kids Now that is "feel good work".
Revenue Streams for Websites - Too funny, I was just reading a book: Multiple Streams of Internet Income: How Ordinary People make extraordinary money on line, by Robert G. Allen. 2001 That's a misnomer, though - they're not ordinary people, they're people with established careers who can take their expertise and exploit it on the web. Ways to generate income? 1) Sell your own material on the site. Ebooks, etc. 2) Join various affiliate programs that match what your website is about. 3) Google adsense - All my money comes from this... it's started out slow but as readership of my sites grown, the income has grown. Nothing to write home about yet... 4) Google adwords - the advertisers whose ads show up on Google Adsense. Unless you're selling big ticket items on your site you don't want to use it, your keywords can cost from 20 cents upwards.
What are your success criteria? - Out of curiousity, what has to be present for you to know that your business is a success? The top three things for me are: 1. Maintaining a 6 figure income year in and year out. 2. Creating and promoting my own products. 3. Income not solely dependent upon my personal effort. How about yours?
Internet Marketing Conference on SLife - I've been trying to log in but it keeps crashing.. anyways.. a friend of mine in BC plans on holding Internet Marketing Conferences on SecondLife and have the same top internet marketers that would normally be in Live Internet Marketing conference speak. Income will be generated from admission charges, product sales during breaks, sponsor tables, etc etc.. Just to get the ideas flowing in your head that anything you can do in the real world can be replicated in SL. There is no planned date as of yet for this conference.
$1,000,000 - Hi Evan, Are you talking about US Dollars? If so, that would be approx £500,000 in the UK. The Canadian Dollars differs also from the Australian Dollar. In any case, one needs to solve problems to help people to get money. The more solutions are given to people's needs to solve their problems, the closer one gets. Finally, are we talking about 'Income' or can we talk about 'Asset'? Kindest Regards Beat "Unlock People's Potentials!"


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