I’m just fol­low­ing up on my post about blog­ging for resid­ual income.  Here’s a few more tips and tricks on how to get started.

Blog­ging is fun and prof­itable.  You don’t even have to be a great writer, just so long as you’re pas­sion­ate about a subject.

Writ­ing Your Way Into Resid­ual Income

Do you like to write? Do you know HTML? Can you upload files? That’s pretty much all it takes to earn resid­ual income on the inter­net. Any addi­tional skills learned along the way will only be a plus. The inter­net has a host of infor­ma­tion and will teach you every­thing you need to know to make money and become suc­cess­ful at it.

Let’s take this a step at a time:

THE WRITING PROCESS:

If you like to write, write a few arti­cles. What to write about? Well, here’s my the­ory. There are four areas to think about to help you begin writing:

1. Write about what you know: In my case, I have over 20 years of com­mer­cial insur­ance expe­ri­ence. I’ve writ­ten sev­eral arti­cles about insur­ance. No, it’s not my favorite topic, but it’s what I know and I have earned resid­ual income from that knowledge.

2. Write about what you want to know: I want to know more about health, fit­ness and healthy eat­ing so I write arti­cles about it. I research, learn and share my knowl­edge with any­one who is will­ing to read it.

3. Write about what you do: I’m an at-home mom and free­lance writer. I write about what I do. I write about the way I save money and share tips on fru­gal liv­ing and house­clean­ing and other such topics.

Click here to con­tinue reading »

Some of you may be think­ing, “how does one make any pas­sive income as a blogger?”

Well it’s pretty sim­ple. By writ­ing about what you love and engag­ing in a niche you enjoy being in, you can make huge adver­tis­ing deals and do affil­i­ate mar­ket­ing.  If you’re new to this idea, check out this arti­cle.  It gives you the basics on how blog­ging can serve as a pas­sive income stream for you.

Blog­ging for Income — A Pas­sive Income?

Last week two posts popped up in my RSS feeds with the words ‘pas­sive income‘ in their headings.

BJ asked — So Where’s the Pas­sive Income? and Dave writes about Grow­ing a blog or blogs as a source of pas­sive income.

The idea of pas­sive income is obvi­ously one that many peo­ple strive for — and it’s a term that I’ve heard used many times to describe online income streams — includ­ing blogging.

Unfor­tu­nately I wouldn’t use the term pas­sive income to describe blog­ging for income.

While there are a few aspects which could be described as pas­sive — the over­all expe­ri­ence that I’ve had is any­thing but passive.

Where is Blog­ging for Income ‘Passive’?

Archives — Per­haps the main area of where blog­ging has an ele­ment of ‘pas­siv­ity’ to it in how it can earn an income is when it comes to your archives.

I’ve been blog­ging now for close to 4 years and in that time would have pub­lished over 20,000 posts across my own blogs. While the writ­ing of these posts is any­thing but pas­sive (more on that later) the great thing about it is that even after those posts drop off the front page of a blog they con­tinue to have earn­ing potential.

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Pas­sive income is the best way to make money. The rea­sons are end­less. No answer­ing to angry bosses or slav­ing away at an office.

I came across this arti­cle that sum­ma­rizes some of the top rea­sons to start a pas­sive income. If I haven’t con­vinced you already, then give this a read.

3 Rea­sons To Start A Resid­ual Pas­sive Income

Hav­ing a pas­sive resid­ual income flow can bring a lot of free­dom and oppor­tu­ni­ties into your

life. Fol­low­ing are 3 of the many rea­sons you should start build­ing a pas­sive resid­ual income now.

1. Once you have built a resid­ual cash flow, the money con­tin­ues to come in after the ini­tial
work is done. You are mak­ing money even when you are not work­ing. It comes in whether you are eat­ing, sleep­ing, or tak­ing a vacation.

This really comes in handy if you become sick. Imag­ine you are stuck in the hos­pi­tal for a few days or longer and your med­ical bills are pil­ing up. At least you would still have cash com­ing in to help cover the expenses.

2. Pas­sive income brings about per­sonal free­dom. If you build a large enough stream of resid­ual income, you will not have to work for another employer or com­pany. You can work when you want, take a day off when you want, spend time with your spouse and kids when you want, and take a cruise or trip when you want.

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Net­work mar­ket­ing is a great way to start a resid­ual income stream. But when you’re start­ing out it can be hard to tell what’s going to be good and what’s going to waste your time and money.

Check out this arti­cle that runs over the basics of what makes a good net­work mar­ket­ing oppor­tu­nity and how you can start one now.

“Top 10 Ways to Choose a Great Net­work Mar­ket­ing Opportunity

There are a few net­work mar­ket­ing oppor­tu­ni­ties that are just scams. There are far more that may be well-intentioned, but have a poor track record, for any num­ber of rea­sons. So how do you sep­a­rate the wheat from the chaff? Here are ten tips to help you pick the right net­work mar­ket­ing oppor­tu­nity for you.

1. Has the com­pany been around for at least 5 years?

If you want the efforts you put in today to pay off for many years in the future, choose a com­pany that has proven that it will be around for the long term. 90% of all net­work mar­ket­ing com­pa­nies FAIL within their first 2 years. You don’t want to invest your pre­cious time and resources (not to men­tion your future) in some­thing that may not be in busi­ness next month, do you?

2. Is the com­pany well capitalized?

In other words, does it have the cash that it will need to grow, to main­tain a solid infra­struc­ture, to attract tal­ented man­age­ment, to keep pace with tech­nol­ogy — and, of course, to pay your com­mis­sions! (I pre­fer pub­licly traded com­pa­nies because they’re required to dis­close their finan­cial con­di­tion in DETAIL every 90 days to the SEC and other gov­ern­men­tal agen­cies. You may not be able to obtain this infor­ma­tion on a pri­vate com­pany, so you’ll be tak­ing a risk on its finan­cial condition.)

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The inter­net is a great place to start a resid­ual income stream. I found this short arti­cle on one of the many ways you can cre­ate wealth via the inter­net. You have to start some­where and inter­net resid­ual income is cost-effective and easy to start up.

The inter­net is known for cre­at­ing pas­sive income that allows you to fol­low your own per­sonal dreams. So have a look, I hope you get some ideas.

(source)

How to Gen­er­ate Resid­ual Income Online

by the­jon­brown

Intro­duc­tion

Inter­ested in Resid­ual Income? $100 per week? No prob­lem.
Uti­liz­ing the inter­net to gen­er­ate a con­stant resid­ual income is very sim­ple and requires No tech­ni­cal skills, No start up money, No credit card, No social secu­rity num­ber, and No commitments.

Instruc­tions

Dif­fi­culty: Easy
Things You’ll Need

* Com­puter with inter­net con­nec­tion
* Address where checks can be mailed

Steps

Step One

Join Sur­veySavvy and obtain a per­sonal refer­ral link (10 min­utes). When some­one clicks the link, and signs up, you earn money when ever they com­plete sur­veys. Gen­er­ally, you earn $2 for every sur­vey a refer­ral com­pletes and $1 for every sur­vey their refer­ral completes.

There is a quick link to Sur­veySavvy fea­tured under ‘Resources’ (below Tips and Warnings).

Step Two

Start Gain­ing refer­rals. E-mail your refer­ral link to all your friends who may be inter­ested. Post your refer­ral link in dif­fer­ent places. Forums, and other open sites such as Yahoo Answers are great. Watch your Refer­ral count grow.

Click here to read more »

Affil­i­ate mar­ket­ing can be a huge resid­ual income stream.  It has a low-cost set up, is fun, and can free up time for you to travel, learn a new lan­guage, or pur­sue any of your per­sonal goals.

(source)

Here’s a great arti­cle that focuses on the 10 require­ments of affil­i­ate mar­ket­ing that will bring you you’re resid­ual income stream.

“Top 10 Com­mand­ments of Affil­i­ate Marketing

Ten best prac­tice tips for a prof­itable affil­i­ate mar­ket­ing business

Affil­i­ate pro­grams can be a big source of rev­enue. The key to max­i­miz­ing your earn­ings is engag­ing your read­ers. Unlike tra­di­tional ads where you are paid for impres­sions or clicks, affil­i­ates are only paid when/if a spe­cific action is per­formed. The action might be a pur­chase or sign­ing up for a newslet­ter, but regard­less, you are not paid until you’ve com­pelled your read­ers to act.

With that in mind, here are the Top 10 Com­mand­ments for affil­i­ate mar­ket­ing success.

1. Know Your Audience

The most suc­cess­ful way to use affil­i­ate pro­grams is to antic­i­pate and meet the needs of your read­ers. Con­sider why they are com­ing to your site. What are you pro­vid­ing that they are look­ing for? Make sure the affil­i­ate prod­ucts you are pro­mot­ing pro­vide a solu­tion to your audience’s problems.

If you are writ­ing about sports, don’t put up affil­i­ate ads for printer toner just because every­one has a printer and those pro­grams have a high pay­out. The peo­ple who are com­ing to read com­men­tary or get stats for their favorite teams aren’t think­ing about those things when they’re on your site.

The more rel­e­vant the ads are to your read­ers, the more likely they will use them.

Click here to con­tinue reading »

… Yes, numer­ous streams.

The only rea­son I’m able to finance the lifestyle I enjoy today with­out too much effort is because of the resid­i­ual income streams I’ve worked hard to build. I found a great arti­cle that dis­cusses this and I hope you find it beneficial.

(Source)

Pas­sive Income

How to Earn More and Work Less

Do you want to con­tinue work­ing 50, 70, 100 hours a week the rest of your life?

Good! Nei­ther do I.

Do you want to be able to take time off when­ever you want to, with­out wor­ry­ing about what’s going to hap­pen to your business?

So do I!

There’s a say­ing in the cor­po­rate world: “Don’t make your­self irre­place­able. If you can’t be replaced, you can’t be pro­moted.” As an entre­pre­neur, this is still true in its own way. Let’s think of “being pro­moted” as earn­ing more and work­ing less. You can raise your prices, but until you can remove your­self from being directly involved in doing the work that gen­er­ates the income, there’s always going to be a limit to how much you can earn, and it can only increase very slowly.

Pas­sive income, on the other hand, is income that does not require your direct involve­ment. Some kinds of pas­sive income you may be famil­iar with include own­ing rental prop­erty, roy­al­ties on an inven­tion or cre­ative work, and net­work mar­ket­ing. If you want to earn more, work less, and have a decent retire­ment, you’re going to have to start cre­at­ing income streams that do not require your direct involve­ment. Whether you’re just start­ing your busi­ness, or you’ve been run­ning it a while, the sooner you start think­ing about how you are going to shift your busi­ness model to cre­ate more pas­sive income, the sooner you can achieve per­sonal and finan­cial freedom.

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