For all your online business building info! , 2020-02-19 07:20:25
How to Earn Residual Income Online!
If you are like most people then you probably work a typical 9-5 job. Those people that work forty hours a week earn what is called “linear income.” In other words, they get paid for the exact amount of hours they have worked and not a dollar more. There is a much better way to make an income – this better way is through residual income.
In the past, before there was the internet, only published authors and actors received residuals or royalties for their work. Nowadays you to can do many things to earn extra money online and also create residual or passive income for yourself.
“How can I create residual income?” you may ask.
There are plenty of ways you can make money online, even residual income. Take a look at the following examples:
1. Selling Photos Online
Maybe you always dreamed of becoming a freelance photographer or just want to sell your photos online as a way to make an extra buck. By selling them on one of the many online photo selling services or on your own website you can make a nice income. The best thing is that it is residual income, because every time someone buys your photos you receive money (even if it is sold, over and over.)
2. Ads and Writing Articles
If you have your own blog or website you can also make a residual income stream, by placing ads on your site, for example AdSense. Every page or post you add is a potential money making machine, because people will find old pages through the search engines and there is a change that they will click on an ad.
3. Selling an EBook
You could also write your own eBook and try to sell it online, many other do it, so why shouldn’t you! You could sell it from your own website. After writing and placing it on your website, you’ve created a residual income stream.
4. Become an Affiliate
You can also become an affiliate marketer by placing other people’s product links into your own content. Each time a user clicks the affiliate link and does the required action (opt-in or buys a product) you will receive a commission payment.
These are just a few examples, but you can see that it easy to create passive income. The best thing of passive income is that you keep getting paid over and over again long after you have put in the initial investment of your time and effort.
Don’t let another year of your life pass by without creating some unique sources of income for you and your family. Start today!
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