Passive and Residual Income: Is it Possible?

Everybody wants to be able to do nothing and get paid. The problem is very few people know how to do it and those who do are not usually willing to share that information for free. The reality is that there are many ways to achieve this do nothing get paid dream.

Some are very complicated and take lots of time and money to successfully achieve. Those same businesses can also be the most profitable.

There are also relatively simple ways to make a passive and residual income. To be more clear residual income is passive. You get paid over and over for your initial work.

If you wanted to you could outsource each aspect of creating a passive residual income. I do not recommend this because you have to know exactly what you are doing to achieve success this way.

So first you need to know how you can build a passive residual income. For non experts the best way of doing this may be to join a business already in place. Then all you need to do is advertise, by the way there are very legitimate businesses like this that I have personally made money with.

Affiliate marketing can be a passive residual income source, but membership sites are more likely to provide monthly income for people who don’t have great advertising skills.

Overall you can make more money with membership sites because your income will increase over time as you get more customers, although you have more options of products and price ranges with selling non membership products.

So once you find a great product you need to research keywords related to the product. Googles keyword tool may be good enough. You can actually type the name of the product in as the keyword.

Next choose your keywords so you can start your advertising. Your main advertising method should be targeted visitors. Examples of this are writing articles, posting comments and pay-per-click. They all should provide good content about a subject related to your product. Then simply have a link to your product.

After creating several articles and post you will start seeing sales and will continue to see sales. This will eventually be passive and residual income. I highly suggest linking traffic to your own website or blog this way you can increase your seo and provide more information about the product or related products that you are selling.