Residual Income: The Secret to Long-Term Internet Income

Written by Jeremy M. Hoover


The Secret to Long-Term Internet Income © 2005 Jeremy M. Hoover // http://hoovermarketing.info

Perhapsrepparttar best product is one that has recurring monthly fees. This is known as residual income, and isrepparttar 102208 best income to make, because you make one sale but are paid month after month.

Would you rather make one sale for a one-time $65, or one sale for a monthly subscription at $10 per month? I would rather haverepparttar 102209 monthly subscription, because afterrepparttar 102210 seventh month I will have made more thanrepparttar 102211 $65 fromrepparttar 102212 first sale, andrepparttar 102213 money will keep coming! It is possible that you can still be making money three years downrepparttar 102214 road from one sale.

Here is another example to show yourepparttar 102215 power of residual income: You work everyday for a company. Your paycheck is dependent upon your working. If you don't work on a given day and you are paid hourly, you will not be paid for that day. If your job is to make widgets on an assembly line, you must make those widgets to get paid.

But what if you wererepparttar 102216 one who patentedrepparttar 102217 widget? Then you would receive income over and over again any time someone made or bought one of your widgets. You don’t have to makerepparttar 102218 widget anymore, but you get paid every time someone buys a widget! This is residual income: it is income that you make over and over again from working one time. There are many great affiliate programs that you can market that can bring you residual income. You can also start your own subscription or membership website.

A related concept to residual income is leveraged income. Leveraged income is similar in that it can be residual. More importantly, leveraged income is money that you make from other people's efforts!

To userepparttar 102219 same widgets example, if you make widgets on an assembly line for your job, you have to do that to get paid. But if you wererepparttar 102220 one who patentedrepparttar 102221 widget orrepparttar 102222 technology to makerepparttar 102223 widget, you would continually receive income every time someone made or bought one of your widgets.

Discover The Affiliate Program That is Right for You

Written by John Tillotson


Discover The Affiliate Program(s)That is Right For You

Are you looking for a profitable Affiliate Program? When you start to examinerepparttar possibilies for your homebased business, it is easy to be overwhelmed withrepparttar 102207 sheer number of "opportunities" available. A search for "Affiliate Programs" in Yahoo alone, will yield over nine million matches! As with anything worthwhile in life, starting a homebased business using affiliate programs, should not be done without doing some homework. Take your time and do some research, think about what it is you want to accomplish. Are you looking for a full-time business with "full-time" income, or is your goal to make some extra spending money? Set your Goals before you start and find a program that will help you meet them. Use common sense when researching affiliate programs, rememberrepparttar 102208 old saying, " Anything that seems to good to be true.....usually is". Look for programs that provide a wide variety of marketing tools and support, after all, if it is legitimate they have a vested interest in you success. If your a newbie, don't try to re-inventrepparttar 102209 wheel, there are many successful people involved with affiliate programs. Most of them are eager to share their secrets, their mentoring will save you alot of time and money, time and money you could apply to growing your new business. The vast majority of people who fail in affiliate programs, arerepparttar 102210 ones who fail to educate themselves on how to promote their new venture. Learn from those who have been there..done that!

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