success

November 10, 2012 by aaliyahrodrkguez   comments (0)

passive income

Whenever we uncover the wonders of residual income, the majority of us 9 to 5 workers feel we don't possess the time for you to invest in generating what we should perceive to become a random income.

We have seen it as random, i.e. at times we get no income from it whatsoever along with other days we 'earn' more than we thought. What we should may also see is it is just a little bit of cash, that is nowhere close to our salary, therefore it's not worth bothering with and certainly not worth quitting your job for.

There are a couple of things that maybe you have not realised here. On the web, your income comes night and day and also at weekends, 24 hours a day, throughout the world.

There is also the concept of scalability.

What is so beautiful about any passive income streams is they are often scalable, and therefore you can add and repeat the process endlessly. If you have setup one on the particular subject, you can go and do something completely different and set up a different one.

internet marketing

Setting up the second idea is a lot easier than the first as you have already introduced you to ultimately many of the tools and resources you have already used, such as Adsense or YouTube. Therefore the mechanisms for setting up your next passive income stream are recognized to you and you are happy for their services again for your second and ongoing ideas.

The one thing left for you to do is to think of some good quality content that you can give to the world by means of an internet site, blog, video on YouTube or perhaps an article on a single of many article directory sites.

So for instance, the first residual income stream, a website on dog training, only earns you a few dollars a month. Now you can set up another website on writing musical ballads, something you have a passion for.

What you should realise is the fact that while you produce more websites or videos or articles, those that you didn't think would prosper do and conversely, what you think is the best website doesn't. This fickleness from the public will drive you mad, but it's still good watching the small items of cash fall under your bank account!

Eventually, the combined little items of income from each source will begin to accumulate.

So keep in mind that scalability is the answer to increasing your passive income in a slow but sure way, by giving people what they want in the form of reliable information and content. What that content is, is up to you!