Are There Any Residual Income Opportunities for the Average Person?
Are you missing out on the most promising residual income opportunities of the modern world? Discover the best ways to building residual income, either online or off.
What is residual income in the first place?
Here’s a quick definition from Wikipedia:
income (or passive income) is an income received on a regular basis, with
little effort required to maintain it."
As a comparison, let's see how you
make money in a regular 9 to 5 job?
You wake up early in the morning, go to
work, stay there for 8 hours and then go home.
By the time you get back to your
family, the whole day has passed.
traded your time for money. And that’s the exact opposite of what residual income
residual income, you have to put in the work upfront so that you can sit
back and enjoy the benefits later.
This way, instead of trading hours for
dollars, you’re leveraging your time.
option sounds better to you? Personally, I’m a huge fan of residual income
Are Residual Income Opportunities Only for the Rich and Famous?
was a time when I used to think so. Now I’m here to help you think otherwise.
It is possible for anyone with enough
commitment to generate residual income.
It used to
be a lot harder in the past without the internet. Truth is, it’s still very
risky and dubious in the offline world.
the internet makes it so much easier. Starting an online business and making it
profitable is not that complicated. It is certainly not as hard as internet marketing
“gurus” make you think.
Offline Residual Income Opportunities
your own book
- MLM (multi
royalties from your invention
- Starting a
small business offline
As you can
see, these examples are not easily attainable.
any of them takes a lot of capital, time, research, skill and even more risk.
In my opinion, these aren’t ideal ways to generate residual income.
Real Life Example #1
Let’s use J. K. Rowling as our example. She’s now a multimillionaire thanks to the Harry Potter series (I’m a huge fan of those books by the way).
She must be making thousands of dollars every day. Do you think she’s still working to generate that money?
I highly doubt it! She took the time to write all the 7 books once, but
that’s it! Now she just sits back and watches the money roll in.
She put in the hard work upfront, and now she’s reaping the benefits even years afterwards.
But not everyone is as talented (lucky?) as J. K. Rowling or other authors.
This is definitely NOT the best residual income model for the “average” person.
Online Residual Income Opportunities
I admit, I’m a little bit biased because I’m running an online business
myself. But you’ll soon see why I’m so eager.
online world, there are many residual income opportunities such as
your own digital products,
if you don’t know anything about these yet. They are very easy to learn an
implement. Don’t let anyone discourage you!
in all of them that they
only a small amount of money to get started
a lot less time to succeed
nowhere near as risky as starting an offline business
The Best Residual Income Business
starting your own online business website is the best way to go. I’m doing it
myself and this is how most people become successful online. The costs are
minimal, the risk is even lower and the profit potential is great!
want to lie, but by investing only $20-30 a month for only 1 or 2 years, you could be
making hundreds or even thousands of dollars in passive income monthly.
Passive Online Income Example
Crystal Maleski from makedinnereasy.com
She also mentions that starting www.makedinnereasy.com was a great decision because it involved a lot less risk than starting a physical store.
She’s an inspirational example, since she knew nothing about building an
online business when she got started.
However, gradually, she became
more and more experienced and managed to reach over 1.500 visitors a day and more than 7.500 subscribers. Talk about amazing results!
I highly recommend you read more about her fantastic journey here.
And if a work at home mom like Crystal can do it, so can you! That’s the beauty of starting an online business.
The Best Advice I Can Give You
researching residual income opportunities in Google and other search engines.
You’ll only go mad from information overload and probably give up.
choose one passive income business model and focus your full potential on that
one. As I already suggested, the best online business opportunity is starting
your own website.
- Don’t ever
let anyone tell you, you can’t generate passive income online! This can be the
most important decision of your life, so don’t give up on it! If you need some
emotional support, just reach out to me. I’m always there for you.
Summary of Residual Income Opportunities
income is ongoing income you receive for work you’ve done in the past. It lets
you leverage your time instead of trading hours for dollars.
- Thanks to
modern day technology, residual income is now within the reach of every person
who’s serious about earning passive income.
- The best
passive income opportunities are online because they take less time, less
money and involve less risk.
- The best
residual income opportunity is starting your own money making website. It’s a
small investment, but the profit potential can be huge if you do things the
- There are
still no get rich quick opportunities on the internet, but generating passive
income is indeed possible for everyone who wants to give it a shot.
- The best thing
you can do is to start with one model and stick to it. Focus all your energy on
that and don’t get sidetracked.
don’t let anyone tell you you can’t do it. Generating passive income online is
indeed possible even for you. Don’t give up! This could be the most important
decision of your life.
- If you
feel lost or are a bit skeptical, don’t forget that I’m always there for you. You
can count on my support all the way through. All you have to do is ask me what
What Should You Do Next?
Do you have
any questions about residual income opportunities? Would you like me to help
you with something? Feel free to contact me right away. I’d be happy to help
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