Thursday, February 21, 2008

Passive Income

Creating A Passive Income Online

To me, passive income means doing something once and then earning for a long time to come. A pop star, writer, movie star or rental property tycoon are examples, where they do something once and earn for many years o that one piece of work. In the past, this has only been available to a select few, thanks to the internet, it's now possible for anyone to experience the beauty that is, passive residual income.

This is something that you can start to do part time, then gradually this 'part time' passive income opportunity will eclipse your full time job and you will never look back again. Another benefit of having your own residual income business online, is the 'risk free' element involved. A small start up cost, with an even smaller monthly fee and you're away. And if it doesn't work, quit and that's the end of it. You do not have to take out a loan or re-mortgage your house.

If it's such a small risk, why isn't everyone doing it? I hear you cry. Well, the answer to that is simple, people are happy with their lot in life, no, sorry, people aren't happy with their lot in life, they're not happy, but equally, they are not willing to do what's needed, to change their life. As the old saying goes, 'If you keep doing what you've been doing, you're going to keep getting what you've been getting' To succeed, you must change something, it may be as small as working online for half an hour each evening at first. It drives me up the wall, when people start an online business and do very little, then wonder why they aren't earning a fortune. Doh! Follow the step by step, stick to it and you WILL be successful.

There are hundreds of passive income opportunities out there, on and off line. But the Internet has made the dream of passive residual income a reality. Today, creating a passive income online has never been easier, but there are some things to look out for.

If having your own residual income business appeals to you, a little bit of knowledge and a whole lot of drive, is all you need. With every residual income opportunity, there needs to be~

1. A product or service that people need and want
2. A step by step, PROVEN system that is so easy to follow, even your pet dog could implement the techniques.
3. Support and materials, online, offline, or indeed both.
4. History, I would never enter an passive income opportunity without a history of other people being successful with the company. In a new business, I know someone's got to be the crash test dummy, call me selfish, but I'll leave that part to someone else.
5. The opportunity to earn as much money as your heart desires.

If the opportunity checks all these boxes, you just need to ask yourself a few questions~

1. Am I going to do what it takes to succeed?
2. Have I got the desire to succeed?
3. Why do I want to succeed, are my reasons strong enough?
4. Will I stumble and fall at the first hurdle, or will I pick my self up and carry on with relentless determination?
5. Do I really want to change my life and live the life of my dreams?

If you answer these 5 questions correctly and you all know what the answers should be, you are set for success and a recurring monthly income that will change yours and your families lives forever. Go Get It!

Linden Huckle is the owner of Let Linden show you how to launch 6 automated affiliate income streams, that all provide monthly residual income:

1 comment:

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