Wednesday, November 01, 2006
Building Residual Income from Home
Working online is a business no matter which way you look at it. I see people always looking for the easy way out, and that just isn’t going to happen. There is no easy button in life, and there will never be one. If you want to make money online you’re going to have to work for it.
I find the easiest possible way for someone to make money online is from residual income, and leverage. So lets break it down to see exactly which each does.
Residual income is when you do work and get paid for it, but you also get paid in the long run. I am not talking about MLM. Residual income allows you to get paid monthly for work that you only need to do once. A good residual income would be and investment program. Something that you do once and every month it makes you money.
Leverage is where you sign up two people then you get their sales, and then those people go out and make sales and you get them. This might sound like and MLM but its not. This is called leverage. Working this way is what I like to call working smarter not harder. You are getting paid for your harder work, and hard work of others.
The business programs you will find online today do not offer you the chance to make residual income. Most programs deal with direct sales meaning that everyday you have to find away to make your money or else you lost.
The one thing I see people don’t do is work smarter. They do things 10 times harder and earn less money for their efforts.
Finding a business that allows you to earn residual income is tricky, and can be hard. If you don’t know what to watch out for you can fall prey into the traps, and lose out on your hard earned money.
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