Building Residual Income

| Total Words: 433

What is a residual income?

Residual income is a type of income thats lasting. It means you dont have to work all your life to earn money, with little effort; you can sit in the comfort of your own home and earn money.

The internet is one of the fastest growing markets for different kinds of businesses. Imagine you can target customers from almost anywhere in the world. There are also a lot of payment options online. No matter what country you are from there is always an opportunity for you.
Here are some ideas you can do to generate a good paying site.

1. Create ebooks. You can get more profits if you publish it yourself. However there are certain advantages if you let publishers market your book. Publishers know a lot of sites where they can place it because they have more experience. Ebooks are easy to download, you only have to create one and anyone can download it even when youre not there as long as they pay for it or as long as theyre subscribed. Of course there are certain rules that you have to follow like getting a ISBN number for your book.

2. Create downloadable learning tools like CD. If you are an expert on something and you would...

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