Residual income is the crme de la crme of revenue. In its most general incarnation it is little more than the act of receiving an income from an activity you performed only once. Artists, such as musicians or writers, know this form of residual income as a royalty. This is an income that can be very attractive to those in business.
For those who are loyal viewers of the late night infomercials that so frequently tout their business opportunities where you can make money while you are sleeping, the term residual income is most likely a familiar concept simply because it is used within the context of such ads. Although overstated in that particular venue, there is a bona fide methodology on the Internet for earning this kind of profit! This is not an area that should be ignored, especially if you are seeking different ways to generate income.
With respect to online ventures, the holy grail of residual income is the affiliate marketing relationship that may be entered into between a hopeful entrepreneur and an e-book company or multi level marketing business. While many mistakenly believe that any kind of network marketing scheme will permit for residuals to continue...
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