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Creating Residual Income - Affiliate Programs Are The Answer


By Deon Du Plessis

If you are tired of the daily nine to five slog and trapped in the proverbial rat race of modern life, it s time for you to take a trip back to the Middle Ages. Here s why: In the Middle Ages, although no one really knew it at the time, a concept developed that would be responsible for the wealth of some of the biggest business titans in our modern age. Back in the Middle Ages a select few people (usually aristocracy) were land owners, and we are not just talking about little lots, but we are talking states and provinces which  belonged to individuals and families. Due to their positions as land owners they were able to make a fortune for doing absolutely nothing.

See, what these landowners did was to charge every person who lived on their land a levy  regardless of what they did on the land. If you were a landowner and you had seven towns on your land every person and farmer in and around those towns had to pay you a monthly or weekly fee, just for being there. This is where the idea and the principle behind residual income originated. Residual income, by definition, is income that continues to be generated after the initial effort has been expended. As for the landowners, their asset (the land) kept on bringing in income month after month without them having to do much more. After they got hold of the land their income was residual.

Most people today earn linear income. Linier income is income that is directly proportional to the amount of hours you work and it is nothing more than a reward for your time and effort. Residual income, on the other hand, is what is often called smart money. The really rich never  work for money. They set up residual income streams that keep working for them and they earn money long after they set up the system that generates it. You either work for your money or your money works for you.

The sheer thought of going to sleep and knowing that you are actually earning money while you sleep is a blissful thought and one that I am sure appeals to many. The problem is that residual income remains an illusive concept for most. Surely it sounds nice, but  how do you create residual income for yourself? I believe that when it comes to residual income programs hold the key, especially if you are starting out with nothing and especially if you are stuck in a current job that limits your free time.

Before we look at how you can create residual income with programs, lets look at some of the more traditional ways of creating residual income. Firstly, if you have a lot of money you can create residual income by investing your money. Your return on your investment will be a recurring income or you can invest your money in a business that will make you money even if you do nothing. This is where the idea of  it takes money to make money comes to its own. Similarly, you can invest your money in real estate and let it out to receive a monthly income from the rent. The second way to earn residual income is to write a book. You do the work once and you earn a royalty or commission for every book that gets sold. This can be highly lucrative, but it definitely does not strike a cord with everybody. Many residual income programs are based on ebooks that pay commission, but more on this later. In a similar way you can write a computer program or a play or a movie and earn residual income off that. Once again this requires significant amounts of time and above all - talent.

I am sure that there are many people who actually do have the time and talent to do that, but for the rest of

Successful Affiliate Marketing - 3 Crazy Tips


By Avery Randall-mable
How to Affiliate Market SuccessfullyIt is not hard to know how to affiliate market successfully. All you need to do is imitate the people who are already successful. There are literally Read more...