InsaneJournal

How To Build Residual Income And Do Others A Service In the Process

You are a savvy business person and you know one of the secrets to success will happen for you if you build residual income streams. But, what if you could also be a super nice person, helping others in the process and accomplish the same goal? Sounds like a win – win situation, doesn’t it?

Information is the currency of the Internet. Everyone starts looking for good, valuable information when they go on-line. So you are going to give it to them.

At first it is a natural inclination to want to keep your cards close to the vest and not tell others much about your techniques and tricks. But, what if you could share information and make money from doing that?
This is really a simple idea, but it works like crazy. Simply lay your knowledge out and share freely. Maybe you don’t have to be highly clear on some of the specifics, but you give the big picture. And, you give resource links and suggestions to venders that can make it happen.

These are the type of services that operate month to month for a client. For instance, maybe you suggested that pay per click advertising was the way to promote a restaurant. You are an affiliate of a consulting firm that does that type of work very successfully. The person taking your advice gets good information from a trusted source - you, and you get rewarded for sharing how you use this service.
The consensus among smart on-line marketers is that you can lay out a lot of very valuable information for free to people, and still make sales to them because most people do not want to implement detailed plans.

So, my suggestion is to be open with your information. The people who like it, but realize they will never find time or motivation to complete it, will use your sources. And hopefully, you are using affiliate programs that offer residual income.