Passive income, commonly called residual income, roughly translates into receiving sustainable income through little effort on your part. Residual income is the holy grail sought by so many either online or through offline efforts. Does achieving this goal mean no work? The answer to that is no. To create money out of thin air is just something too many of “those types” of programs would love you to fall for – to believe is possible. It’s not, so let’s take a look at what will get you what you need… more money.
Residual Income Trial by Fire
As stated above, it is entirely possible all internet marketers have been taken in by promises that cannot possibly be lived up to; a reality that does not exist. These types of programs make statements that persuade you that residual income just happens. You need do nothing and magically money falls from the sky. So you test the waters, become disenchanted, and reach the point of, “Do I go on or do I give up?”
Do not give up.
In reality, you have taken all the right steps – trial by fire so to speak – to prove to yourself that most of what is out there is pure rubbish. You, like Edison, have discovered the 1000 ways not to make something happen. Then, presto!, your luck changes and you, like Edison, find the solution. (more…)
It’s an interesting fact that when you do a search for “recruit a friend” in Google, the results that come back on page 1 focus mainly on the video game World of Warcraft. Yet, those of us in internet marketing know that the satisfaction and success we get with the recruit a friend concept is very similar. When you refer a friend in a game you get something from it. When you recruit a friend for an MLM program, you get more… money.