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Residual Income Opportunity

Residual income is passive earnings that create a continual revenue stream with very little effort on your part. Most of the work happens during the very beginning, while you are setting it up, and then it runs itself while you sit back and reap the monetary rewards for months or even years to come!

One example is an affiliate program that rebills the customers for a monthly subscription to a membership site, and then pays you a percentage for the referral for EVERY month that the person renews their membership. The average retention rate is 3-4 months, so after the first sale is made, you then make passive revenue for those extra months with no further effort at all! This is what we refer to as a successful residual income opportunity!

Of course, not everyone you referred will turn out to be lucrative for you…some might not be interested in renewing anything. However, in my experience, it is a very worthwhile pursuit, as I’ve had some residuals last as long as 2 YEARS! Imagine having a residual income opportunity lasting that long with NO work from you beyond the initial setup stage!! How awesome would that be???

I’ve recommended the “Massive Passive Profits” program here, but there are other opportunities for you to try as well. Basically, anything that has a referral system in place will work. You simply refer your friends, family, instant messenger contacts, Facebook, Myspace or Twitter lists, etc, and you get paid for the signups you bring, even if they join several weeks later. Then when they get referrals, you make money again! Forever!!

Sidetick is another good example of this. Simply refer others using your affiliate link and, not only do you earn from those who signup under you, but you also receive earnings from whoever your friends refer as well! That’s the power of a good residual income opportunity for you!

Linkgrand is a great place to advertise your own opportunities to others while also making a few bucks in your own pocket. It’s worth having a look!

Take charge of your future TODAY!!