Monday, November 27, 2006

Online Home Business Residual Income: Start From A Good

Copyright © Michael Laleye

Home based business is a 427 Billion dollar a year industry.
That's more than the pharmaceutical industry, food industry,
and consumer goods indusrty - combined. How? Because of the
sheer number of people in business for themselves who are now
working at home. The extremely low start-up costs, flexible
hours, and the internet are fueling the growth of the home
business segment. As of 2005 as many as 150 Million people,
in North America alone, enjoy the freedom and benefits of
owning their own internet business.

An online business opportunity is a great way to earn a
residual income. Not all online home businesses succeed at
doing that though. Many online businesses fail, but this
does not have to be the case. It is possible to build a good
business and residual income. The way to do it is to build
a good foundation for the business.

The way to set up a good foundation for a residual income
business is to understand the basic way it works. A
residual income business has to be set up so that one sale
keeps earning a person money over and over. If the business
is not set up to do that then it will not create a residual
income. A really good example is an affiliate program. An
affiliate program is created by giving each affiliate a
website encoded with their affiliate ID. Every sale made
off of their website is credited to their ID. Their ID is
also linked to the ID’s of the affiliates they have signed
up. Every sale their affiliates make is also credited to
them. This allows the person to earn income on every sale
associated with the work they have done. Affiliate programs
are not the only type of residual income opportunity, but
they are the most popular. Mainly this is because they are
easy to get started with and easy to maintain.

Beside understanding how it works a person must also
understand that it takes work to build a residual income
business. One of the biggest problems people encounter is
the fact that they think residual income means they do not
have to work at all. That is a huge misconception. Anyone
who thinks this is true is destined for failure. It takes
work at least initially. Nobody makes money doing nothing.
A good residual income is built. It is all about a good
start. If a person puts up an initial investment of time
and work then they are building a good foundation for their
business. They should have all of their marketing in place.
They should have a good training program for new team
members in place. They need to have all their bases covered
and know how they will handle everything. It is about
having a good plan and that takes work.

Everything starts with a good foundation. A foundation
offers a stable platform for the business to stand upon. It
provides the necessary basis for success. The foundation of
a business needs to be built. It has to be strong and it
requires work. In order to build a good foundation a person
must understand the basis of residual income and understand
that it takes work to get started.


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Wednesday, November 22, 2006

Do you have what it takes to be an e-entrepreneur?
Copyright © Stone Evans, The Home Biz Guy
Author of "Dotcomology - The Science of Making Money Online"

These days, it seems like everyone wants to work
from home and make money on the Internet. But
before you even turn on your computer, the first
question you have to ask yourself is whether
you’re cut out for this kind of work.

The fact is, building a home-based business isn’t
for everyone. Some people like the commute. They
really do enjoy having a boss who tells them what
to do, and they like the routine of working
nine-to-five for an ordinary salary that can
barely pay the mortgage. Personally, I think
they’re nuts.

More reasonably, there are people who are
concerned about the risk of starting up their own
business. They’re not sure it’s worth the
investment of time and money, and they’re scared
of the responsibility that comes with running
their own company. They wonder if there is
another way to escape the rat race.

I’m sure there is. You could win the lottery or
wait for your Aunt Sue to keel over and leave you
her condo. Or maybe you could sit down with a pen
and paper and draw the blueprint for "The Next
Big Thing". Anything can happen... Right?

For me, what happened was creating a successful,
self-running Internet marketing system. It didn’t
happen without effort. It didn’t happen without
at least some initial investment of both time and
money and, of course, it doesn’t happen now
without me making sure that the taxes are filed
and the paperwork is done. But it happened.

I’m my own boss. I work from home according to my
own schedule and I get to pocket all the cash my
business makes. If you’re prepared to give an
e-business the time, the work and the money it
needs to get started and get growing, it can
happen for you too.

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Saturday, November 18, 2006

Using Affiliate Programs And Smart Marketing To Make A
Residual Income

Copyright © Michael Laleye

Affiliate programs are a great way to make a residual
income. They allow you to take part in an established
system that has already been tested and built up. All that
is left to do is take control and build a down line.
Combine an affiliate program with smart marketing and it
equals a great way to make residual income.Affiliate
programs are often misunderstood. Originally the idea of
building a down line and making a residual income off
recruiting people was called a pyramid scheme. These
pyramid schemes didn’t work because they relied solely on
recruiting and not at all on selling. The main idea behind
them, though, was a good one, so the affiliate program was
created. An affiliate program is more than building a down
line of people, it also is based on selling real and useful
products. Affiliate programs work because a person earns
money through their down line and through product sales.

Affiliate programs are also very easy to get started in and
most are completely free with no costs to get started. Most
programs offer a website and plenty of help and advice on
how to get the business going. A person gets help from the
people in their up line, too. The biggest challenge,
though, is marketing. No matter how much help a person
gets, they still have to master marketing on their own.
Nobody can really teach someone how to be a successful
marketer, they just have to learn it on their own.

Marketing involves learning how to use the tools provided by
the program to get customers and sign others up for the
opportunity. The affiliate program will provide a person
will written ads and their own website, among other things.
The website is the central hub of all the marketing efforts.
The main goal should be to get people to visit the website.
Once there they will be able to buy products and sign up to
be an affiliate. The hard part is not getting people to buy
or sign up, but to get them to the website in the first

A person has to take the ads and other marketing tools and
place them where people will see them. One of the biggest
marketing platforms are search engines. Most affiliate
websites are a simple website, but with a little work a
person can optimize it to make it rank high on the search
engines. A good way to get started is to add a blog to the
website and write entries everyday. These entries should be
keyword rich and informative. Search engines like articles
or blog entries and will assign the site a higher ranking if
they have them. Another way to go is to place links and ads
on other websites. A person should choose websites that
compliment the affiliate program, but that are not in
competition with it. By using these marketing methods a
person should be able to get a good start in marketing.

Affiliate programs and good marketing efforts can really
help to get a good start in residual income. Building an
affiliate program will take some time, but they are made to
produce a great residual income.

Michael Laleye is a part of the Plug In Profit Group
responsible for helping ordinary people
earn thousands in affiliate commissions every month.
Michael has developed
A site where you can find work at home business ideas
and opportunities from the most respected and best
paying affiliate companies online.

Sunday, November 12, 2006

The Ins And Outs Of Passive Residual Income

Almost everyone who is interested in online business or
working at home has heard of residual income. They
understand what it is and how to make it. There is another
form of residual income - passive residual income that
people may not be so familiar with. It is like residual
income and many might actually already be making passive
residual income and not even know it. However, it can help
to become familiar with the ins and outs of passive residual
income, if not to understand it, just to learn how to make
their passive residual income opportunity better.

Residual income is income that is earned over and over for
completing a task once. Passive residual income is residual
income that comes form investments. For example, real
estate is a residual income. If a person buys an apartment
complex they then rent out the apartment units and earn a
passive residual income on their initial real estate
investment in the form of rent every month. With residual
income the investment is more about time, not money, so
passive residual income is a lot easier to start and
requires minimal time, which is why it is called passive.

Passive residual income offers many benefits. For a person
who has the money to invest, they can build a nice income
with very little work up front and almost no more work after
that. All it takes is a little monitoring. It is also very
flexible. Most sources of passive residual income can be
handled from anywhere. A person does not even need an
office. It also provides a person with a lot of freedom.
Since they no longer have to spend hours a day working to
make an income, they can now spend their time they way they
want to. They are free to enjoy life and actually spend the
money they work for, instead of spending their time working
with little or no free time to actually enjoy the fruits of
their labor. It is also possible for a person to have more
than one passive residual income opportunity. Since they do
not have to put in a lot of work, they can invest in a few
different projects and earn money from all of them at the
same time. This is what is called multiple streams of
income and is one of the top ways to earning good money.
Overall, passive residual income just allows a person to do
what they love, to be able to provide for their family and
themselves without having to work themselves crazy.

When it comes to earning money, many people are turning to
the benefits of residual income. It just makes sense. If a
person is lucky enough to have the ability to try a passive
residual income opportunity then they will get even more
benefits. It is something that takes the focus of life off
of making money and puts it on enjoying life.

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Wednesday, November 08, 2006

Building Residual Income With a Website

Residual income just does not happen. A person has to build
it. One of the best ways to build residual income is
through a website. A website gives a person many
opportunities for residual income. Websites are also a
great platform because they create many advantages for the
website owner. Building residual income with a website is
something anyone can do, all it takes is the drive to do it.

Websites are a great tool to use in building residual
income. They operate 24 hours a day, 7 days a week. They
are always available for customers and they do not need
constant managing to work. They are the ideal employee.
The website can have a shopping cart to take and process
orders and payment. It can have a catalogue of merchandise,
too. It is both an employee and store in one.

Besides taking orders there are ways to optimize a website
to help a business earn even more money. One idea is having
a subscription site. The main part of the site with the
catalogue and shopping cart is public, but a business owner
can make part of the site for subscription only. This part
of the site must offer something a person would be willing
to pay for and something that a lot of people would be
interested in. People pay a fee to become a member and have
access to the members only part of the website. Another
option is offering an affiliate program. This is a residual
income in itself, but tied in with a website and a person
can really skyrocket their business. on the other hand a
business owner could join some affiliate programs and
advertise them on their website. This would create two
streams of residual income and provide a sense of stability
of income.

To get started a person has to build their website. There
are many places a person can find help to do this. There
are templates that make it super simple to build a
professional website. It is important, though, that the
website look professional and is easy for the customer to
use. Professional website building services are actually
reasonable priced and may be the best bet for the more
technically challenged person. That way they can make sure
that everything is set up on the website to optimize it for
making money.

The internet and websites have really changed the face of
business, especially small business. They take a lot of the
costs away and make it affordable for almost anyone to build
their own residual income based business. The potential for
success is amazing and all a person has to do is build their
website to get started.

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