Page 28 - Female Photo Fashion Magazine Cover-10.pdf

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receive residual income. There are many businesses that operate this way. Membership websites are a very good example, like dating websites.
The best businesses you can come up with are those that do not exist yet. If you can imagine a way to receive residual income that no one else has thought about before, it could be quite profitable for you. What obscures the profits on these businesses is competition. They are highly profitable so they are also very competitive.
It is important to have imagination. Only you know what will work better for you. I will show you a few examples for you to have an idea. You can earn residual profits selling web hosting and memberships online as I said above. Another way is to own residential real estate, but this may require large investments on your part. You can also combine your streams of passive income and change them in such a way that you also receive passive income from them.
For example, if you sell e-books, you can post affiliate links on the text of their pages. Let’s say that in one of the e-books that you actually sell you refer the reader to a hosting company where they can register a domain name and build a website. If that company offers an affiliate program, you can join that affiliate program and when your reader registers with them, you can make money for as long as they stay subscribed.
receive residual income. There are many businesses that operate this way. Membership websites are a very good example, like dating websites.
The best businesses you can come up with are those that do not exist yet. If you can imagine a way to receive residual income that no one else has thought about before, it could be quite profitable for you. What obscures the profits on these businesses is competition. They are highly profitable so they are also very competitive.
It is important to have imagination. Only you know what will work better for you. I will show you a few examples for you to have an idea. You can earn residual profits selling web hosting and memberships online as I said above. Another way is to own residential real estate, but this may require large investments on your part. You can also combine your streams of passive income and change them in such a way that you also receive passive income from them.
For example, if you sell e-books, you can post affiliate links on the text of their pages. Let’s say that in one of the e-books that you actually sell you refer the reader to a hosting company where they can register a domain name and build a website. If that company offers an affiliate program, you can join that affiliate program and when your reader registers with them, you can make money for as long as they stay subscribed.