The Ultimate Guide To Residual Income In Switzerland

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There are many different strategies to generate residual income across a huge variety of businesses. It might be recurring income from the same customers or the earnings of a product to new customers. It could require no personal involvement whatsoever, like an e-book sold on a web site, or it can need some personal interaction, like the insurance agent calling the client to remind them about their renewal.

Note that this is different from recurring income that might still require your involvement to earn the income. For instance, a mentor or consultant on a monthly retainer, or a caterer who delivers lunch every Monday into the local school board has recurring income, but it comes in recurring work that restricts on your earning capacity based on your own personal production capacity. .

This frees the work of different folks to make income for you. Some examples of leveraged income include:

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An e-book author selling her e-book through affiliates that promote the product.A network marketer that builds a downline and receives commissions on the sales generated by people in his downline.A general contractor who makes a profit margin on the work done by subcontractors.Franchising your business model into other entrepreneurs (the supreme leveraged income). .

Again, there are many different versions in many different businesses. The key is that you're making money off of other people's labor, rather than mainly your own. Note that leveraged income may or may not be residual income. When you combine them, that is even better.

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This type of income requires your direct participation, but you can earn more money by having more people involved. This generally involves a one-time event, such as:

Although these require your immediate click for more participation, your earning potential is a lot greater than when someone was just paying you an immediate hourly fee. Fill a room with 1,000 individuals paying $50 each and you can pay for your facility cost, promotional price, and staffing fees and have a nice chunk of change left over. .

From the smart notions like an online course to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about pretty much every passive income flow there's.

During this visit our website period the one thing I wanted more than anything else, was a large fat epic record of ALL the possible passive income streams there were.

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Unfortunately no one has even till this afternoon made an entire list. I spent the past week getting loaded on strong Ethiopian espresso and compiling every different income stream from my head, my notes and the net interwebs!

PS if you want to cut to the chase you can get access to 3 of my favorite passive income ideas here or you can check out 30 of my favorite real life passive income businesses here.

Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word blossom (insanely not passive hahahah), but then you get to sit back and enjoy seeing PayPal sale messages pop up on your iPhone click here for more every morning available after sale after sale is madeon an ongoing basis and without any additional work.

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Because you can see passive income flows simply come from assets, and assets are bought with money (eg rental property) or even in the event of most of the ideas below, bought through perspiration (eg ebook)!

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The much adored version for bloggers and content creators everywhere and to get a good reasonits pretty easy to write a 60-80 page ebook, not hard to sell say $500 value a month through online networking, guest posting and your own SEO optimized site, and well you get to maintain a large whack of this pie after paying affiliates.  Hells yeah!  Continue reading .

Who doesnt like some down and dirty affiliate commissions!  Particularly in the event that you understand it can be even simpler to earn money this way than with an ebook.  In the end, you merely need to concentrate on pumping some content for your own site and getting the visitors in, often via Google or societal media.  Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a blog.  Continue reading >.

If you told me a few years ago that this would end up being my #1 source of passive income, I'd have slapped you silly and called the men in white jackets to take you away!  And thats because back then selling goods online was insanely complicated and time consuming.  Pretty much as non-passive as a business gets. .

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