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There are many different strategies to generate residual income over a wide variety of businesses. It might be recurring income by the same customers or the earnings of a product to new customers. It may require no personal involvement whatsoever, such as an e-book sold on a website, or it can require some personal interaction, such as the insurance agent calling the customer to remind them regarding their renewal.

Note that this is different from recurring income which may still need your involvement to earn your income. By way of instance, a mentor or consultant on a monthly retainer, or a secretary who delivers lunch each Monday into the local school board has recurring income, but it comes from recurring work that restricts on your earning capacity based on your own personal production ability. .

This frees the work of different people to make income for you. A Few 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 models in many different businesses. The key is that you are making money from other people's labor, rather than mainly your own. Note that leveraged income might or might not also be residual income. When you combine them, that's even better.

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

Though these require your direct participation, your earning potential is a lot higher than if someone was paying you a direct hourly fee. Fill in a room with 1,000 people paying $50 each and you can cover your facility price, promotional cost, and staffing prices and have a nice chunk of change left over. .

In the wise notions like an online course to the dress-me-in-the-white-jacket ideas like writing posts for adsense, Ive thought about nearly every passive income stream try this website there is.

During this period the one thing I wanted more than anything else, was a big fat epic list of all of the possible passive income flows there were.

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Unfortunately no one has even until this day made an entire list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the world wide interwebs!

PS if you want to cut to the chase you can get access to 3 of my favorite passive income ideas right 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 compose a quality 20,000 word ebook (insanely not passive hahahah), but then you get to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning as sale after sale after sale is madeon an ongoing basis and without look at this site any additional effort.

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As you can see passive income streams simply come out of resources, and assets are either bought with money (eg rental property) or even in the event of almost all of the ideas under, bought through perspiration (eg ebook)!

Some Ideas on Residual Income In Switzerland You Need ToFacts About Residual Income In Switzerland - Passive Residual Income Revealed
The much adored model for bloggers and content creators everywhere and for a fantastic reasonits pretty easy to compose a 60-80 page ebook, not hard to market say $500 worth a month through online networking, guest posting and your own SEO optimized blog, 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 if you understand it can be even easier to earn money this way than with an ebook.  After all, you merely need to concentrate on pumping out some content for your own site and getting the visitors in, often via Google or social websites.  Unsurprisingly, the majority of people can enjoy their first affiliate sale within 30 days of starting a site.  Continue reading .

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

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