Tuesday, March 10, 2009

Making a Full Time Living With Residual Income

This is the dream that I have. To one day be able to make a full time living off my residual income. There are many people online that have successfully done this. Most of these successful residual income people have used multiple streams to make their dreams of living this way a reality. That is why, I find myself wanting to diversify even more with the ways that I build residual income online.

My first and most lucrative ways of building residual income so far has been for revenue sharing sites. I have been writing for a couple of sites that share revenue for more then 6 months now. These sites are the bulk of my residual income earnings. I have since added a couple of more revenue sharing sites to my residual income streams in the past two months. I find that these are the easiest ways for me to make residual income. The catch is that I do not want to stop there.

I have been working on building my blog network to increase my residual income that I earn from. I have been blogging for a while now, but until recently I did not look at it as a way to build more residual income for myself. Shame on me for not seeing what was right in front of me. There is a great opportunity to make residual income with blogging. It is all about finding the right way to do it. This is something that I am slowly trying to learn as I go.

I want to get into the market of ebooks. I have read many great things about writing your own ebook and earning residual income off of it. I have many ideas floating around in my mind for topics of ebooks that I could use to build residual income. I just have to schedule time to sit down and write them.

I have done a little affiliate marketing, but not nearly as much as I could. With my writing background, I believe this is also an untapped market for my residual income. So far I have been an affiliate for some ebooks that I own and found very useful. This has earned me some nice residual income, but I know that there is more to be had if I just take the time to work with the system.

There are so many ways to build residual income, that it is easy to feel overwhelmed when you first begin. The best way to get started is to find a couple of ways that you are comfortable with and just get to work.

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