What Does Residual Income In Switzerland Do?

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

Note that this is different from recurring income which may still need your involvement to earn the income. By way of instance, a coach or consultant on a monthly retainer, or a caterer who delivers lunch every Monday to 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 capacity. .

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 writer selling her e-book through associates who promote the product.A network marketer who assembles a downline and receives commissions on the sales made by people in his downline.A general contractor who makes a profit margin on the work done by subcontractors.Franchising your business model to other entrepreneurs (the supreme leveraged income). .

Again, there are many different versions in many different businesses. The key is that you are making money from other people's labor, rather than primarily 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 sort of income requires your important source immediate participation, but you can earn more money by having more people involved. This generally involves a one-time event, for example:

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

In the smart ideas like an online path to the dress-me-in-the-white-jacket notions like writing posts for adsense, Ive thought about nearly every passive income stream there's.

During this time the one thing I wanted more than anything else, was a large fat epic list of ALL the potential passive income flows there were.

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Unfortunately no one has even until this day made a complete list. I spent the past week getting loaded 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 visit here chase you can get access to 3 of my preferred passive income ideas right here or you can check out 30 of my favorite real life moved here passive income businesses here.

Ie first you need to haul ass and do something mad, 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 every morning available after sale after sale is madeon an ongoing basis and without any additional work.

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As you can see passive income flows simply come from resources, and assets are either bought with money (eg rental property) or even in the case of almost all of the ideas below, bought through sweat (eg ebook)!

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The much adored model for bloggers and content creators everywhere and to get a fantastic reasonits pretty simple to write a 60-80 page ebook, not difficult to market say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to maintain a large whack of the pie after paying affiliates.  Hells yeah!  Continue reading >.

Who doesnt enjoy some down and dirty affiliate fees!  Especially if you realize it can be even simpler to make money in this way than with an ebook.  In the end, you merely need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or social media.  Unsurprisingly, the majority of people can enjoy their very first affiliate sale within 30 days of starting a site.  Continue reading >.

If you told me a few years back that this would end up being my #1 source of passive income, I would have slapped you silly and called the men in white coats to come 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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