Why Residual Income Is So Important Today

What Do You Need Most Immediate Cash or Residual Income?

If you sit in front of your computer for a long enough period of time you will eventually get tired of doing it. This is especially true if you are looking for ways to make money online.

Because there are literally thousands of ways to make money online you can quickly get overwhelmed and either give up, jump around and never really make any money.

The simple definition of residual income is an income where you get paid over and over for doing your work one time. In the past, it has been an income strategy only a handful of professions provided.

Today the Internet is making it possible for anyone to create residual income if they go about it right. Based on today's economy, and the uncertainty of the future, everyone would be smart to develop at least one residual income stream.

Did you know that if you had a monthly income of $5K coming in every month, that did not require you to work to get it, that would be equal to having $1 Million Dollars in the bank drawing 6% interest?

Most of us will never save $1 million dollars, but we can all create a residual income of $5 thousand dollars a month with a little hard work and the help of the Internet!

So how can you create a residual income using the Internet?

1. Network marketing is a business model where you get paid on the efforts of others as well as the efforts of yourself. This is achieved through leveraging your time and duplicating your efforts.

Building a downline of distributors is how this is done. You may only have 20 hours a week to invest into your network marketing business, but if you had a downline of 10 people who also had 20 hours a week your business now has over 200 hours a week being invested into it.

This is a very powerful concept and the larger your downline becomes the more money you can make. Building a large network marketing business can be done all over the world and the Internet can help you do it with your own Website and follow-up system online.

2. Affiliate marketing is another business model where you can develop a residual income. Specifically, 2-tier affiliate marketing allows you to recruit a front line of sales people who earn you commissions whenever they make sales.

This works well for people who like to network with other Internet workers. Social networking is great for this as it allows you to meet people who have similar interests of your own and you can turn that into a large sales force and potential residual income.

This is two examples of how you could create residual income for yourself on the Internet today. Network marketing and 2-tier affiliate marketing programs are easily within the reach of anyone willing to work!

https://markethive.com/tonycordingley

Learning To Build Websites

 Learning To Build Websites

 Too often, people think learning to build websites is hard. They leave that to the 15 year olds or the professional designers.

Well, I'm not here to say that it's a cake walk. But I do believe that there is value in the small business person learning to build websites for their own company.

There is an initial investment of time and a learning curve. But once you have a handle on how you can market your small business on the web, your business will explode.

What are the main vehicles you use to generate clients? The phone book? Television commercials? The newspaper?

Unfortunately, all of these methods have become increasingly less effective as a direct result of the internet's penetration into our lives. People now spend an average of 49 percent of their free time online. Advertising mediums that reached people just 10 years ago are completely ignored today.

And, this is actually good for you!

Why is it good? It's good because most small businesspeople have not figured out how to make the internet work for them. They throw up "brochure" sites because they've heard they need an online presence. But their sites aren't generating any business for them.

So, if you go about learning how to build websites - and really take the time to understand how the web works - you have a powerful advertising tool for your business.

It will require time. But not as much as you might suppose. If you did everything yourself from scratch, it would be a nearly impossible task.

Fortunately, there are packages that come with "training wheels" for small business people. No, you won't have a mega-selling first class website in 30 minutes. You know better than that. But with a moderate investment of time, you will understand what really motivates your customer and be able to build a professional website that starts generating traffic - and customers - quickly.

Learning to build websites is a skill worth developing for small businesspeople. In fact, the small business successes of tomorrow are found in those learning to build websites today.

Stacy Fox has developed a successful local small business website for her husband, a divorce attorney. She'd like to share with you how she did it on her Small Business Website Marketing blog

https://markethive.com/tonycordingley