What's the Fastest Way of Earning a Residual Income of $300/Month

49 replies
Dear Warriors,

Yes, I know $300/month is peanuts for many Warriors and you might think I meant $300/day. I do actually mean $300/month. What is the fastest way to earn this residual income? It has to be residual!

Why $300 and not another figure you may wonder? I have limited time as I still have to deal with a day job. I figured with $300 I can get a decent VA to really do those tasks that my limited time will not allow and ultimately quit my job, hence the question:

What is the fastest way to earn a residual income of $300/month?

Please contribute. I really need this advise

Thanks,
Said.
#$300 or month #earning #fastest #income #residual
  • Profile picture of the author BloggingPro
    Sell your own products. If you created a product and sold it for just $10 you could easily hit your $300 a month mark with 30 measly sales.

    Find a problem in your niche, build/write/create a solution and market it.
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    • Profile picture of the author Saiddon
      Thanks BloggingPro. Yes, I'm considering publishing ebooks on Kindle.

      Warriors, any other ideas?

      Originally Posted by BloggingPro View Post

      Sell your own products. If you created a product and sold it for just $10 you could easily hit your $300 a month mark with 30 measly sales.

      Find a problem in your niche, build/write/create a solution and market it.
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    • Profile picture of the author tee_emm
      Originally Posted by BloggingPro View Post

      Sell your own products. If you created a product and sold it for just $10 you could easily hit your $300 a month mark with 30 measly sales.

      Find a problem in your niche, build/write/create a solution and market it.
      Or sell a product for $300 and you only need 1 per month
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  • Profile picture of the author shubham
    Creat your own site and sell it .
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    • Profile picture of the author Saiddon
      Thanks but not really sure if creating a site and selling is residual really. More like one-off to me.

      Originally Posted by shubham View Post

      Creat your own site and sell it .
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  • Profile picture of the author Steven Miranda
    Offer a service that is in demand.
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  • Profile picture of the author alamest
    There are so many success story in this forum so why don't you follow it..if you follow it than offcourse you will make $300 per month or even it can change to days

    Follow what they said and test it..there is no guaranthee blueprint to make $300 per month..

    Alam
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    • Profile picture of the author Saiddon
      Hi Alam,

      You are absolutely right. There is a lot of good information on this forum. I just wanted to hear from others first hand.

      Cheers,
      Said.

      Originally Posted by alamest View Post

      There are so many success story in this forum so why don't you follow it..if you follow it than offcourse you will make $300 per month or even it can change to days

      Follow what they said and test it..there is no guaranthee blueprint to make $300 per month..

      Alam
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  • Profile picture of the author jurojin
    The easiest way would be to create 2-3 sites (wordpress blogs), with 3 unique posts on each.Make sure the domains contain a keyword that gets at least 2000+ global searches on google keyword tool (using "exact" option not "broad"). Once you setup the sites you'll have to update them at least once per month and you're set to your goal of $300 per month which is about 250 Euros or 3 euro per site per day (easily doable).
    The keywords you choose for your sites should have a relatively low competition in order for you to see fast results (in less than a month). This means they should have < 1 million "contain the term" on google.

    The setup process needs to include twitter accounts for each site, as well as a facebook page for more exposure and better rankings.This is the fastest and most guaranteed way to make residual income which will increase exponentially in time.
    There you go, I cannot send pm's so that I can give more detailed instructions with live examples but I promise that once I'll be able to do that I will find you and help you for free
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    • Profile picture of the author martin_boyd
      Blogging is a great method of getting traffic, however it does still need to be set up right. The low keyword search is great and good advice.

      Can you write good articles? If so apply to blog's to add your articles to their site. Make sure they are 100% unique and not on anyone else's sites. If the blog owner accepts, do not mess around, ensure you deliver top quality articles for review. If they get published you will drive traffic to your site.

      Try to ensure 1000 words min. This work better than article marketing.

      Martin
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  • Profile picture of the author nerrutis
    Originally Posted by Saiddon View Post

    Dear Warriors,

    Yes, I know $300/month is peanuts for many Warriors and you might think I meant $300/day. I do actually mean $300/month. What is the fastest way to earn this residual income? It has to be residual!

    Why $300 and not another figure you may wonder? I have limited time as I still have to deal with a day job. I figured with $300 I can get a decent VA to really do those tasks that my limited time will not allow and ultimately quit my job, hence the question:

    What is the fastest way to earn a residual income of $300/month?

    Please contribute. I really need this advise

    Thanks,
    Said.
    Best Stuff by today is mobile marketing! People wake up! Mobile its just on a way, also app business is the most luxurious business by today, .w.w.w.mobilabs.net and similar websites show how to do it right.
    Most important part not to waste your money for 27$ or 37 bucks products, that scream to make you millionaire - THIS DOESN`T happen! Never!
    Not at that price tag you can get a proper info, dont lie to yourself buying scam again and again!
    Thank you.
    Signature
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  • Profile picture of the author GaryBurke
    If you want to get a residual of $300 per month then look for something people want and would pay a monthly fee for .
    there are plenty of products on Clickbank with monthly rebills of around $27 so you only need to sell 11 for your target of $300
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by GaryBurke View Post

      there are plenty of products on Clickbank with monthly rebills of around $27 so you only need to sell 11 for your target of $300
      I'm afraid it doesn't quite work that way, Gary. Have you looked at/worked out for how many months the average customer's subscription gets renewed? It's often less than 2 months. Which means you'd need to keep making rather a lot of sales on an ongoing basis, and it wouldn't actually be residual.

      I don't know what the fastest way is to reach $300 per month residual through internet marketing. I strongly suspect that it's going to be different things for different people.

      Anyway, it's a really interesting thread, and question, and I'm looking forward to seeing others' replies.
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  • Profile picture of the author vishalduggal
    300$ per month is not tough. Just sell some recurring income products where people pay every month for using any service or product. If you make $50 per sale then you just need 6 sales to get residual 300$ per month ( Easy Money).
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    • Profile picture of the author Saiddon
      Originally Posted by GaryBurke View Post

      If you want to get a residual of $300 per month then look for something people want and would pay a monthly fee for .
      there are plenty of products on Clickbank with monthly rebills of around $27 so you only need to sell 11 for your target of $300
      Originally Posted by vishalduggal View Post

      300$ per month is not tough. Just sell some recurring income products where people pay every month for using any service or product. If you make $50 per sale then you just need 6 sales to get residual 300$ per month ( Easy Money).
      Thank you guys. This is another viable way of doing it!
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    • Profile picture of the author garben2011
      Originally Posted by vishalduggal View Post

      300$ per month is not tough. Just sell some recurring income products where people pay every month for using any service or product. If you make $50 per sale then you just need 6 sales to get residual 300$ per month ( Easy Money).
      I'm no IM expert but if you want to throw some ideas around and possibly do some of the work together on your $300 per month project feel free to PM me.

      I've been thinking for a couple of months now it would be cool to find other people interested in building an online income and possibly working together... once we sort out all of the who does what.

      Thanks!
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      • Profile picture of the author Saiddon
        Originally Posted by garben2011 View Post

        I'm no IM expert but if you want to throw some ideas around and possibly do some of the work together on your $300 per month project feel free to PM me.

        I've been thinking for a couple of months now it would be cool to find other people interested in building an online income and possibly working together... once we sort out all of the who does what.

        Thanks!
        Thank you garben2011. I've sent you a PM.
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  • Profile picture of the author AD25
    The most hands off way to do this is to build up an informational site(s) monetized with adsense.
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    • Profile picture of the author vishalduggal
      Originally Posted by AD25 View Post

      The most hands off way to do this is to build up an informational site(s) monetized with adsense.
      This method is good but it is not any hands down way to make recurring income. To make 300$ per month from adsense specially every month you have to do lots of work on websites and keep them updated with new contents. This is very consistent, boring and hard work. Instead of that why not sell some recurring income products like I stated above. By this way you have to sell them once and they will pay you every month.
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      • Profile picture of the author Saiddon
        Originally Posted by AD25 View Post

        The most hands off way to do this is to build up an informational site(s) monetized with adsense.
        Originally Posted by vishalduggal View Post

        This method is good but it is not any hands down way to make recurring income. To make 300$ per month from adsense specially every month you have to do lots of work on websites and keep them updated with new contents. This is very consistent, boring and hard work. Instead of that why not sell some recurring income products like I stated above. By this way you have to sell them once and they will pay you every month.
        I'm trying to build an authority site and monetize through adsense. AD25 is right that this method, once you get it right, is virtually hands off.

        That being said, I also agree with vishal that it does take some effort to get it right. I don't mind the hard work but this can take some time before we see the rewards. Most commisionable monthly products have strong competition. I guess one has to look for some hidden gems somewhere or provide a USP to entice conversions.
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  • Profile picture of the author Joseph Dickens
    create a few niche wordpress sites, and spend a few bucks, or a little time and get them ranked,

    connect those sites with a good affiliate offer or an amazon product.

    pick easy niches and make 5-10 blogs

    that could get you over 300 a month pretty quickly.
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  • Profile picture of the author masterpeez4py
    promoting affiliate products using ppc.
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  • Profile picture of the author Nail Yener
    Well, if you are after the fastest way, it will be either offering a service that people need or creating an information product such as an ebook or a course in whatever niche you have expertise. But, those might not last long if you do not provide quality service and information.

    In my opinion, the best way for a long term and stable income is to build your own websites where you will earn from affiliate products, AdSense or other advertising methods. As vishalduggal mentioned, this will not be as easy as you think, but if you can work consistently, it will be the most rewarding way to make money online in long term.
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  • Profile picture of the author celente
    Need a list of people and prove to them you know your stuff.

    Then after that give them more tips, until they are blown away.

    Then after that, they know nothing about your membership program, so mention it.

    Then it is just about getting more traffic into your funnel. 80% of my sites are membership sites these days...not only are they fun, but they are better than the once ebook payment to then ride into the sunset.

    Just make sure you are in a good niche, say relationship, weightloss or IM or something. You cant go wrong.
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  • Profile picture of the author Michael Franklin
    If you can work around your day job's schedule, offline marketing would be the way to go...Look into Google Local optimization for businesses. Good starting points for this is on the Offline Marketing forum (and some good WSO's as well).

    If you can secure one customer, you should have no problem to bill monthly for $300+....and you can even setup auto-billing through PayPal.
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    • Profile picture of the author Saiddon
      Originally Posted by Michael Franklin View Post

      If you can work around your day job's schedule, offline marketing would be the way to go...Look into Google Local optimization for businesses. Good starting points for this is on the Offline Marketing forum (and some good WSO's as well).

      If you can secure one customer, you should have no problem to bill monthly for $300+....and you can even setup auto-billing through PayPal.
      Thanks Michael for the offline marketing suggestion. I will definitely explore this option.

      Originally Posted by Marianne Gonne View Post

      Agreed that offlining is a very good option. I joined WF a year ago, and -- in between my full-time writing career -- I've experimented here and there with IM ideas that have taken my fancy. I'm cautious by nature, but have been intrigued by the possibilities I see day in/day out on this forum.

      When I saw this thread http://www.warriorforum.com/offline-...knowledge.html, I decided to challenge myself to see if it was true. Well, it is. In just one month, I've netted 8 clients in my spare time. In addition to the fee for creating the website, there is the recurring maintenance fee (which can be quite considerable, depending on the services you can offer/outsource).

      I don't often make recommendations around here because I don't consider myself an IM authority. But this method was both instant and lucrative.
      Whoa Marianne! Thats an awesome thread you posted. Thanks for sharing
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  • Profile picture of the author theemperor
    Said,

    Can I fire some questions back to you...

    How residual do you want it to be?

    E.g.

    Adsense = zero maintenance, adverts are rotated by Google
    Affiliate Links =very low maintenance, might need to switch programmes if product is discontinued, has a better competitor or vendor "pulls a fast one"
    Your Own Info Product = fairly low maintenance once set up but you may need to update the product as time goes on to keep it fresh. Deal with refunds etc.
    Membership Site = more maintenance - keeping info up to date and adding content all the time so members don't think it is stale.

    How long do you want the income to last?

    3 month? 12 months? Forever?

    You need to put more work in if it is "Forever", but it's worth it. Forever means relationships with clients. 12 months might mean SEO, but you could be beaten by a competitor. 3 month would be using short term tricks to make money that just don't hold out, e.g. trying to trick Google.
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    • Profile picture of the author Saiddon
      Originally Posted by theemperor View Post

      Said,

      Can I fire some questions back to you...

      How residual do you want it to be?

      E.g.

      Adsense = zero maintenance, adverts are rotated by Google
      Affiliate Links =very low maintenance, might need to switch programmes if product is discontinued, has a better competitor or vendor "pulls a fast one"
      Your Own Info Product = fairly low maintenance once set up but you may need to update the product as time goes on to keep it fresh. Deal with refunds etc.
      Membership Site = more maintenance - keeping info up to date and adding content all the time so members don't think it is stale.

      How long do you want the income to last?

      3 month? 12 months? Forever?

      You need to put more work in if it is "Forever", but it's worth it. Forever means relationships with clients. 12 months might mean SEO, but you could be beaten by a competitor. 3 month would be using short term tricks to make money that just don't hold out, e.g. trying to trick Google.
      Excellent questions worth pondering about. Thanks for your contribution theemperor!
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  • Profile picture of the author JamesPenn
    How about a really low priced continuity program - as proposed by Ryan Lee of Nano Continuity.

    Essentially Ryan proposes that you set up a $4.95 per month continuity offer. If you want to earn $300 per month then you simply need to attract 60 members.

    They are really easy to set up and you don't have to spend hours creating content each month.

    James
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    • Profile picture of the author Saiddon
      Originally Posted by JamesPenn View Post

      How about a really low priced continuity program - as proposed by Ryan Lee of Nano Continuity.

      Essentially Ryan proposes that you set up a $4.95 per month continuity offer. If you want to earn $300 per month then you simply need to attract 60 members.

      They are really easy to set up and you don't have to spend hours creating content each month.

      James
      JamesPenn,

      Thanks for sharing. I have bookmarked the Nano Continuity website. Will go through it later.

      Cheers,
      Said.
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  • Profile picture of the author Hammad
    Great suggestion at the second reply of the moderator could produce his own product what would he be doing here any way writing articles and directory submission is better to start with.
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  • Profile picture of the author RogerAderholdt
    Hello Saiddon,

    My advise to earn $300 a month residual would be to sell something that earns you a profit of $3,000 for ONE SALE.

    All you need is ONE SALE and you just earned $300 a month.

    People are doing it every day of the week.
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    • Profile picture of the author Saiddon
      Originally Posted by RogerAderholdt View Post

      Hello Saiddon,

      My advise to earn $300 a month residual would be to sell something that earns you a profit of $3,000 for ONE SALE.

      All you need is ONE SALE and you just earned $300 a month.

      People are doing it every day of the week.
      Hello Roger,

      I'm keen to know what this "something" is. Is the competition fierce?

      Said.
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      • Profile picture of the author notrichyet
        The fastest way to earn money is to offer a service for other marketers. If you are good at building websites, writing, or you can write code, you have a marketable skill that many marketers are willing to pay for. No matter which way you go, you're going to have to put some effort into it. You're not going to be able to simply stick your hand out and see cash flow into it. Getting income from sales is a skill in of itself and takes time and practice to master. The concept is simple, however the market research is key to its success and many people aren't sure how to go about that. What works great for someone else may not work for you and sometimes it's just a matter of trial and error. If you have dedication and perseverance you will make money.

        All the best,
        Mary
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      • Profile picture of the author Brian Terry
        Affiliate marketing is a great way of getting started BUT you've got to pick the right market and a product that's proven to sell to that market.

        Creating your own product is a lot of hard work if you've never done it before. It'll take longer for you to see profit.

        Both methods require traffic from somewhere.

        I've mentioned this route before in my other posts but the simplest way of creating your own product and becoming a super affiliate is to interview the experts in the niche you've chosen.

        1. You don't have to be the expert
        2. You don't have to create any content (the people you interview do this for you with their answers to your question).
        3. You sell their products as an affiliate within their interview.

        Here's an outline of the plan..

        1. Interview at least 10 experts in your chosen niche who all have products they're selling and have affiliate programs

        2. Record those interviews and save them as MP3 files

        3. Turn the recordings into transcripts

        4. Each interview you do you give it it's own page on your website. On the page people can listen to and download the MP3 audio. Below this is an ad for the experts product.

        On this page also include Facebook like and Facebook comments. Set this up so when someone like the interview they send people to your squeeze page. This adds social proof and a viral marketing factor.

        5. You set up a squeeze page on your domain name (with the main keyword phrase for your niche)

        6. You set up an autoresponder to deliver the interviews each week to your new subscribers. You simply send them to the interview page.

        7. Here's the profit multiplier...

        You sell the transcripts to each of the calls.
        You sell the entire interview series as a physical product with both the MP3's, transcripts and you could even include workbooks. This could even become a home study course later on.

        When you interview the experts you ask each one to send out 1 email to their subscriber list telling them about an interview they've just done with you. If they can also Tweet about it or post to their blog and other places that'll be an advantage.

        Because they're already established in their niche they're likely to have very responsive lists of subscribers.

        This gets you an instant surge of quality traffic and you get to build a high quality subscriber list from all the experts lists.

        You make money through promoting the product of each expert you interview. Both in the interview itself and also on the interview page.

        For each expert register a short domain name that you redirect through your affiliate link. This makes it easier to send people to in your interview than a long winded affiliate coded link.

        You make money through selling the transcripts and the CD's.

        Will you make $300 a month?

        It's very difficult to say because I don't know what experience you have or how motivated you are. But it's entirely possible to do this and go way beyond it.

        As you move the project forwards you could interview more experts and use other methods of traffic generation.

        I hope this helps.

        P.S. Here's an outline of the costs involved...

        1. Hosting = $6 a month
        2. Autoresponder = $30 a month
        3. Domain name = $9
        4. Domain names for each expert $90
        5. Software to record the interviews on Skype = $50
        6. Transcriptions = $30 per interview
        (they're all approximate costs, you might be able to get it done for less)

        That should be enough to get you started.

        You can easily set this whole site up on a WordPress blog.

        I hope this helps.
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  • Profile picture of the author Christina Jo
    you can earn more than $300 / month as a steady income, you don't need one month $300 and the next month $30 .. right ?
    so my advice is to give yourself some time and educate yourself about online business and the whole process that you will need to go through in order to understand things and let you manage your work and accomplish more than $300/month ..
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    • Profile picture of the author rosetrees
      With respect. A little reflection will tell you that is a silly question.

      "the fastest way" of earning $300 a month is sell a product that pays $300 commission on the first day of the month.

      The slowest way is to sell products that pay $1 commission 300 times in a month.

      Somehow I don't think that's what you are asking. You haven't told us your skills, your experience, what you've tried. Anything.

      Would you got into a recruitment agency for a job and ask "what's the fast way to earn $xxxx a month? I don't think so. You'd go in looking for a job that is relevant to your skills, experience, time available, etc.

      You need to change your mindset and ask yourself what you are able to do and what you are prepared to learn
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      • Profile picture of the author Saiddon
        Originally Posted by rosetrees View Post

        With respect. A little reflection will tell you that is a silly question.

        "the fastest way" of earning $300 a month is sell a product that pays $300 commission on the first day of the month.

        The slowest way is to sell products that pay $1 commission 300 times in a month.

        Somehow I don't think that's what you are asking. You haven't told us your skills, your experience, what you've tried. Anything.

        Would you got into a recruitment agency for a job and ask "what's the fast way to earn a month? I don't think so. You'd go in looking for a job that is relevant to your skills, experience, time available, etc.

        You need to change your mindset and ask yourself what you are able to do and what you are prepared to learn
        Hi rosetrees,

        I know some people get turned off by this thread and I don't mean to offend anyone.

        You are right in that I have not told you much about what I've tried so far.

        1. I am promoting a high PR private blog network and it brings me a few bucks at the end of the month. I know over time it can earn me in excess of $300/m. See my signature below.

        2. I've also built an amazon review site using wordpress promoting products in the home improvement niche. I'm ranking in page 1 in google for my primary keyword. This keyword has 4,400 US searches/month and google adword cpc of over $3 according to the google keyword tool. I've had this site for over 3 months but real money is yet to roll in and not even a single Amazon sale to show for my page 1 ranking.

        3. I also offer a service online and this is where I've been most successful so far. I make almost $500/m providing this service, but being a service, it takes almost all my free time. I also have this fear what if my main customers (who give me over 80% of this income) leave. I do not want to be reliant on this income stream hence my question.

        Thanks,
        Said.
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  • Profile picture of the author MaryMckenzie
    Thanks for so many business advice, I also had the similar question to ask, I got, thanks again.
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  • Profile picture of the author cweber
    I am starting to do well with Amazon. I started with it mid-january and this month I will either hit $200 or get close to it. I'm working on scaling it up a lot right now so $300/month shouldn't be too hard to hit withing the near future.
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    • Profile picture of the author sam12six
      Step 1:

      Have kinky sex with someone who wants to protect their reputation.

      ***Pro tip*** Incorporate animals and handcuffs to increase the perceived value of your offer.

      Step 2:

      Make an offer outlining the value of people never seeing the tape.

      Step 3:

      Profit

      ------------------------------

      On a serious note, the residual part of your OP is the reason it's difficult for people to outline a plan.

      Personally, I'd think the quickest and most simple way to get to such a small goal would building an adsense site. $10/day isn't that difficult, you just keep plugging away until you get to that point. With decent paying keywords and some willingness to build links, this is very doable.

      The second best thing would be creating a product and getting affiliates to sell it for you. This method could be quicker and produce more profit, but it would require more marketing know-how than an adsense site.
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  • Profile picture of the author clever7
    Create Squidoo lenses entirely free of charge and make money this way with royalties and sales. You have to create many quality lenses to make money this way, but you’ll make money for sure. I’m talking about creating more than 50 or 100 lenses. Create 500 lenses, 1000 lenses. They have to be quality lenses, and you have to follow Squidoo’s rules.

    When I finally learned how to create Squidoo lenses, I created a lens in order to teach everyone how to easily create many Squidoo lenses in order to help the public (and become famous through internet marketing. My main field is mental health. It’s hard to get noticed online if you are not an internet marketer… so I had the idea to use my internet marketing knowledge to become known online).

    If I knew how to create lenses when I begun my adventures on the internet I wouldn’t spend so much money creating my websites and ebooks, etc…

    Don’t build your own website, blog, or whatever because you’ll have many expenses, and it’s very hard to beat the competition online. You’ll pay hosting, autoresponder, content, etc. I’m a writer and I don’t pay for content but I know nothing about html. My previous webmasters drank my blood… Only now I found a webmaster I can trust, but she is very expensive. I don’t know if I would be able to pay her in order to build what I already built with various other (cheaper) webmasters, but suffering a lot with their mistakes, lies, etc. Anyhow, I’m just showing you that having your own business online is costly and dangerous. You have to find the right people.

    You'll also have to promote your business and pay for traffic… There are so many expenses!...

    Learn internet marketing and different marketing strategies using Squidoo and build your passive income this way. (When you’ll become an expert able to create a smart business plan, build your own business.)

    http://www.squidoo.com/passive-income-website-traffic-squidoo-beginners-guide

    Another thing I wish I knew from the beginning of my career online is the Warrior forum. This forum is fantastic! I delayed learning about its existence, and even when I signed up, I was not able to evaluate the importance of this wonderful forum where so many people share their experiences. Only last year when I started writing internet marketing articles for selling (full rights) because I have this talent and it’s an easy way to make money, I finally understood the power of the Warrior forum. Don’t delay to wake up like I did. Pay attention to the valuable posts you’ll find here.

    Visit the Warrior forum Everyday, and read everything you can. You’ll find here real lessons. Be a good student, and you’ll soon discover many other ways to make money online without spending a fortune like me, and many other victims…

    All the best!



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  • Profile picture of the author faysal969
    If you are skilled with any technique then you can do freelancing. With spending small time every day you can make $300 easily.
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    Learn SEO, Affiliate Marketing, CPA, and Make Money Online !!!!!!!

    Keep your house pest free and be healthy, wealthy, and happy. Get Rid of House Insects. :)
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    • Profile picture of the author 0mlm
      Banned
      Try searching "0mlm jimdo" in google search might be you will get your answer.
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  • Profile picture of the author numbermoja
    Learn how to do something online and offer to give one on one coaching. Works wonders if you do some tutorial videos on youtube.
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    ==============>www.walkthestagelive.com<========== =====
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  • Profile picture of the author RentItNow
    One thing I have learned is just because one person makes $300/mn using xyz method does not mean you can. I make this easily off one of my own products and residuals from an affiliate program i setup long long ago.

    There is one guy that promotes the site below in my sig that makes that residual over and over again. I know his trick and am using it for other products.
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    I have no agenda but to help those in the same situation. This I feel will pay the bills.
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