which path should i go for residual income?

13 years ago

You might want to start a low cost membership site. If it is a decent price, say like $27 a month, retention will be good. Just keep drip-feeding content in the site every few weeks and you will be good.

Another way is jump in a low cost MLM, find a couple of leaders that will work it, and they will build you a nice residual income.

The micro niche sites are not a bad idea either, but you have to invest the time into making them, unless you outsource it all.

Hope that helps some..

Jon McNeil

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lilphilupt

13 years ago

Originally Posted by Partner Guy

You might want to start a low cost membership site. If it is a decent price, say like $27 a month, retention will be good. Just keep drip-feeding content in the site every few weeks and you will be good.

Another way is jump in a low cost MLM, find a couple of leaders that will work it, and they will build you a nice residual income.

The micro niche sites are not a bad idea either, but you have to invest the time into making them, unless you outsource it all.

Hope that helps some..

Jon McNeil

well i don't know about MLM, a lot of people have told me to stay away from those

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lilphilupt

13 years ago

anymore suggestions?

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hezell1989

13 years ago

Make around 50 adsense niche websites. If every site makes at least 5 dollars a day you will generate 250 a month

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tritrain

13 years ago

If you're just getting started, your best options are HubPages and Squidoo.

Learn what works and what does not before you invest money, time, and energy.

Then apply what you have learned and expand.

If you think you found an awesome niche, then build a site, take suggestions from others, and grow.

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Kenwrites

13 years ago

I'm just hard-headed. But going with what hezell mentioned, why not adsense niche articles at places like Hub Pages and Squidoo. No up-front costs and at least 4 income streams from each site including Adsense ( although you share it with each site), plus you can promote CB products (carefully). When you have one that is producing good numbers, invest in a domain and create a site and build around the site. Then drive traffic to the site.

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Mly2000

13 years ago

i have a website running adsense myself, i know you have to get backlinks and write some articles to drive traffic to your site, but honestly if he is anything like me, adsense is going to be a bit confusing at first...

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Rich Struck

13 years ago

The real money is in recurring membership sites. If you want to build up to something significant, that is the way to go.

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lilphilupt 13 years ago

Originally Posted by Rich Struck

The real money is in recurring membership sites. If you want to build up to something significant, that is the way to go.

thank all of you guys for you suggestions keep em coming.

i see that a lot of you are saying membership sites, do any of you know any good courses or guides for that area?
- Thanks
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bogdanf

13 years ago

Microniche sites are good but not for a long term, try establishing a more solid resource website in a niche that won't die off.

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E. Brian Rose

13 years ago

Your best bet for a residual income would be with membership sites. You can create the content or buy it... just be sure and follow the golden rule, which is to only offer paid membership to content that you would pay for yourself. If you sell crap, then your income will be crappy.

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Rich Struck 13 years ago

Originally Posted by E. Brian Rose

If you sell crap, then your income will be crappy.

This should be tattooed on the forehead of everyone here.
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lilphilupt

13 years ago

Originally Posted by E. Brian Rose

Your best bet for a residual income would be with membership sites. You can create the content or buy it... just be sure and follow the golden rule, which is to only offer paid membership to content that you would pay for yourself. If you sell crap, then your income will be crappy.

Thanks for the great advice and i already know what you said is very true. i wish more people would realize it.

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mcmillad

13 years ago

I am all for membership sites. Even if you only get a few a week, it adds up pretty quickly.

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manidip

13 years ago

I think promoting affiliate products which are recurring would be the option for you.
Make 10 websites with right keyword and promote recurring affiliate products.

You can promote hosting services for residual income.

Thanks

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which path should i go for residual income?

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