Passive Continuityby Andrew Esipov Webmaster
The only way to be truly wealthy is to have a number of different sources of passive income.Passive income is defined as that income that does not require active participation in a business. Recommended Features
Review on Passive ContinuityThe only way to be truly wealthy is to have a number of different sources of passive income.
Passive income is defined as that income that does not require active participation in a business.
This is exactly why so many people want their own membership site. It seems like the ideal business model to create something that will bring new money over and over.
But a membership site is NOT passive income.
Sure the money comes in every month but unless you fill that site with new valuable content, you will lose your paying members in droves.
Membership sites take (lots of) work i.e. not only do you have to maintain high-quality content to keep your members happy but you also have to police the site.
If you have incorporated a forum, you will need to either moderate this yourself or outsource it to others (usually either at a cost or on a revenue share).
So how do you get around this?
You promote affiliate programs with recurring payment plans.
The beauty of the residual income affiliate programs are that you can get all the benefit of a recurring monthly site without actually having to run one yourself.
I believe that promoting residual income affiliate programs is the best way to create REAL passive income online.
You do the work once and you get paid over and over again.
You continue to receive cash even if you stop working due to illness or an accident or perhaps because you have decided to retire or spend more time with your family.
If it's worth for the top marketers to practically give away their products that they could easily sell for $1000-2000 just to get people into their continuity programs that THEY need to update then it's worth for me and You to promote continuity programs (recurring affiliate programs) and get paid over and over again while SOMEONE ELSE updates the site, right? :)
Related to Passive Continuity
Passive Income A Real Inside Look at the List Building Club! Continuity Income Ryan Lee
recuring revenue, pasive income, macro membership
The most comprehensive video on recurring revenues, passive income, macro memberships etc. Published by ryanlee.
Created on Sep 24th 2011 08:38. Viewed 1,987 times.