I’m embarrassed to say it, but a few years ago, I used to fall for the following sales hype. ‚Just give me 50 of your hard earned dollars and I will show you how to easily, with hardly any effort earn $10,000 in residual passive income opportunities, each and every day, working just 10 minutes a day!‘

Do you really think that someone would give away this secret for creating a passive income online for $50! I know if I had the magic bullet, that made $10,000 every week with doing very little I would be charging millions of dollars and people would be queuing up at my door for the SECRET. Of course it’s possible to earn $10,000 In residual income stream, but the sales letter should read.

‚Just give me 50 of your hard earned dollars and I will show you how to earn $10,000 in passive residual income, each and every week! But I must inform you that you’re going to have to work harder than you ever have, you need patience and once I show you how to create a passive income online, you need to repeat what I show you each and every day. If you do this, you WILL be successful‘ Can you see the major flaw in my sales letter? Yes, it says the truth, but the truth is not what people want to hear, they want something for nothing, or I should say, they want a million dollars for fifty dollars, but at the same time, they do not want to work for the million dollars!

Residual income with Affiliate Programs is another great residual income source you should seriously look into. This is a good way to start a business online if you are new and a great way to build your business earning passive residual income for years to come. One of advantages of promoting affiliate programs is of course, you don’t need to deal with customer service. You don’t even need a ware house to store your goods to name a few.

Learn about keyword research and how to SEO optimize your site to promote it. The secret to successful affiliate marketing is to always promote your own site first. Then, market the affiliate products or services in your site and not the other way around. This way, when you have new products or programs to promote, just put them on your site.

Create your wealth the smart way. Understand and implement the principles of residual income online to leverage your time and effort. Generating residual passive income with business opportunities online is the way to go and is becoming the way of the future.