Residual Income Opportunity Blog

When working on creating online wealth and residual income opportunities you need to be smart and invest in certain things that will actually make you some money back as well as save you some time on your quest for online passive income streams.

Today I wanted to give you a brief list of some of the things you should be considering investing in if you are starting to think about taking this money making game seriously. This list is not in any particular order of importance but it’s just a few of the things I’ve been using and I can say I do notice results.

www.articlemarketer.com – This is article submission software. Although they have little to none customer service they are a great way to get your articles distributed around the Internet and also help you build up valuable backlinks wich you need if you want to rank well in the search engines.

www.fastblogfinder.com – This is software that only costs about $50 that helps you locate different high PR (page rank) blogs that are relevant to your niche. After you find high PR blogs you can leave your comments on various posts which is another great way to build up links to your growing website or blog

www.searchmarketingelite.com – This is a membership site set up by SEO guru Brad Callen. I am currently a memember of this site and I can say if you watch all the short videos you’ll have a great understanding of SEO and how it is used to earn income online. You can try it out for 1 month and then cancel and I think it will only cost you $4.95 for priceless Internet marketing education.

So as I said if you really want to make passive and residual income on the Internet start investing in some tools. If not you’ll be wasting the most valuable resource of all – your time.

Well today’s lesson in wealth building is all about analyzing our lifestyles and making sure that we are living properly, enjoying, but with the goal of earning income and making sure we are using that money effectively – to build more wealth. Many people actually think that if they see people with nice cars, expensive clothes, jewelry, etc that it automatically means that they are wealthy people. This is actually not the case and many times the wealthiest people and the ones that are earning the most residual income are the people that you would never even expect to have money.

You see what most people do is as soon as they start to earn a bit more income from their job or investments they start to spend that money on liabilities instead of assets. Ask yourself the question. Last time you got some extra money as a gift or maybe a pay raise what did you do with it? Did you invest it into something that will make you money down the road or did you spend it on something with instant gratification like a watch, a trip, car, more expensive apartment to rent, etc? Most people do fall into this column and that is why most people are not very successful.

What I’ve been studying and trying to apply recently is to live a bit below my means. I rent a decent apartment in Osaka for just under $600 a month. I could easily spend double this and live in a much nicer place but recently I take any extra money and put it into a recently purchased real estate investment as well as towards a few online businesses that I’m working on.

What I’m trying to say here is that if you are serious about wealth building and creating residual income then you need to stop spending extra money on things that won’t put more money in your pocket in the future. Instead of going out for lunch today make something at home and buy yourself a new domain name. Next time you get a raise at your job don’t automatically think about how you can upgrade your living, start thinking about what kind of businesses and investments you can get involved in.

We’re all here together on the journey to learn how to build passive income business whether through online or offline opportunities. I know that many people (myself included) spend way too many hours everyday surfing blogs and reading interesting articles about building wealth, attaining success, and earning income through the Internet. That’s a great thing and don’t get me wrong I love learning online but today I want to briefly talk about good old fashioned books.

I must say in the last year or so since I started really becoming interested, even obsessed with learning all that I could about setting up residual income streams, I can’t seem to get enough books in my hands. I go through at least 2 books a month now. The books I have been buying have focused on wealth, passive income strategies, business, marketing, sales, and of course how the Internet ties into all of this. If you’re not into reading books I can tell you then you’re not reading the right books or authors.

Today I just wanted to give you a small list of books that I’ve read over the past few months to a year that I really would recommend you to try out. Remember they won’t bring you instant success or teach you how to earn money in 24hours but they will definitely motivate, educate, and teach you success strategies that if you actually apply will pay off in your business and personal life.

• Cash Flow Quadrant by Robert Kiyosaki
• The 4-Hour Workweek by Timothy Ferriss
• The Science of Influence by Kevin Hogan
• Moonlighting on the Internet by Yanik Silver
• Secrets of the Millionaire Mind by T. Harv Eker

The above books are all related to business, successful thinking, and methods on creating wealth. I have learned and become very motivated in different ways from each of these and some I’ve even re-read. Any readers out there who’d like to add to this list leave a comment, I’d love to hear about what you folks are reading and get further suggestions about what I should add to my Amazon wish list!

You all want to find an online income opportunity quickly right? Yeah I know. So do I, and so do thousands of other internet and web entrepreneurs or get rich quick opportunity seekers. Well as I’ve spoke about before in the past if you want to make some green backs on the web then develop a real business!

Think about it this way if you were opening up a shop in your city or town would you start selling useless items to people? Hopefully your answer is no. What does this mean? Well it means that if you get in the success mindset of setting up websites, blogs, and product sites that are useful to your visitors you’ll set up a long term income and business opportunity.

On the web right now there are so many people setting up “niche sites” and blogs about things they really are not interested in order to generate some quick wealth. Well I can tell you that it’s a waste of time and even if you start to make some money from your site it will die off shortly and you won’t have set up a long term passive business.

So if you want to actually leave your day job then don’t buy into all these niche products and get rich quick schemes that people are selling. Are you really going to set up business opportunities selling ebooks on scrapbook making and duck hunting when you really have no interest in knowledge in these subjects? Remember to ask yourself these questions before you buy products to make online income or wealth.

• Am I interested in this niche?
• Does it have income and revenue potential?
• Is it a long term or short term business?
• Is it unique or is it something that thousands of other people are doing?
• Is the website or blog something that people will find value in?

So if you are serious about developing a legitimate online income opportunity then start developing an actual business model from day one. The days of building up low quality sites on the Internet are slowly coming to a close. The web is still fairly new and has lots of great potential for those who take the time, think strategically, and set up solid long term businesses – Good luck!

When it comes to earning income on your blog it’s not something that you want to rush into. This is a big misconception that so many people that are new to this game on the web are failing to see. Today I just want to speak to you about a few money making tips that I’ve learned if you want to set up your blog or website.

First off don’t only choose a topic that you enjoy which is what most people will tell you to do but also select a topic to write about that has some profit potential. If you’re developing a blog with no hope of income or monetization then just write about anything that you love. But if you do want to make income with your blog then there is some research that you’ll need to do.

There are a few things that you can do in order to tell if the topic you have chosen has any revenue potential. First off is go to the Google Adwords tool at https://adwords.google.com/select/KeywordToolExternal and type your keywords or blogging topic into here. You’ll be able to find out what kind of money advertisers are paying for each click. I like to go after niches with keywords that charge at least $2.50 and up. Remember to also check what kind of competition you are up against. I’ll talk about competition analysis in a future post.

Another great way to find out if your chosen field has potential is to go to some of the top search results in Google especially the other successful blogs in that area. If they have lots of advertising from big names and they look like pretty high end sites that is usually a good indicator that there is cash to be made in that area.

Also remember one other thing if you want to create wealth online or any money for that matter have patience and don’t start to monetize your blog or website until you have some steady flows of traffic. I know at the beginning when you’re getting a few visitors a day it’s tempting but I would hold up for a while. Have patience and the income will follow!

If you’re online and working on creating web wealth then today I want to share a little story with you that recently inspired me. It’s about perseverance and some of the true characteristics that you need to actually achieve success online or offline. This post kind of relates to one of my previous posts called “Residual Income Streams by Making Your Problems Small” basically what I talked about is that if you are a true entrepreneur and want to reach success you can’t let problems get in your way.

Well I’m not sure if any of you have heard about the website http://moneymakerinfo.blogspot.com but it’s found at the top of Google for the search term “make money online”. If you don’t know already, I can tell you that this is a very competitive term on the Internet and the owner of that blog is seeing some heavy traffic and was making some good money from Google Adsense.

So when am I going to talk about the lesson of perseverance? Right now. Did you notice I said “was making some good money from Google Adsense”? Well about a week ago the owner of this blog got banned from using Adsense on his site due to having his ads blend in to well with his content. To be fair, he did get a warning from Google a few days before but apparently he wasn’t aware of what to change and three days later he was banned.

Well the reason I wanted to tell you about this story was because although Alan Liew (owner of the blog) lost his main residual income stream he has not given up at all and is already trying to monetize his blog differently and continues to post everyday. If you suddenly lost most of your revenue what would you do? Think about that question for a minute.

So I guess what I’m trying to say today is a few things about building web wealth. You need to have perseverance and not give up. Not matter what is thrown at you if you are sure you want success in your business keep going at it until you get what you want. Another lesson may be not to put all your eggs in one basket. If all your income comes from something like Adsense what would you do if you suddenly got banned like Alan?

As you folks build up your passive income internet sites you are going to want to have as many links coming into your blog or website as possible. As you all know by now the more quality and related links you can round up the better. You’ll end up being positioned higher on the search engines and the more business and web traffic your residual income website will get.

So what’s all this talk about link exchanges? Well as some of you savvy SEO bloggers may have already picked up on it’s a good idea to try and get your link into other peoples “blogrolls” or “links” categories. Especially if the websites are of good quality and they are related to your own blog or website this will be a great opportunity for your business website to rank much higher in the search engines.

Now because Google and the other engines are smart companies they have already picked up on the fact that people are doing link exchanges and have now discounted some of the “juice” from blogrolls. But there is an option you can do that will work wonders and I’ll explain it to you now.

What you’re going to want to do is once you have built up a relationship with another website owner you should ask them to have a link pointing to your site or blog in one of their articles. As of this time links that are found within content are still very valuable. You could do an exchange and ask for them to put a link to your site into one of their articles and then you can do the same for them. Remember to get them to try and use your desired anchor text or at least something related to what you are trying to rank for in the search engines.

So remember as you work towards getting higher rankings and earning more residual income online you need to start getting really up to date with SEO strategies that work today and not just the ones that worked yesterday. Good luck and stay savvy!

Are you really serious about learning how to create residual income and set up opportunities and businesses? I thought you would be. So if you want to be in a position where you are making this kind of money then I recommend that you study business models that are already succeeding at this.

It’s true that we often can’t see exactly how a business is making its money but if you take some time and try to break down a company that is succeeding you’ll be surprised at how much you can actually understand. Large businesses are even easier to understand because they often publish books about how they achieved success and break down the steps on exactly what actions they took to get there.

So what do I mean when I say to study them? Well basically what I mean is reviewing their business model as thoroughly as possible and taking notes on how their business is being run. So in the case of passive income generation you’ll want to find some models that fall into this category and learn as much about what they are doing as possible.

Now once you have found a business that you want to tear apart a bit and learn about what do you do next?

I generate most of my residual income through the Internet so let’s talk about that for a minute. Say you want to develop a money making blog about “Stock Investments”. What do you do then? Start by making a list of the top “Stock Investments” websites that you can find on the Internet. Make lists of what they are doing right and also take time to find out how they have set up their cash flows.

At this point you should have a comprehensive list of what successful residual income opportunities look like. This list will help guide you towards what you should be thinking of setting up. Remember the models you’re studying took time, effort, and innovative thinking to get where they are. It’s also going to take you some time as well. Don’t get overwhelmed and think that you can’t do it – you can and will if you make your plan and take daily action!

Welcome to part three in my SEO tips series today on how to make residual income online through the knowledge of SEO and search engine strategies. I got inspired to write this short post after going through hundreds of high powered investment and financial blogs and reviewing their content. Something hit me, although many bloggers have great blogs and I really respect them for that, they don’t seem to have basic knowledge of SEO and how to turn their blog into a passive income generator.

I’ve talked a bit on this blog about how important it is to have the keywords you’re trying to rank for in your title tags. I’ve also mentioned how important it is to try and include your keywords in the titles of your posts as well. Today I want to talk to you about the importance of having your main keywords in your anchor text that you’re putting out all over the internet.

Many of you have done a great job of building up your page rank through posting on your blog, commenting on related blogs, and doing link exchanges with other bloggers. This is great and you should continue to do this but one thing you need to try and do is when you do blogroll exchange links with other bloggers try to get keyword phrases into these links.

For example if you have a blog about online investing then make sure you try and include that in the links you get to your site. Have links to your blog like Online Investing, Online Money Investments, etc. Don’t have something like “Pete’s EZ Investment Blog”. The reason I recommend this is because Google and other search engines will start to recognize what your blog is related to and then rank you high when users search for related terms. Remember no one is typing in “Pete’s EZ Investment Blog” but they are typing in all sorts of phrases like “Online Investing Blogs”.

Having a great blog that readers love is perfect. What I’m saying today is go about it strategically. Build it into a residual income opportunity the wise way. When you get a new link to your site from another blog think about what you want them to put as the anchor text – Search engines will love you for it and you’ll get more traffic and also more cash flow.

You want to start to earn residual income and set up some opportunities but first you need to even understand the definition of this word. Most of us hear that term or we also hear the term passive income floating around in the money conversation circles. Well before you start to make anything or talk about it you need to have an understanding of what the word means so you know how to go about making it!

There is one big mix up that many people have when they think of the terms residual and passive income. Let’s get one thing straight right off the bat. Working from the Internet or from your home does not automatically mean that you are making passive cash streams. It means you are working at home and while you do have more freedom you still need to work all the time for your money to keep coming in correct?

If you want to understand the true definition of residual or passive then think about assets that produce money daily, monthly, yearly etc without you doing something specific for at that moment to get it.

Let me give you a few examples. The interest you get on your money in a bank or bond is passive. Once you put the money in any of the interest you receive from that cash you actually have done nothing for except the initial action. Another great example would be a website that you set up Adsense on. Once you put in lots of initial work and the site starts ranking well you will most likely be getting money coming in daily with no or very little maintenance.

So when you’re evaluating whether a residual income opportunity is really that then think about this one question. Will I earn money even when I’m not working. Remember many opportunities require initial work before they will turn into something truly passive.  That is the true definition of this word.