Residual Income Opportunity Blog

If you want to build residual income into your lifestyle then don’t go about it blindly. You’re going to want to study, research, and spend some time on learning all about the various opportunities, and businesses models out there, and find out what people are actually making cash from.

You see the problem is that most people when it comes to decisions regarding things like investing in stocks, starting a new website business, or buying real estate are just making their decisions based on what they have heard. What I want you to think about today is when you hear this information consider it carefully and don’t just adopt that opinion until you know it to be true.

In my case I have experience in earning residual income online so let me talk about that for a minute here. Some of the things I’ve heard floating around online are, “You can’t make money from Adsense”, “Build a site with great content and the traffic will flow in”, “Buy a pre-built site in an expensive niche and you’ll make a killing”. For some people the preceding statements have been true but for others not at all.

Let’s take one example. Recently lot of “web gurus” say “buy websites that have traffic and are already live and you’ll make lots of income”. Therefore lots of new online business entrepreneurs have been buying websites at places like www.sitepoint.com and also www.ebay.com . Now if you do not know what you are looking for and what is actually a good money making opportunity then you will be wasting a lot of money and time.

On the other hand if your goal is to earn residual income off a website and you know exactly which sites up for sale have the potential to do that you can sometimes find some great deals.

Let me give you an example. I recently saw a website that I passed on (due to the price tag - $1200). It was ranking on the second page of Google for a keyword and making about 6$ a day from Google Adsense. Now I analyzed this website and potential traffic and I know that if I bought it I would be able to have taken it to the first page with some simple SEO strategies. The owner of that site had done a great job to get it to the second page but wasn’t too SEO savvy. If I bought it and took it to the first page it probably would have started making well over $10 a day within a month or two.

That is just one example of making sure that if you are serious and want to be building residual income and invest in good quality investments that will actually put money back in your pocket then you need to understand and learn about what it is you want to invest in so you can spot a good opportunity before you buy.

Today I was doing my daily study of residual income on the Internet and I really started to think deeply about how websites get ranked and how to really make income online properly.

Basically I continue to come to the same conclusions. I feel that the only way to really build up a proper passive income opportunity is through a website with quality content and/or a solid business idea. I feel that the times of mini websites with mostly useless information is coming to a close as people really want to find information, products, and services that are relevant to them on the Internet. No one wants to do a search and find useless information people can find anywhere on the web. Just think about it for a second in the offline world only high quality businesses and services succeed – why should the World Wide Web be any different?

You’ll come across a lot of teachers or blogs online that will teach you how to quickly build niche websites and make some easy money on the web but I really am starting to disagree with this as an overall business strategy. It does work as a short term money making strategy but how long can a non solid foundation really last?

I will admit that I myself have several websites that are just out there to make some money but I can’t say that they are of high value or quality to the end user.
Recently my thinking has begun to change and to tell you the truth this is actually one of the reasons I started this site www.income-king.com. I’ve decided I want to build a comprehensive resource on the Internet where people like you and me can come and learn how to build passive income through positive thinking, marketing, branding, online web ideas, and much more.

So if you really want to get into a solid residual income business opportunity then start thinking of how you can add value with what you decide to pursue. If it’s a website or blog make it one that people love to use, return to, and get information out of. If it’s a product then sell something that is worth while and not just an EBook with an empty promise.

We all know that to make a good income online we need good traffic coming to our websites and blogs. If you play the game correctly this internet web traffic will turn into residual income streams that will continue to grow as long as you maintain what you have built and keep working those keywords!

So how do you know what keywords people are using to find your current website? Well I recommend using a free tool called Stat Counter. I really love it and use it to track statistics of any and all of my websites. It has a bunch of cool features like how many visitors you’ve received, detailed visitor information, browser statistics, what page they exited on and more. But when it comes to building up my SEO I really like to use their keyword features.

In Stat Counter they have what is called the “keyword analysis” and “recent keyword activity”. This is where things get really interesting in terms of SEO and earning income online. You will be able to see what words people are using to find your website as well as a list of how many times each term has been used to find your website.

So let me give you an example. Say your website is about “making money on the Internet”. You might start to notice that many of the people coming to your site through search engines are finding you through the term “make cash on the web”. What often happens is you aren’t even going after that term but the search engines are ranking you high for that.

Here is the juicy part. What I then do is make a small list of the words people are using to find my site and then start using them in my site. Ways that you can use them is write some posts with the keywords in the title, add the keywords as tags if you’re using word press, and also inside posts that you write make that new keyword an anchored link back to your homepage or better yet the post that relates to it. You can also start using these new found keywords in your article marketing efforts.

So if you’re taking your online residual income business seriously then you really need to start learning more about how your users are interacting with your website or blog and also how they are finding you. Once you start to use the above technique you will really start to notice your current online income grow as well as your site traffic!

Today I want to speak a bit about a little hidden (not so hidden to some) online residual income builder. Well, let me backtrack for a second this method won’t directly build you a passive income online but it definitely can help you get ahead.

As I’ve mentioned before in some of my SEO tips and tricks articles if you want to make money you need targeted web traffic, and in order to get that traffic you’ll need your site ranked high in search engines. If you want to rank high then you need to build up a solid foundation of anchored links. Well, with article marketing you can do just that.

For those of you who don’t know article marketing is I’ll explain it to you a bit now. It’s great for those of you looking to build up links for your passive income websites. What you do is you write an article related to the website you want to promote and then you submit this article to hundreds of free article directories around the Internet.

You see the beauty of this is, at the bottom of your article is what we call a resource box. In this little box you write some information about the website you are promoting and you can also usually put in 1 or 2 anchored links in the description. If you read any of my SEO articles you’ll know exactly why anchored links are important and how to do them. There are also article submission services like ArticleMarketer.com which will submit your articles for you which saves you literally hours and hours of work.

So if you are seriously about setting up a residual income business online then you really need to learn about and get in a good habit of regularly doing article marketing in order to promote you money making websites. You will not see instant results but it will definitely help your SEO efforts and you’ll rank better in the search engines.

When it comes to a residual income source there are so many different kinds that you can go after these days. You can try real estate, running a company on auto pilot, investing in bonds or stocks, and more. These days it seems that more and more people are trying to build passive income online through the use of the internet. Why not, the opportunities are abundant, and the internet is growing more and more on a daily basis.

So the question is if you do decide to go after making income on the Internet where in the world do you start. It’s so easy to get overwhelmed and not know which way you want to go or what you should do to make the residual income that everyone speaks about and tries to make it sound so easy to do. Let me tell you it won’t be easy but it’ll be well worth the effort once you see the monthly income start rolling in.

Well what I want to recommend to you today is to join a forum that will be able to help you learn all about internet marketing and how to make a passive income online. This community or learning center is called “The Affiliate Academy” and it’s one of a kind. I’m a member of it and I must say I’m amazed at what it has taught me. It is run by a man by the name of Vic who tells it to you like it really is and if anyone can teach you how to make income online it is him I must say!

With The Affiliate Academy, Vic doesn’t necessarily speak about one way to set up a your business but he teaches the fundamentals of how to make income online which in my mind is the most important to this game. I have learned so much through the website and continue to use it daily. There are interactive forums where you can ask questions and also heaps of recorded videos and sessions where you can listen to him chat and teach about making online income and more. If you are interested in signing up for this academy you can register here.

I’m not recommending that making residual income online is the only business model that you pursue but I think it’s a good one. I also think that if you do decide to go after making a passive income through the net you need a good website like The Affiliate Academy where you can ask questions and learn from people who make income online each and everyday and it is their main source of money!

If you’re looking for the right residual income opportunity to get into and have some money to invest then real estate might be just the right road to take. Of course in order to actually earn passive income from a real estate investment you need to get into the market at the right time and have some money to use as a down payment towards the house or apartment just to get started.

So if you are thinking about actually getting into creating a residual income through real estate then you’ll mostly be looking at purchasing a property and then renting the property out on a monthly basis to somebody. Your ideal situation will be finding a tenant that can pay you more then you are paying for your monthly mortgage payment.

Let’s take an example. If you are able to purchase a house and then your monthly mortgage rate is $1800 then you’d want to be renting your house out for at least $2000 or more. This would equate to a $200 that would come in month after month as long as you have the place rented out.

Remember there are a few negatives if you get into real estate investment. The first is not a negative but it’s sometimes tough for people. You need a large chunk of cash to use as a down payment on the property that you purchase. The more money you put down, the lower the mortgage will be and that means you’ll make more passive investment income from your tenants.

Another thing to consider if you want your real estate to become a true money maker is who will manage the property? You’ll need to hire a company or someone to look after and rent out any real estate that you purchase. If you want to do it all yourself then it may become a busy full time or part time job depending on how many properties you manage.

Real estate is definitely a good game to get into if you want to try different residual income opportunities out and see which work for you. Of course there are thousands of factors as to what will make a good real estate investment but the point of this article was just to introduce you to the overall concept so you can decide if it is something good for you!

If you want to start a business and are looking for passive investment income then you might want to try and go about it with the help of others. You see, many of the things we talk about on this blog related to getting into and starting your first residual income business opportunity may take a bit of cash to get going. That could include hiring a coach, putting a down payment on a business or piece of real estate, whatever. The truth is you may need some cash flow to get into this game.

If you don’t have the income needed to start right away this doesn’t mean that you should just sit around and wait. You need to be creative and think of ways to go about getting it. This could mean borrowing the income from others or earning it yourself and then investing it into you new business opportunities.

The only problem is that earning it yourself can sometimes take lots of time before you are able to get together enough money to get any residual income business idea going. Let’s take for example real estate – if you want to buy a place, then you’re obviously going to need a pretty big down payment in order to secure the purchase. Don’t let that initial cash slow you down think about friends, family members, relatives, business associates, or whoever might be interested in building up a money stream together with you.

Let me be clear now that this form of raising capital may not be that easy but it is doable. You will soon see that after you start studying more about the importance of learning all about money and how to make it your talk will become contagious to others around you. If you know what you are actually talking about and have valid ideas of how you will put what you know into an action plan then people will become interested an actually take you seriously.

Use your mind and try to come up with business opportunities to present to others that are already generating a good income. If you show to them that you are knowledgeable in this area and you have valid residual income business ideas to pursue there is a good chance that they may be able to or interested in getting involved in with you.

I would say that if you have no experience in creating passive income streams then you might need a bit of time before you can expect to gather money from others. For now just study this subject thoroughly and start applying some ideas that you have studied about. I would say online is the best place to start just because it takes time and knowledge but not much money before you can set up an income stream.

If you are truly serious about building residual income whether it be through an online model, real estate, investing, or anything else I truly recommend that you find a qualified coach to work with. Coaches can sometimes be a bit expensive if they are skilled but in order to reach your goals of earning passive investment income in a shorter time periods a good coach might be the answer that you are looking for.

So why do I need a coach to learn about all of this when I can read about them and find information for free all over the internet? Well to some extent that is true and I also agree that using the internet to learn more about how to build residual income into your life is a great idea but if you work with a coach that knows what he is doing he will cut your learning time down tremendously and give you the confidence and motivation that you need to keep going on this path.

Where do I find a coach to teach me about residual income opportunities and how to capitalize on them? Well you start off by contacting authors of books you like, friends of yours that are already earning passive incomes, or the method that has worked well for me is you contact people that you find out about online that you know for a fact are making streams of cash through what they do. If you do decide to find your coach online the key is not to rush into choosing him or her. There are many people out there who claim to be coaches but honestly they won’t be able to teach you much about earning income online or anything else for that matter so be careful and take your time!

How much do coaches cost once I find a good one? Well the truth is a proper coach will run you anywhere from fifty to five hundred dollars per hour. I wouldn’t recommend spending more then $200 per hour when you’re just starting out learning about residual income business opportunities because it might take you some time to wrap your head around all the concepts and the price tag can go up pretty quickly if you know what I mean.

So you may or may not want to take my advice about getting yourself a coach to learn more about the whole residual income business game but I can tell you that once you find a good one if you have chance to work with them for a reasonable price then I would. It will cut your learning time in half and hopefully they will assist you on your way to building online residual income in no time!

Did your parents have a residual income business or passive income stream built into there life as you were growing up? Or maybe they have one now? Did they ever talk to you about income strategies or how to make money besides working full time and saving up? Although I love my parents dearly and they have done so much for me I must admit they never taught me too much about how to invest and earn residual income. All of my learning and earning has come from my own drive and picking it up from other people.

It’s true what most people say that we are very similar to our family members and parents. This isn’t just for the way we worry or handle situations this also goes for the way we think about money and finances. My parents have always been in the school of thought of working hard, saving your money in banks and mutual funds, and of course putting money into their retirement savings plan. While that is all fine and dandy and they have been able to save money this way they never actually taught me about how to make residual income – I’ve had to learn it all for myself.

So you might ask what does this have to do with teaching us how to start our own business that brings in money while we sleep. Well what this means for you is that if your parents didn’t teach you all about finances and how to make a passive income the right way then you’ll need to go out of your way to not follow in their exact footsteps when it comes to the financial game of life.

I know in my case I have started to earn an online residual income through not going to an office everyday like my dad or mom may have hoped I would. I learn all about residual income streams and techniques from reading books like “rich dad, poor dad”, finding coaches to teach me about making income online, and also hanging around the internet and finding good blogs like this one that give out insightful learning on the subject of earning income.

So what’s the moral of this story? Love and appreciate your parents and what they have taught you. But remember to analyze what they have taught you in terms of financial thinking. I’m sure some parents understand how to build residual income and teach it to there kids but I know most don’t and therefore it’s up to you to go our and learn it yourself!

Many people talk about making residual income online like it’s something that is easy and does not take time. Well to be honest to some extent that is true. Once you learn the fundamentals of online marketing and business and have everything set up and going then making residual income on the internet is not that hard. The question is how you get to that point.

Well today I want to introduce to you some fundamental concepts of SEO. For anyone who does not understand what SEO is it stands for search engine optimization. SEO may sound tricky but after you learn some of the basics it’s not actually that hard. To do it properly it will take time and patience just like it will for you to set up your residual income business.

First off just to make things clear as to why SEO is key, you need to understand it because in order to draw traffic to your website to actually make an income you need to have visitors coming to your website. The more targeted visitors you have at your website the more chances you have to make passive income off of their time spent with your at your website.

So enough chatting let’s get into a few simple SEO techniques. Once you have selected the proper keywords for your website you are going to need to use them strategically within your website in order to get the search engines to notice your website in the first place. A few key places that you are going to want to use your keywords are in the title tag, in the H1 (header) tags, and also if you can in your links. There are tons of tutorials on the internet that will teach you all about HTML but that is a bit beyond the scope of this article.

Another SEO technique that not many people talk about but it really helps out a lot is if you have your keywords in your domain name or URL. So for example my website is all about how to build residual income into your lifestyle. Did you notice something about my domain name? Bingo take a close look and if you have been reading this article carefully you will know what I’m referring to. I can tell you that if you want to rank well in search engines then try and get domain names with your keyword in the name – it will help you a lot!

So there you have it, just a few tips to get you going on your path toward making a stream of residual income through SEO tricks and the Internet. I will be writing many other articles on this subject to get you more and more advanced but just remember to make income online you need to rank high in search engines or end up spending a lot on paid ad’s. Either way understanding basic and even advanced optimization trick will help you a lot build up your online business website.