What is your main passion besides just earning money alone?
There has to be a market that you have a reasonable interest in. Some kind of knowledge that you have that others would gladly pay you to learn about. That is your advantage, your edge.
Before we go on I need to tell you that I spend less than 2 hours a day maintaining my sales funnel. My main focus and advise would always be to find ways to have your business automated whether it is supposed to give you residual income or not.
Step 1: Understanding Something About Network Marketing
Here is something you should know about network marketing. Some people think that network marketing is like a residual income business model. In a way, yes you can create 4 figure incomes pretty easily.
However, this kind of system would only last as long as you keep recruiting new blood into your system. That means you need to do an active duty for as long as you need to. Is this the kind of leverage you are looking for? Decide which kind of system you really want before committing to anything online.
Step 2: Choosing The Right Business Model
Some people will probably not be happy in this kind of system. So, choose a new business model. One which you feel would be a business model that gives you total control and call it your own own system and with your own base clients.
Residual income is like doing the work once and getting paid forever. Truthfully, running a business is a daily task and the only way to really grow your income (which should be your end goal) is to work at expanding or automating most of your sales funnel and processes.
Step 3: Taking The Next Step Online
So, all you really need to do is to choose a real residual income involves immersing yourself in a market that you are passionate about. Teach people something useful or give them helpful information that improve their lives.
Then, find ways to automate it and turn it into a business which can function without you. That is the time you could decide to call it “quits" and then work on a new business project, expand your services, find new markets or anything else you want.
Residual income online can be automated only when you put your hands to work and truly know how to tweak all your business processes to run besides you. However, none of that will work unless you have enough traffic to test your market or sales funnel.
Do you want to learn more about generating income online? Download your free blueprint here: Automatic Residual Income Online
Vern How is a webmaster, author and web traffic generation expert. His website currently serves over 4,500 unique visitors per month.