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cash back at eBay, and earn residual income from other people's eBay auctions. Read our free guides.
M.C. Nygard, right, wants
you to earn a lifetime of
good residual income.


What is residual income?

Residual income

Linear Income

Passive Income


Here are some ideas for
residual income fun.



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Residual Income Ideas
An overview of passive vs. linear income.

What is Residual Income (and How Can You Get Some)?
Are you living paycheck to paycheck? Then it's time to get out of the rat race and start
thinking in terms of multiple streams of income, such as leveraged income, passive income, or
recurring income. Whatever you call it, what we're talking about here is not a technical
definition, but a means to illustrate that with a little planning your initial work can generate a
lifetime of income. You can some day kick back and enjoy life on your terms (instead of relying
on a paycheck).

You see, your paycheck is linear income. You're trading your time for money. As there are only
so many hours in the day, you would have a limit to your wealth if you were to rely only on
your paycheck. But if you were to shift your thinking to learn about
multiple streams of
income you could leverage your time and profit from recurring income that has minimal or
limited involvement. To do this you will need to learn to delegate, automate, affiliate and
model after the success of others. Whatever your course of action, it's inspiring to know that
the "residues" of your initial efforts can generate residual income.

To that end, here is a starter list of ideas:
  • Become an affiliate marketer. Cash back at eBay is the easiest way to start, but you
    can also develop a content rich Web site or blog and collect Google pay-per click ads.
    Visit our affiliate marketing bookstore for more powerful ideas for making money with
    Google Adsense, or ClickBank.
  • Sell your digital pictures to image banks.
  • Get paid for advertising on a car.
  • Buy Real Estate and rent it. Learn about cash flow by visiting our bookstore.
  • Start a career in sales (e.g insurance brokers are often paid a recurring commission).
  • Sell your business as a franchise and let others pay you to duplicate your success.
  • Hire trusted staff to operate your established business (for example, become a
    restaurateur).
  • Buy stocks and collect dividends.
  • Write a book or a magazine article.
  • Sell an eBook on your own Web site or blog, on Amazon, or through the affiliate
    marketplace, such as ClickBank, Affiliate Junktion, or Share-a-sale.
  • Write a song and collect royalties from the published music.
  • Become an actor and get residual income off syndicated shows.
  • Write a software program and have others market it and collect royalties from the
    sales.
  • Create a game. Read The Toy and Game Inventor's Handbook, by Levy and Weingartner,
    available in our affiliate bookstore.

You get the idea.... Invent something. File a patent and sell the patent so you don't have to
do the work of selling it yourself. Put your seminar on video and sell the rights.
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