My Favorite Internet Word - Residual!

When it comes to Internet marketing and making money online, I have one favorite word that guides most of my product choice decisions - it's the word "residual."

My best working definition for residual is that "you do the work once and you get paid over and over again. Unlike a job where you get paid for the hour you work, basically a one-for-one exchange, residual-based programs allow you to work once and get paid for that same work month after month.

There are a lot of programs, systems and products a person could sell on the Internet. Many of them are "one-sale" items, meaning once you sell the item you have to start at the beginning to sell the next, and the next, and the next...

In my opinion this is a lot of wasted effort. Why not put that same amount of effort into a number of residual-based programs, grow them to the level of monthly income you want, and then sit back and relax? Doesn't this make more sense?

It does to me and it should make sense to you.

90% of the income streams I have are residual-based like Profitmart, Insider Blueprint, The Humanitarian Enterprise, Traffic Testers and Following Up. These programs (and the income I receive from them) support most of the luxuries I enjoy right now. Some of these programs I have not actively advertised in months, yet my monthly income is steadily increasing as a result of them. This is why I recommend residual programs to all of my students.

Every once in a while a good "one-sale" item comes along and I take time to promote it and advertise it. It's usually something that everyone NEEDS rather than a passing WANT item. I know the difference between Internet WANTS and Internet NEEDS. Once such need is a free 10-day email course called Magnetic Sponsoring. EVERY marketer on the 'net NEEDS to get this course. This course will show the correct, most effective way to market and be in business on the Internet.

So, to close out this post today, think RESIDUAL! Residual is best! Residual is my favorite word.