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There are many different ways to generate residual income across a wide variety of businesses. It may be recurring income by the very same clients or the sales of a product to new customers. It may require no personal involvement whatsoever, like an e-book sold on a website, or it may need some personal interaction, such as the insurance agent calling the customer to remind them about their renewal.

Note that this is different from recurring income that might still need your involvement to earn your income. For instance, a mentor or consultant on a monthly retainer, or a secretary who delivers lunch each Monday to the local school board has recurring income, but it comes from recurring work which limits on your earning ability based on your own personal production capacity. .

This frees the work of different people to create income for you. Some examples of leveraged income include:

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An e-book author selling her e-book through affiliates who promote the product.A network marketer that builds a downline and receives commissions on the sales made by people in his downline.A general contractor who makes a profit margin on the work done by subcontractors.Franchising your business model to other entrepreneurs (the ultimate leveraged income). .

Again, there are many different models in many different businesses. The key is that you're making money off of other people's labor, rather than primarily your own. Note that leveraged income may or may not also be residual income. When you combine them, that's even better.

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This sort of income requires your direct participation, but you can earn more money by having more people involved. This generally involves a one-time event, for example:

Though these require your immediate participation, your earning potential is a lot greater than if someone was just paying you an immediate hourly rate. Fill a room with 1,000 people paying $50 each and you can cover your facility price, promotional cost, and staffing prices and have a nice chunk of change left over. .

From the wise notions like an online path to the dress-me-in-the-white-jacket ideas like writing articles for adsense, Ive thought about pretty much every passive income stream there's.

During this time the one thing I wanted more than anything else, was a large fat epic record of all of the possible passive income streams there were.

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Unfortunately no one has even until this day made an entire list. So I spent the last week getting loaded on strong Ethiopian espresso and compiling every different income flow from my mind, my notes and the net interwebs!

PS if you want to cut to the chase you can get access to 3 of my favorite passive income thoughts right here or you can check out 30 of my favorite real life passive income businesses here.

Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone every morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.

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As you can see passive income streams simply come from resources, and assets are bought with money (eg rental property) or in the case of almost all of the ideas under, bought through perspiration (eg ebook)!

About Residual Income Ideas In SwitzerlandLittle Known Questions About Residual Income In Switzerland - Passive Residual Income.
The much loved version for bloggers and content creators everywhere and for a fantastic reasonits pretty simple to write a 60-80 page ebook, not hard to sell say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of this pie after paying affiliates.  Hells yeah!  Continue reading >.

Who doesnt like some down and dirty affiliate commissions!  Particularly in the event that you understand it can be even simpler to make money this way than with an ebook.  After all, you merely need to concentrate on pumping some content to your own site and getting the traffic in, often via Google or social websites.  Unsurprisingly, the majority of people can enjoy their first affiliate sale within 30 days of starting a blog.  Continue reading .

If you told me several years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and called up the men in white jackets to take you away!  And because back then selling goods online was insanely complicated and time consuming.  Pretty much as non-passive as look these up a business gets. .

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