WE ARE CALLED TO A LIFESTYLE OF FAITH#5 (made with Spreaker)

Online Residual Income - Is It Worth The Initial Effort?

Your income can grow in size much the same as a snow ball grows in size by rolling down a hill full of snow. The only difference is of course that your income will be rolling up hill instead of down.

Everything has a beginning. There is some hard work in the beginning of any successful online residual income producing business indeed! The ability to stay focused is key. There are so many distractions in the world in which we live, especially on the world wide web.
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Next, do your homework and choose the best residual online program available. Once you have purchased or joined the best program for you, it is time to start generating leads. Now, get a good auto-responder service.

 A simple and effective way of generating leads is by offering something of great value for free in exchange for each name and email address using list building services. The goal is to get names and email addresses of targeted people that might be interested in your product or program.

List building services are great for generating new leads. These newly acquired leads will usually be other internet marketers that are interested in making money online. Once enough leads are generated, use the auto-responder to send out multiple offers to these newly acquired leads. Create follow up messages that will be delivered every day or two to your new prospects automatically by the auto-responder. This will save time and money.

The initial effort that it takes to get everything set up in the beginning will be quite an undertaking. The value of one targeted lead is said to be worth $1.00. Make no mistake about it, the money is in the list that you build. The hard work put into this beginning process will potentially pay off big in the end if you've chosen the right residual online income producing program to promote. 

Starting a Legitimate Internet Business - Affiliate Programs

If you were to list all of the necessary elements to begin building a legitimate Internet business from scratch, few people would have the skills, experience or in lieu of those, money to even get to square one. When it is all said and done and you are ready to start advertising your business, you may find you don't even like marketing, or worse - there is no market for your product or service. Then what?

All of that is precisely why affiliate programs are the perfect way for you to see if you even like Internet marketing before you try to build a
business online from scratch. If you start out on your own, you will need to know programming, web design, and connectivity, just to display a website on the Internet.  To take this way out, you would need to create your own product or service that you could sell to create income.  Then of course no business can happen unless you advertise and market it, and this requires knowing effective strategies.

All told you could spend years getting it all together and then more time to promote your business before you would ever see a profit, particularly if you had to pay for all of the above. The statistic bandied about for many years for an offline business, is 5-years to make a profit, during which time your expenses continue - for example with a store or office outside the home, there is insurance, taxes, rent, inventory, staff, equipment and supplies.  They need to be paid whether or not you sell one thing during that time and this is one reason why it may take so long to realize a return on your investment. 

While having an Internet home business of course you wouldn't have all those ongoing, mounting expenses, however in reality it still does take time and lots of effort - More than likely nowhere near 5-years, but of course that is depending on what sort of a system/product you are creating.
When you become a member of an affiliate program, you are, with your membership dues, buying the right to use and profit from their intellectual property - everything they have spent time and money to develop to build their business; and to use their resources, including that they handle all your sales transactions and serve your customers, and you earn commissions when you make a sale.

It is a perfect exchange, where you are promoting their business and giving them free advertising by your efforts to earn money - so that is why they allow you to use everything for what comparatively speaking is a very small amount of money - not to mention all the time you are saving in development and experimentation.
Now it is likely you have heard the misinformation about how affiliate programs are 'pyramid schemes' or 'scams' or 'Ponzi schemes'. It is true 'MLM' (multi-level marketing) has gotten a black-eye not only because there are in fact some unscrupulous businesses (everywhere, in any industry) but also because people do not understand what it is they are paying for, and it is true you wonder, why you are paying for a job?

Let's compare a closely related industry which is being a product distributor - for example selling health or beauty products.  People have been doing this for ages, and they pay for everything - there are likely membership dues, and/or sometimes you must have inventory, or to buy the product yourself every month.  You pay for the order forms, catalogues and brochures, and of course marketing and advertising unless you know how to do it yourself. They may provide some level of training to help you.  You may earn commissions on anything you sell and if it works, eventually you will recover your expenses and make a profit.

The question is why are these multi-level marketing companies not painted with the same 'scam' brush as affiliate programs? Because you can see a tangible product? Because you are not technically making money from referrals alone? When you sell someone a product aren't you referring them to that company? Or is it more 'legitimate' because you recognize the brand name and there is no mystery about just what they do or what you get? Find Out What You've Been Missing