Tuesday, March 2, 2010

Earning Online Passive Residual Income Needs A Lot of Work

Online passive residual income is an attractive term for those who want to make money online. Honestly, I too was fascinated by the fact that you can generate passive income once you have initially setup everything. Many programs can be found online advertising that you can make money even while you sleep without doing any work. It is important that we shouldn't get carried away by these words and we need to look at the inner meaning.

It is certain that we can earn passive residual income even while we sleep, but to make that happen, we need to do a lot of work. Setting up things once for all and just watching money growing is only in dreams. Putting forward a lot of work to make it happen is essential.

As far as passive and residual income for writing is concerned, I have read about some great writers who make at least $1000 passive income. The point here to be noted is that these people are able to generate passive money by working for it. Simply posting a few articles in Adsense revenue sharing website and hoping to make that whooping amount is foolish. You have to work hard to make residual income from paid to write sites. These websites pay you depending on the popularity of the articles. You need to write more to become popular.

People should trust you and visit your website to extract information so that you can generate passive income. Now, this requires a lot of marketing. Creating online web presence is more important and networking with fellow writers is even more important to make passive income.

So, basically, passive income needs you to be active online. It takes time to write some useful articles on the paid to write website because there are already loads of stuff there. If you don't provide something interesting, people won't bother to read what you have written. It takes even more time to let people know that you are sharing something useful.

Forget about getting rich quick by writing online because it is impossible. Carving your name as a freelance writer takes a lot of time and it needs patience. Once you are popular and you have at least a few hundreds of people following you, then you can reduce the number of hours you work and still maintain your income status. But, still, you need to work continuously to keep the passive income flowing. Agreed, no gain without pain.

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