008 RIL: Low Risk Residual Income Ideas




The Residual Income Life Podcast  show

Summary: In this podcast we discuss four low risk residual income ideas. Low risk doesn't mean low reward. All four ideas we present in this podcast can reap great benefits. By low risk we mean not a lot of money needed to get started i.e. not a lot of money can be lost. First, we will talk about ebooks. Ebooks can be one of the best ways to generate residual income. You need very little money to start, al you need is time and the will to get it done. You can write an ebook on almost anything, you can write about whatever your passion might be. A great plus to ebooks is the number of market places they can be sold. Amazon for example, there are people making five figures a month from ebooks. All you need to do is find your niche and write a good book. Second, we will talk about affiliate marketing, it is one of the most popular ways to grow residual income. You can create a product and pay affiliates to do the sales work for you or you can be the salesperson. Either way affiliate marketing works and can make you a solid income stream. You need to pick quality products you believe in and pick the right niche, but you can be successful with a little hard work. Again affiliate marketing requires very little up front cash investment. I don't want to give to much away, you will have to listen to the podcast for the rest of the residual income ideas. As always we thank you for listening and appreciate your support.   Please rate the podcast in iTunes and give us your feedback. Let us know if there is a topic you would like to hear about at comments@residualincomelife.com   -Chris