What is Residual Income

Residual income is the best type of income there is. Why? Because as the name implies you get the money every week or month or year for a substantial length of time. This means you do the work once and you get paid for it over and over again. How sweet is that?
This is the best part of building a business online. You do the work one time to create a website or blog then you build a traffic generating plan and you reap the rewards year after year. Once the initial work is done you have very little upkeep to continue with as you cash the checks over and over.
Let's look at an example.
Suppose you build a blog and start doing SEO to drive traffic to that blog. You have to invest time in the creating the original blog, or buying the content from someone else which is OK. Then you spend time trading links with other webmasters and publishing articles in order to get you blog ranked on the search engine ranking pages. Let's say you build it up the customer views to a point where you are making $10 per day. That is $300 a month. Next you build another blog and do the same thing. If you build 10 of these blogs you are now making $3000 a month and you don't have to do much else other than lay on the beach and get a few more links once in a while.
If this sounds good, and it should, visit my friend Kevin over at Build Residual Income. You will be impressed. He has all kinds of information about how to create wealth streams that pay you day after day after day. Check him out and start on your path to building residual income.