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Since the entrepreneur has already prepared the content, all they need to do is watch the money roll in (obviously, only after theyve gained a following and marketed the hell out of themselves)!

In the digital age, knowledge is powerand money. Selling your knowledge through online merchandise is big business. Why not tap into it

Of course, the selling of manufactured products or merchandise is an age-old source of income, but can it be passive income It could be, depending on the business model. Two of the most common sources of passive income through merchandise sales are:

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Item Distribution: Companies that enable individuals to become merchandise distributors and earn a return on their clients purchases are another source of passive income. As with any other type of passive income, if you invest up-front (by recruiting faithful clients ), the long-term benefits can be enormous!

Affiliate Programs: As an affiliate, you market a companys products or services on your website, and you receive a percentage of their selling when someone clicks from your site to purchase it. If your site gets lots of traffic, you can earn a penny from affiliate links!

This is what dreams are made of. Youre making money even when you arent doing anything. This means that even if youre sick, traveling, or dont feel like working, the money youre your passive income source(s) continues to roll in.

The thing about earning money from your corporate job would be, no matter how hard you work, no matter how fantastic you are at your work, no matter how much additional time you log, then there'll always be a limit to your incomethats the word salary cap exists.

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Unlike your company salary, passive income has no limits. Want to earn 7 figures Then start investing!

Curious how to make passive income work for you Contact us at -LRB-858-RRB- 837-1505 or www.sixfigureprofession.com for more information about how Six Figure Profession can help you gain financial freedom.

In part three of the series we will discuss the differences between residual income and passive income. These two terms are often used interchangeably, but in reality they are not the same thing. There are some similarities, but there are also some big differences between residual income and passive income.Before I move onto a part of the Residual Income Series. .

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First, lets take a look at what passive income is. Passive income basically includes any money that you make without doing any job. Often times this money comes in investments of time or money which you've made. With passive income the person does not have to be directly involved with the money that they are making.

Residual income includes payments you will get following a purchase. Normally these payments have been agreed upon in advance and will continue long after the purchase. A good example of this is royalties that someone gets to get a movie or book. They only write the film or book once, but it can continue to be sold and resold again and again, which permits you to continue to create money from your job.

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Residual income can eventually turn into passive income over time, as you can eventually earn money without doing an extra work. .

Now that you know the differences between passive and residual income, It's time to learn about some of the most common methods people use to earn residual income:

-Selling products online: This is one of the most common methods to earn residual income. It usually involves a fee that has to be renewed each month per week, which will make it possible for you to continue to make money after the initial sale.

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-MLM Network Marketing: Using MLM network marketing you will recruit representatives to venture out and find new customers. You will get paid a percentage for every sale they make, which allows you to make residual income even after the recruitment is finished.

-Affiliate Programs: Affiliate programs often fall in between passive and residual income. Although much of the groundwork has already by lain from the parent company, you might will have to do some work to take advantage of it.

If you can reach the point where you are earning passive or residual income (or both) then you know things are going right.

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Making residual income with MLM marketing will take some time, bit it's definitely possible. In part four of the that site series we will get into more detail about how to make residual money with MLM network marketing. If you want to know more about to earn a residual income, click here to learn more. .

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