Friday, February 6, 2009

Residuals and Royalties

Guest post by Michael-John

If you are like most people in America, you probably work a typical 9-5 job and are getting frustrated with the daily grind. Those people that work 40 hours and get paid for 40 hours of work are earning what they call “linear income”. In other words, they get paid for the exact amount of hours they put in and not a penny more. There is a better way to earn income – this better way is through residual and royalty income.

Until now, only actors and authors received residuals or royalties for their work, but the internet has changed this. Nowadays you can do plenty of things online to create residual, royalty and passive income. You may ask yourself “how can I create residual income?” – well, the answer is on the internet.

There are plenty of ways to Make Money Online and Earn Residual Income; you can sell your photos online, write articles, sell your arts and crafts, earn money from your blog, add Google AdSense to your website and do many more things to create residual and royalty income. In fact, there are people earning hundreds and even thousands of dollars per month online in the form of passive income. The best part is that you keep getting paid over and over again long after you have put in the initial investment of your time and effort.

There are so many scams online that it is hard to actually know which websites are legitimate and which ones will just take your money. You need to know where to look to find the websites that are going to help you create supplemental income and not rip you off. There is a blog written by Michael-John Wolfe, an actor who has devoted all of his free to finding legitimate ways to make money online. Each day his blog lists a new form of residual income for you to investigate and research as a possible form of residual or royalty income. While Michael-John lists tons of websites, not each income source is for everyone – but if you take some time to browse through his website, there is no doubt that you will find a source of income that fits with your skills or situation.

Michael-John even lists sources of supplemental income and part time jobs that you can do for extra cash. Everyone wants to make money online, yet only a lucky few will actually take the steps necessary to create an easier life for themselves. Imagine never having to worry about working a “regular” job as a corporate drone ever again! Imagine the freedom you would feel if you had multiple streams of income flowing in from different online sources. Don’t let another year of your life pass by without creating some unique sources of income for you and your family. You can visit Michael-John Wolfe’s website here: Earn Residual Income and Make Money Online.

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