Are you lazy? Do you want to earn money without doing much work? If the answer is yes then you must develop passive income revenue streams.
Passive income is money you receive from doing little or no work, again and again and again!
Imagine, everyday your major concern is what to eat? Or how much time to spend with loved ones? Or what to buy and how to have fun? And all you have to do is log onto the Internet for a few minutes each day to make sure your are getting paid and checking your businesses and marketing are working effectively.
You are financially free, in control of your business and your life…. and really happy!
If you want this slice of heaven then pay serious attention to promoting 3rd party products or services where you get paid repeatedly for as long as your customers keep paying for services or products each and every day, month and year!
Promote 3rd Party Products
Most people don’t want the hassle of owning a product. This is especially true if they want financial freedom in order to have lots of spare time to live a life they deserve. It’s safe to say that generally owning a product involves lots of work. Here are 9 things you would need to constantly address:
1. Product Evolution / Revision
2. Commercial Model Reviews
3. Sales & Marketing Reviews
4. Competition Combat Strategies
5. Production Costs
6. Cost of Sales
7. Partner Tools
8. Support Costs
9. Legal Issues
The above list is just a subset of the many other areas to consider.
Join a 3rd Party Affiliate Program
Being an affiliate is recommended for lazy rich entrepreneurs! The best type of 3rd party affiliate program is one that is ‘ready-to-go’, legitimate, has quality products and provides you with all the tools and support you need to perform online affiliate marketing from the start.
Once an affiliate you use the tools to drive lots of traffic to quality money earning sites with systems and processes proven to deliver a high percentage of lead conversion and thus commission for you. Again and Again!
Most 3rd party Affiliate Programs entice people to become affiliates by promising attractive benefits like large commissions, lifetime commissions, click through incomes and a lot of other benefits.
Types of Affiliate Program Commission Models
Some affiliate programs pay you, as an affiliate, a one-time commission for every sale or lead you generate. Commissions for this kind of affiliate programs are usually large, ranging from 50% to 75% or more. They do this because the lead you generate becomes their customer and they then up sell other products to generate increased revenues.
Other affiliate programs pay a fixed fee for every click through or traffic you send to the product owner’s site. Programs like this often pay a smaller fee for every click through, usually not getting any larger than half a dollar. The good thing about this kind of program is that the visitor won’t have to purchase anything in order for the affiliate to receive commission.
The best type of affiliate program involves residual passive income commissions. Residual affiliate programs usually pay a percentage of sales commission for every sale. This commission often comes only in the range of 10% to 20% sales commission. Because of this low percentage, many people ignore residual affiliate program and opt for the high paying one-time commission affiliate program.
The programs we promote are proven and have a mix of the above and offer 100% commissions. The most attractive opportunities are the residual programs where you get paid on each and every purchase made, always!
What Lazy Entrepreneurs Do
In truth most people choose a high paying one-time commission based affiliate program. However, successful lazy entrepreneurs promote multiple residual affiliate programs. From this they earn regular ongoing commissions following a single affiliate initiated sale!
This is very attractive because for the same effort of getting one customer, you get paid monthly in residual affiliate programs. So long as the affiliate residual program products have longevity or ongoing sales, this could be far more rewarding to you in terms of commission.
In summary, residual affiliate programs are a must if you want to be rich and financially free. You get more money from these types of affiliate programs and can generate passive income.
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