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Hello from Craig Stringham,
www.howtoearndollar.com
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Why is it so important to make residual income online? I will tell you why but first let me ask you
this question. Which is better selling a product once and making a commission once or selling a
product once making a commission and continuing to get paid every month on the same product?
Please tell me you answered that the second one is better or we have more problems then me just
telling you why you should want to make residual income online. But sense most of us are in
unanimous consent that its better to get paid month after month for selling a product once lets
move on.
Now let me explain something to you first I am not saying that every product you sell on the
internet needs to make you residual income I know there are a lot of great products out there for
you to sell that wont pay you on a continuing basis but are still great products with good
commissions that are worth selling. What I am trying to say though is its good to have as many as
you can that will pay you over and over again from just selling the product once. Isn't that enough
reason for you to want to make residual income online it does not take any more work to sell a
product once and continue to make residual income on it then it takes to sell a product once and
only make money that one time?
Another good reason you want to make residual income online is income stability. When selling a
product on the internet that you only profit once off of you can have good months where you make
allot of money and bad months where you don't make nearly as much. The same is true with the
residual products you sell you will still have your good months and bad months but the difference
is on your bad months you are still earning money from the products you sold in your good
months. Again now don't you see the importance of wanting to make residual income online from
as many sources as possible?
The main reason though for wanting to make residual income online is because it is the ultimate
wealth builder! Let me give you an example lets keep it simple and say you are selling a product
that pays you $10 when you sell the product and $10 each month for as long as the person
remains a member for that product. Lets say that you sell about 10 products a month so the first
month you earn $100 the next month you sell your 10 products again so you earn another $100
plus the $100 you sold from last month so that's $200 you made the second month for the same
amount of work. Now that you see where I am going with this lets fast forward to month 12 if you
continued to sell 10 products a month and still received the residual income from your past sales
you would make 1.200 dollars that month which I know what your thinking that's still not a lot of
money which is true but imagine how much money you would be making 5 years from now if you
continued to sell 10 products a month! If this income wasn't residual and you only sold 10
products a month every month in 5 yrs you would still just be making $100 every month. Now
chances are though that you are going to have products that you sell more then 10 a month of and
make more then $10 on each sale plus your goal is to have lots of different products you are
2. selling that create residual income. Now do you see now why this is the ultimate wealth builder!
That my friends is why it is so important to have as many income streams as possible to help
make residual income online.
Now I am sure before you even started reading this article you knew it was important to make
residual income online but I hope after this article you realized just how incredibly important the
ability to make residual income online is to building long term wealth. The key to doing this though
is finding good products that people will continue to pay for month after month. So take action
now and start to make residual income online!
Here's to your success!
Ella James
To sign up for our FREE internet marketing course/newsletter and download your FREE copy of
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Article Source:
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Hello from Craig Stringham,
www.howtoearndollar.com
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