An Income Strategy That Pays You Big Profits

Most people today trade their time and efforts for money. This is the way it has been done for thousands of years. But the Internet has opened up additional income strategies for ambitious entrepreneurs that can pays you big profits.

It allows you to establish different types of income streams. Most affiliate programs use a standard income model that pays on a per action basis. That is, a commission is paid to an affiliate only when a customer makes a purchase. Most standard affiliate programs operate in this way.

Residual income models provide payment on a monthly basis regardless of the circumstances. This type of income model is known as a residual income program. A good example of residual income is a membership site. Members pay a set amount every month regardless of how much (or how little) they use the service. Those who don’t use the service at all pay the same amount as someone who uses it 100 times.

A diversified income strategy is your most profitable course of action. Residual income along with standard affiliate income should both play a part in your business plan. Standard affiliate income can be extremely profitable, but it is somewhat time intensive. Residual income can provide you with a very nice recurring income stream but does not monopolize your time. It allows you the freedom to exploit other money making opportunities or just enjoy some free time. This type of income is among the most powerful and efficient ways to build wealth.

Smart Internet entrepreneurs diversify their income streams by using both residual and standard income models. There are thousands of residual programs available. You can find them easily by using ClickBank’s Marketplace. Choose a category, then in the box entitled ‘Product Type,’ click on ‘Recurring Billing.’ This will bring up a list of affiliate programs that pay you each and every month.

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