Tag Archives: recurring income

Why Do You Need Multiple Streams Of Income?

How To Create Multiple Streams of Income

You’ve probably heard many times that you need to develop multiple streams of income to ensure stability in life. This is true whether you work for yourself or you have a job.

The main reason is that history shows that some forms of income dry up. As you know, there are plenty of things that were once popular that aren’t now. Items and even processes become obsolete eventually, so having the other streams provides stability.

Continue reading

How To Create Services That Generate Recurring Revenue

3 Ways To Generate Recurring Revenue In Your Business

Wouldn’t it be great if all your customers paid you regularly, time and time again? Well, businesses that have recurring sales benefit from this process.

Subscription and recurring revenue are hot topics today, and for good reason. Businesses that generate recurring revenue have more value than businesses without, and the coveted Monthly Recurring Revenue (MRR) figure can boost your cash flow and profitability significantly.

Offering ongoing services that generate recurring revenue can add greater depth to your business. This can also unlock additional revenue from each customer. Doing this will help you offer a higher lifetime value for your customers and you’ll ultimately flatten your competition.

There are many examples of recurring revenue businesses. Whether you’re in the realm of consulting services, health and fitness, e-commerce, software, or offline sales, there are ways to fit the subscription component to your business.

Here are 3 ongoing services you can leverage to share your knowledge and generate recurring revenue.

Continue reading

7 Ideas To Generate Passive Income For Your Business

How Can You Generate Passive Income?

Passive income is a form of income that you can earn without having to work and work for it. Rather than continuously working in order to keep the income stream consistent, when you generate passive income, you do the work once and then earn money from that work without having to do anything else.

However, some people are a little dubious when it comes to passive income, and question whether it really exists. It’s easy not to have much trust in passive income when you don’t know of the ways it can be generated.

Continue reading

Is There Such A Thing As A Passive Income Stream?

How To Create A Passive Income Stream

Passive income is a popular term right now, and it includes a wide range of income streams from rental properties, membership services, book or ebook sales, and more. Passive income is real, but the term ‚Äúpassive income‚ÄĚ can be misleading because there’s nothing passive about building a passive income stream.

Everywhere you turn online when seeking information about earning money online or building your wealth, you hear about passive income and how it’s the ultimate goal for someone wanting to build their wealth. While it is a great way to build your wealth if done correctly, it has proven to be a source of frustration for those seeking an easy way to earn more money.

Continue reading

3 Sales Strategies That Your Web Based Business Needs

Does Your Web Based Business Use These Strategies?

A web based business enables you to sell your products or services to people all over the world. It operates 7 days a week, 24 hours a day. The internet is a great place to do business but it is competitive. Do your products or services offer something better and or more modern than your customer’s neighbors or colleagues have? ¬†Do your products or services¬†make your customers’ lives easier or more comfortable?

Whatever your products or services offer, there are 3 key sales strategies that separates a successful web based business from a struggling web based business.

Continue reading

The 3 Ways To Make Money With Internet Marketing

How To Make Money With Internet Marketing

If you want to know how to make money with internet marketing, you first have toMake Money With Internet Marketing understand what internet marketing actually means. In a nutshell, it is the process of selling products or services solely using the internet. Internet marketing is one of the best ways to make money from home because all you need is a computer and an internet connection.

The internet makes it possible to earn good money from home because you can¬†reach customers from all over the world and your home based internet business can be open for business 24 hours a day. You can¬†sell your own products or other people‚Äôs products where you earn a commission for everything you sell. Let’s look at¬†the 3 different ways you can make money with internet marketing.

Continue reading

Passive Income Online

How To Make A Passive Income Online

How To Make A Passive Income Online

One of the greatest benefits of an internet business is to be able to generate a passive Passive Income Onlineincome online. Passive income online is also referred to as residual or recurring income.

They all mean the same thing which is doing the work once and then getting paid for it time and time again.

There is nothing more satisfying when you have a residual income online business and you check your email inbox to see that you have made money while you were asleep or while you were away on holiday. And, an even better feeling is knowing that it is going to happen again and again.

The basic principle for earning passive income online is that you do the work once and then that work is repeated on autopilot for you, generating income month in, month out.

So, how do you build a residual income online business?

Well the first and most obvious answer is to find and promote online residual income opportunities.

A recurring income affiliate program will repeatedly charge a customer on a regular basis. These can include products or services like software licenses, subscriptions, membership sites and newsletters. Although the initial upfront affiliate commission may be less than a one-off product sale, you will generate income from the recurring income product sale every month, and that soon adds up.

You can find  a large selection of products where you can make residual income online at Clickbank, the online marketplace. Many successful online marketers know that the secret to long-term success in online marketing is generating consistent commissions each month.

Depending on how long the customer subscribes to ¬†the product, and how frequently they are billed, this means that you as an affiliate marketer could earn regular commissions for months or years at a time!¬† To find recurring income products on Clickbank, log into your account (if you don‚Äôt have an account, they are free to set up) and click on Marketplace. Select the Category of product you want to promote and then select ‘Recurring Billing’ from the Product Type dropdown menu and click Go.

Get An Autoreponder

You can generate passive income online with an autorepsonder and a good sales funnel. An autoresponder is a piece of software that works for you continuously. You set up a series of messages once and then any person who opts into your list, no matter when they do it or where they live, receives that entire series of messages automatically.

Your sales funnel is the process a person goes through to buy your product or service. On average , a person needs to see about seven messages before they buy. This is where your autoresponder works for you by emailing your sales funnel messages, which in turn convert prospects into sales.

Automate Your Traffic

As an online marketer, you can generate recurring income online by automating the traffic to your website. Pay-per-click is a great way to generate automated traffic. You create an effective campaign with targeted keywords and then let it run. With PPC you can set  the limits on how many clicks you want and how much you spend over what period.

You can also create a similar automatic marketing campaign with ezine advertising. Once you have an advertisement and an ezine that provides you results, place a standing order with the publisher and let your advertisement and the publisher do the work for you.

Having a steady stream of earnings allows you to explore new niches and regularly test new products and promotional techniques to see what works best  for you. For this reason, promoting passive income products can be a path to long term income for many online marketers.

 How To Make A Passive Income Online

Setting up and earning a passive income online from your own internet business can seem like a tricky and complicated process. To learn how you can quickly and easily start to make residual income online from your own online business without, any previous training, knowledge or even your own products to sell, here is a free 7 Day Marketing Bootcamp to get you started.

My Banner

What does FREEDOM mean to you?

Do you place freedom as a priority?

How are you spending your time this weekend?

Catching up on paperwork, trying to fix broken stuff…working extra hours to pay the bills?

Have you seen this short video?

It’s an interview with Chris and Susan who have been SFM students for just over two years.¬†Here, in their own words, they talk about how different their lives¬†are since starting an online business!

You can start your way to a different lifestyle today by testing  the SFM system yourself,  just as Chris and Susan did a few years ago, with a risk-free 30 day trial.

Just click here and you can begin learning how to generate an income from the internet that will provide you with financial freedom.

Freedom that allows you to have real choices in your life.

Here are other testimonials from SFM members who talk about their training and results. This could be you!


How to earn recurring income for your online business

How to earn recurring income for your online business

One of the daily challenges of running a business is ensuring that you have sufficient cash flow coming into the business each day, week, month, year.

And we all know how hard that is in the current economic climate.

There are businesses that have a ‚Äėrecurring or passive income‚Äô model. Passive income is an income received on a regular basis, with little effort required to maintain it.

For example, this could be rentals received from a property, royalties from publishing a book or income from a license for an intellectual property (such as computer software product). But, is this little effort? You still need to ensure that your customers, who pay on a regular basis remain satisfied with your product or service or they will go elsewhere and stop paying you.

Have you ever been caught in a contract that you want to get out from but you are unable to cancel due to financial penalties?  I have. You know what it is like Рyou endure the rest of the contract and when that renewal date comes along, you move as quickly as you can to get out of the contract and resolve never to go back.

There is nothing worse than paying for something on a regular basis that you feel does not provide value for money or high levels of customer service and that you cannot escape from ‚Äď or if you do, will cost you dearly.

One of the secrets to a successful online business is to generate an ongoing income. This is known as residual or recurring income. This means you earn income every month without having to do loads of work. Sounds great, but how?

This can be done by simply referring people to a membership website or a recurring billing programme (eg website hosting).

But, the customer still has to remain happy! As long as they are happy, they will stay and they will pay.

This is why the Six Figure Mentor system works so well.

There is absolutely no tie in or contract, so you can stay as long as you want. In addition to getting paid for every referral you introduce (this could be anything from $10 ‚Äď $1000 per sale) you also get paid every month that your referral remains a member.

And members do stay! There is more training than any other course I have ever come across, plus website building tools, graphic creators, viral report generators and a whole lot more to help you get off to a fast start. It also includes services for like web hosting. It also includes personal support from the actual owners and other successful members.

To get a free taster of how you earn recurring income from your online business, click here.

View how to earn recurring income for your online business at :