To me, passive income means doing something once and then earning for a long time to come. A pop star, writer, movie star or rental property tycoon are examples, where they do something once and earn for many years o that one piece of work. In the past, this has only been available to a select few, thanks to the internet, it’s now possible for anyone to experience the beauty that is, passive residual income

This is something that you can start to do part time, then gradually this ‘part time’ passive income opportunity will eclipse your full time job and you will never look back again. Another benefit of having your own residual income business online, is the ‘risk free’ element involved. A small start up cost, with an even smaller monthly fee and you’re away. And if it doesn’t work, quit and that’s the end of it. You do not have to take out a loan or re-mortgage your house.

If it’s such a small risk, why isn’t everyone doing it? I hear you cry. Well, the answer to that is simple, people are happy with their lot in life, no, sorry, people aren’t happy with their lot in life, they’re not happy, but equally, they are not willing to do what’s needed, to change their life. As the old saying goes, ‘If you keep doing what you’ve been doing, you’re going to keep getting what you’ve been getting’ To succeed, you must change something, it may be as small as working online for half an hour each evening at first. It drives me up the wall, when people start an online business and do very little, then wonder why they aren’t earning a fortune. Doh! Follow the step by step, stick to it and you WILL be successful.