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Since the entrepreneur has prepared the content, all they need to do is watch the money roll in (obviously, only after theyve gained a following and marketed the hell out of these )!

In the digital era, knowledge is powerand money. Selling your knowledge through online merchandise is big business. Why not tap into it

Of course, the selling of manufactured products or products is an age-old source of income, but is it passive income It could be, depending on the business model. Some of the most common sources of passive income through merchandise sales are:

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Item Distribution: Companies that enable individuals to become merchandise distributors and earn a return on their clients purchases are another source of passive income. Like any other sort of passive income, if you invest up-front (by recruiting faithful clients ), the long-term rewards can be enormous!

Affiliate Programs: As an affiliate, you market a companys products or services on your site, and you get a percentage of their sale when someone clicks from your site to buy it. If your site gets lots of traffic, you can earn a pretty penny out of affiliate links!

That is what dreams are made from. Youre making money even when you arent doing anything. This means that even if youre sick, traveling, or dont feel like working, the money youre your passive income source(s) continues to roll in.

The thing about earning money from a corporate job is, no matter how hard you work, no matter how fantastic you are at your work, no matter how much extra time you log, there will always be a limit to your incomethats the word salary cap exists.

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Unlike your company salary, passive income has no limitations. Want to earn 7 figures Then start investing!

Curious how to produce passive income work for you Contact us -LRB-858-RRB- 837-1505 or even www.sixfigureprofession.com for more information about how Six Figure Profession can help you gain financial freedom.

In part three of this series we'll discuss the differences between residual income and passive income. These two phrases are often used interchangeably, but in reality they are not the same thing. There are some similarities, but there are also some large differences between residual income and passive income.Before I move onto a part of the Residual Income Series. .

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First, lets have a look at what passive income is. Passive income basically includes any money you make without doing any job. Often times this money comes in investments of time or money which you've made. With passive income that the person does not need to be involved with the money they are making.

Residual income includes payments that you will receive after a sale. Normally these payments are agreed upon in advance and will continue long after the sale. A good example of this is royalties that someone gets for a movie or book. They only write the film or book once, but it can continue to view it be sold and resold again and again, which permits you to continue to create money from your work.

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Residual income can eventually turn into passive income over time, since you can eventually earn money without doing an excess work. .

Now that you know the differences between passive and residual income, It's time to learn about some of the most common methods people use to earn residual income:

-Selling products online: This is one of the most common ways to earn residual income. It usually involves a fee that needs to be renewed each month per week, which will allow you to continue to create money after the initial sale.

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-MLM Network Marketing: With MLM network marketing you will recruit representatives to go outside and find new clients. You'll get paid a percentage for each sale that they make, which allows you to make residual income even after the recruitment is finished.

-Affiliate Programs: Affiliate programs often fall in between passive and residual income. Although a lot of the groundwork has by lain by the parent company, you might will have to do some job to take advantage of it.

If you can get to the point at which you are earning either passive or residual income (or both) then you know things are going right.

Making residual income with MLM marketing will take some time, bit it is definitely possible. In part four of this series we will get into more detail about how to make residual money with MLM network marketing. If you want to know more about to earn a residual income, click here to learn more. .