by © John Colanzi

Many marketers are so busy losing money trying to get rich quick, that they never take the time to learn the true power of creating a long-term residual income.

Trying to get rich quick is a gamble. Only a small handful of marketers will ever get rich, but anyone can build a solid long-term income. It just requires a slight shift in thinking and a little patience.

Marketing on the Internet is similar to investing in stocks. The get rich quick crowd thinks like the day traders. A few profit and the rest end up on the Boulevard of Broken Dreams.

The marketers who think in terms of building a solid income are more like the Warren Buffets. They believe in investing for the long term. They realize that residual income can be built over time and continues to grow every month with a little effort.

The advantage the Internet Wealth Builder has over other types of marketers is:

* No brokerage fees to cut into profits * No transfer fees, that accrue when investing in real estate * No crazy tenants * No property insurance

In essence, an Internet marketer can build his monthly income starting with little cash and with little or no overhead to eat into his profits.

So what is residual income?

It's similar to a monthly dividend payment, or any other form of guaranteed monthly income. Best of all it's less stressful to build your income over time.

So what are some ways you can start building a monthly recurring income?

Membership sites are one way. Many sites pay you month after month for every member you refer.

Internet services are another way. Hosting, autoresponders, list servers etc. pay a monthly commission.

Network Marketing is another way to earn a monthly commission. Every member you refer is a monthly check as long as they stay in your downline.

Even better than promoting any one program, you can weave together a tapestry of programs that compliment each other.

As an example, let's say each program pays $10 a month per sign up. That works out to $120 a year per sign up. Let's say you set a modest goal of ten sign ups a month. That means over the course of a year you'll have 120 members earning you $10 each. That's a guaranteed $1200 a month in commissions after your first year of wealth building.

Guess what, stick out the first year and your commissions will continue to grow each and every month. Not only that, with a year of positive results under your belt, you'll find that it gets easier and easier to build your residual income.

The sky's the limit and you've done it all stress free.

Wishing You Success, John Colanzi

About the Author:
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Copyright (c) John Colanzi
John Colanzi has been writing for the Internet for over 5 years.  He has taught hundreds of webmasters his step - by - step formula for building an online empire without spending one cent in advertising. Grab a copy of "Confessions Of An Ezine Writer" and put your business on the fast track.
Visit: Confessions Of An Ezine Writer

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