How to set up your online business to build a residual income?

[Setfragil]

Setting a residual income online is very easy. Make sure that whatever you want to deal with is genuine and it is of good quality. Also make trustworthiness and honesty when doing online businesses these are the things that will keep in you in business and you will continue to earn your residual income.

 

[Patrik]

pretty good points right there, thanks! also on good important thing about online businesses is that you need an active support, you have to be always there for the client

 

[Shigobad2020]

Residual income means you do something today so that it will continue to pay you for a long time. Residual income does not involve working every day to generate income, residual income means you earn money for a long time from your one-time work.

By posting on Bizdustry, you are earning good money. However, this is not a residual income. You have to post every day, frequently during the day, to earn from the site.

Your gig is hired by a client on Fiverr and you make money by offering your service. This is also not a residual income either.

What exactly is residual income then?

You create a youtube channel, publish good videos. The videos published today will continue to make money for you for 5, 10 years, or even longer. (provided your video is good and you get traffic)

You publish your blog, your blog will continue to make money for you for a long time (provided you are receiving search traffic).

Blogging and vlogging are just a few examples. You can try publishing books on Amazon, you will earn royalty for lifetime. You can also publish articles on the article sites that shares revenue with the publishers, for example, hubpages and medium. You can try crypto investment, etc.

If you want to do online business, consider doing a business that builds you residual income. Some of thee options you can try are, publishing apps on play/app store, building and selling software, etc.

There are diverse ways to generate income online , first is by earning on Fiverr , Fiverr has been existing for long and they pay real money, another one is by getting money by posting and commenting on ptc sites like bizdustry, bizdustry is also one of the leading forum site.

 

[Mostee501]

First of all before one can have a residual income online,one needs to have a well developed skill on the niche he/she is venturing into.

 

[Kelly5]

Building an online business that will become a source of a decidual income for someone is another brilliant way to go online. The likes of Facebook and google are a typical example of online residual income settings. I think an affiliate type of platform will be good to set up

 

[Nomad]

Youtube is something I would like to try my hands. I see a lot of people earning via youtube. sadly I have not been able to use youtube for making money. I would like to give a shot

 

[nimzy]

Ti settle your residual income through your online business depends on your competencies and dedication with the available devices that will helped you perform the task as expected by you effectively for you to meet your demands for money.

 

[Setho]

The best shot at someone getting residual income from online work is blog posts. That is why you have to create blog post consistent for a long time so that you can monetize it one day

 

[Fozzy_boy]

Prepare yourself very well and learn some basic things about most businesses before going online

 

[Setho]

Right now I very much understand the concept of residual income. To me I would use evergreen YouTube videos or evergreen blog post to achibe this.

 

[Sotherefore]

You do not really need a residual income for your old age retirement,you can still work and get a lot of money, from there you can invest the money in something that can generate to you a lot of money even after so many years

 

[Jlife]

Most online business do not provide a permanent source of income even after retirement, you really need to save a lot of money and plan for everything because online business at some point may not be reliable anymore in the future.

 

[Richard92]

Setting up an online business is not as easy as people think. It requires personal decisions and drilling so these are the main characters needed so when the business eventually starts all other needed traits would be easy to build with time. The dropshipping work is for long run if you have grip in it.

One can set up his own online business in his or her own comfort zone which is his home with these he can be able to make residual income .

 

[Kelly5]

Working at the same time to make money from the work you're doing is not residual income actually. It is what gives you money even if you're not there that is called a residual income.

 

[Ralphjoe]

Setting up an online business is not as easy as people think. It requires personal decisions and drilling so these are the main characters needed so when the business eventually starts all other needed traits would be easy to build with time. The dropshipping work is for long run if you have grip in it.

I definitely believe that setting up an online business it's not as easy as people think it will be because most online business requires digital skill that are so difficult to learn and require enough time to be able to learn this kind of skill set for such an online business.

 

[Queentener]

Residual income means you do something today so that it will continue to pay you for a long time. Residual income does not involve working every day to generate income, residual income means you earn money for a long time from your one-time work.

By posting on Bizdustry, you are earning good money. However, this is not a residual income. You have to post every day, frequently during the day, to earn from the site.

Your gig is hired by a client on Fiverr and you make money by offering your service. This is also not a residual income either.

What exactly is residual income then?

You create a youtube channel, publish good videos. The videos published today will continue to make money for you for 5, 10 years, or even longer. (provided your video is good and you get traffic)

You publish your blog, your blog will continue to make money for you for a long time (provided you are receiving search traffic).

Blogging and vlogging are just a few examples. You can try publishing books on Amazon, you will earn royalty for lifetime. You can also publish articles on the article sites that shares revenue with the publishers, for example, hubpages and medium. You can try crypto investment, etc.

If you want to do online business, consider doing a business that builds you residual income. Some of thee options you can try are, publishing apps on play/app store, building and selling software, etc.

Thanks for this write-up this is very very very helpful and I will surely make use of the information I have gotten in this write-up as I always say nobody is an island and information they say is power this is really really nice yes

 

[Abigael]

Building a good source of residual income is really great. It is such a good opportunity that you can even create such online. Blogging and vlogging are truly a good examples of where to earn passive income online, especially for those of us who love creating content.

 

[eLdavis]

There are so many investment you can go into where you can get residual income. Even real estate serves as means of residual income. You can also check out im academy, its an online academy which i am currently into and its been really great.

 

[Haveit]

You have really shed light to what residual income means, money other things or people make for you that is just the defination in summary and you have given a good example too another would be real estate.

 

[FreshKaz11]

Residual income means you do something today so that it will continue to pay you for a long time. Residual income does not involve working every day to generate income, residual income means you earn money for a long time from your one-time work.

By posting on Bizdustry, you are earning good money. However, this is not a residual income. You have to post every day, frequently during the day, to earn from the site.

Your gig is hired by a client on Fiverr and you make money by offering your service. This is also not a residual income either.

What exactly is residual income then?

You create a youtube channel, publish good videos. The videos published today will continue to make money for you for 5, 10 years, or even longer. (provided your video is good and you get traffic)

You publish your blog, your blog will continue to make money for you for a long time (provided you are receiving search traffic).

Blogging and vlogging are just a few examples. You can try publishing books on Amazon, you will earn royalty for lifetime. You can also publish articles on the article sites that shares revenue with the publishers, for example, hubpages and medium. You can try crypto investment, etc.

If you want to do online business, consider doing a business that builds you residual income. Some of thee options you can try are, publishing apps on play/app store, building and selling software, etc.

Seriously your thread post is the best and educational, because this could really go a long way if we could chose to do any of this you made mentioned in your post,and I really wanna thank you for bringing this in here.