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What Do You Need Most Immediate Cash or Residual Income

By Charles Hopkins Published 01/2/2008 | Marketing
If you sit in front of your computer for a long enough period of time you will eventually get tired of doing it. This is especially true if you are looking for ways to make money online.

Because there are literally thousands of ways to make money online you can quickly get overwhelmed and either give up jump around and never really make any money.

Your needs will determine how you go about searching for ways to make money on the internet.

1. Do you need immediate cash?

2. Are you looking for a long term income including residual in come.

Immediate cash is best done by selling private label right products or joining an affiliate program.

PLR products are great because you can create buy now buttons that go directly into your checking account, or PayPal account.

Some affiliate programs offer immediate commissions, but most will pay you every 30 days or so. Even that is pretty immediate when you have your own home business.

Residual income is where you get paid over and over for doing your work one time. Selling memberships can be a way to do this. Website hosting is an example of how you can earn a commissions every month for making the sale one time.

Another form of residual income is to get paid over and over on the sales of others. Here are 2 ways to do that.

1. 2 Tier Affiliate Programs

You join affiliate programs that will pay you on your personal sales as well as the sales of affiliates you recruit. This can be great if you build a powerful team of quality affiliates you can sell online.

Of course the downside to this is you may have to recruit hundreds, or possibly even thousands of affiliates, to get a top selling team.

2. Network Marketing

This is a tremendous business model that is really coming into it's own thanks to the internet. You create residual income here by recruiting a team of distributors to buy and sell products in your downline.

The nice thing about this is your group can grow when other people recruit as well. This can be several levels deep. In affiliate marketing you only get paid on the sales of people you personally recruit.

So if you need immediate cash work on personal sales. If you want residual income spend your time recruiting and training. Either way you can still make very good money on the internet.