Passive Residual Income is income that continues to be generated after your initial effort has been completed and continues to make you money with little effort to maintain it. Yes, every person’s dream. Do a little work, sit back, and let the money roll in. This is possible to do, but the initial work is usually not very easy.

One way to passive residual income is by letting other people do the work for you. An example of this is by referring people to affiliate networks. Once you refer people, you get a percentage of the commissions they earn. Some places offer up to five percent of commissions for life, meaning you get people to do all the work, and you make a small cut off of them. Five percent may not seem like much, but refer enough people, and you can make a real nice paycheck for only doing some small up front work. This way is very nice, but getting enough people and the right people to sign up under you either takes luck or hard work.

Another way to passive residual income is allowing the search engines to work for you. Get some websites with good SERPs and allow search engines to send traffic to you. If the website is properly monetized, the visitors continuously come from the search engines, and you continuously make money. Only a minimal effort of link building is required to keep your place in the search engines and keep the money flowing into your pocket. This way is sometimes easy to set up, but usually takes a little link building work every month, sometimes every week, to keep your place on the SERPs.

Passive residual income is not as easy as it sounds. There are few affiliate and internet marketers who are able to achieve a sustainable income by this method. That’s not to say it cannot be done. It takes some work to set up, but with the approach, you can gain the passive residual income that will be enough to live off of. And if you do work towards this methodology, and you attain it, you will be living the good life.

Check out the Conduit Method for some tips on how to get the residual income rolling in.