| You can earn a large monthly passive income with a | | | | health products, satellite TV service, movie rentals, |
| minimum knowledge of the Internet, sales or marketing. | | | | hosting services, e-books and the list goes on. Pick a |
| In fact, you don't even have to have a website to be | | | | program that is of interest to you and has a broad |
| successful.Before I discuss the three important keys to | | | | appeal for men or women.The third key to success is |
| massive passive income and how NOT to lose | | | | creating two or more passive income streams. With |
| money, I would like to begin by defining passive income. | | | | multiple income streams you can better manage the |
| Like many people I had read lots of articles and | | | | fluctuation of your income. Stockbrokers will tell you |
| listened to several speakers talk about Passive | | | | the same - diversify your income. Back in 2002 I had |
| Income. Whether you work a regular 9-to-5 job or are | | | | only ONE program and it was generating over $5,000 |
| self-employed, you earn a salary based on the hours | | | | per month. Life was grand and I was just starting to |
| you work. For most people, if you take-off on a | | | | build my nest egg. Then, the FDA stepped in and shut |
| 30-day vacation, chances are you will not be paid. | | | | the company down. In 2002 this was my main income. |
| Passive income is an income revenue stream that you | | | | My income went from $5,000 to $200 per month. |
| have created that operates 24/7 - it operates without | | | | Needless to say, my lifestyle changed very |
| you and is an automatic cash machine. One example | | | | dramatically. You don't have to make this same |
| of an income stream is affiliate programs.The first step | | | | mistake to learn how important it is to diversify with |
| for creating your income stream is finding an affiliate | | | | two or more programs.Once you have selected an |
| program. You can find affiliate programs online by | | | | affiliate program you'll want to do a little bit of |
| searching the Internet or by reading articles like this. | | | | marketing to get the income flowing. There are a |
| With affiliate programs you have no employees, no | | | | variety of methods to market an affiliate program. I'll |
| inventory, no stock to ship and very little expenses. | | | | discuss only one method in this article because it is the |
| Now imagine flying to beautiful Hawaii and enjoying | | | | least used and easiest to do. I have one affiliate |
| golden sunsets. You stretch out at the beach, soaking | | | | program that is a natural, organic skin care and |
| in the warmth of the sun and the days slip by and | | | | cosmetic line. In addition, this company provides each |
| there are no thoughts or cares in the world to disturb | | | | affiliate with their own unique web link to advertise. |
| your private oasis. Eventually, two-weeks later, you | | | | NOTE: This unique web address is the company's |
| return home and sort through the mail. To your delight | | | | affiliate program website - this is not my website. To |
| you have several checks from your affiliate programs. | | | | promote this program I printed up 1,000 business cards |
| With gladness and excitement you go to the bank and | | | | with the description of the product, my unique web |
| deposit your weekly income. This is the fun and joy of | | | | address, my phone number and email address. I hand |
| working with affiliate programs.Most affiliate programs | | | | out these cards to EVERYONE I meet. With this kind |
| are free and cost nothing to sign-up. If you find an | | | | of marketing you can hand cards to your mechanic, |
| affiliate program that charges a fee to start-up, then I | | | | grocery clerk, florist, dry cleaner, dentist, church |
| would suggest holding-off with that program into you | | | | members and more people. Imagine handing out one |
| learn more about affiliate programs. Do not confuse | | | | thousand cards per month and how much income that |
| this with MLM (multi-level-marketing) programs. MLM | | | | will generate.Anybody can earn a passive income. |
| programs are not passive income streams. These | | | | You, on the other hand, have the three important keys |
| programs require more marketing and having inventory | | | | to massive passive income. One, find an affiliate |
| or buying product monthly.The second important key is | | | | program; two, provide a product or service that |
| "Help People Get Healthy and the Income Will Follow". | | | | customers want and create a win-win, and three, add |
| Or in other words, create a win-win for the customer | | | | a second program, then another. Oh yeah, step four is |
| and for you. Provide a product or service that people | | | | deposit your checks and step five is take a vacation |
| want and the income will follow. If you focus only on | | | | to Hawaii.Copyright 2005 Wayne McDonaldWayne |
| the money and not your customer, then your financial | | | | McDonald is a Life Practitioner and Public Speaker with |
| gains will be short term.Affiliate programs offer a | | | | tips and ideas to expand your money consciousness. |
| variety of products or services. Programs can include | | | | |