Almost all of us are fascinated by the concept of passive income. Just imagine being able to roll out of bed at your leisure, or comfortably sip your morning coffee with no pressure to get to ”the office.” Not a bad dream to have, is it? Now there’s just the little matter of getting to there from here…
Fortunately, there’s a myriad of online resources to help you out. With respect to getting started, I like Q&A site WebAnswers and think it should be everyone’s #1 stop. Basically, you can start earning very quickly with Webanswers, and a little encouragement early on is a big boost to confidence. However, article submission sites like InfoBarrel are also great starting points, as are many of the social bookmarking sites. Keeping that in mind, here are the sites I think will be very helpful in developing passive income streams for anyone just starting out:
- WebAnswers - earn for both asking and answering questions
- InfoBarrel - 75% revenue-sharing article site
- Hubpages.com - 60% revenue-sharing
- Seekyt.com - 70% revenue-sharing article site
- Shetoldme.com - 100% revenue-sharing
- Bukisa.com - 60% revenue-sharing article site
- Infopirate.org - 80% revenue-sharing bookmarking site
Aside from WebAnswers, these are all either article submission or social bookmarking sites. Moreover, they’re giving 60-100% of the revenue to the writers. This strikes me as a pretty good way to start earning money online. (How likely is it that an employer at a traditional 9-to-5 job is going to give you 60% of what you bring in?) In short, these are all excellent ways to begin earning passive and residual income.
For more great information of generating passive and residual income, please visit the Passive Pursuit of Income Blog.