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Resources for Earning Passive Income
passivepursuits
Since officially starting my quest to generate passive income, I've come across several resources that have become invaluable to me.  Some are products and some are services, but I thought it would be worthwhile to give a brief rundown of what I'm doing - and the resources I'm making use of -  to generate residual and passive income:

WebAnswers
How'd you like to get paid just for asking and answering questions?  That's what Q&A site WebAnswers is all about.  Anyone who's read any of my other posts on passive income knows that I think WebAnswers is the cat's meow.  It's not just because I earned my first passive online income there, but also because I started earning there quickly.  After joining, I was - speaking honestly - rather ambivalent about the site, but in spite of my own slack efforts I was making money a week later.  Moreover, I have made money with them virtually every day since!  (I think there have only been two days when I didn’t earn any income, and I believe they were both on the weekend, when there's far less traffic.)   That's why I honestly believe WebAnswers should be everyone's first port of call when it comes to earning passive income.

InfoBarrel
InfoBarrel is an article submission site that has 75% revenue-sharing.  What's really great about it is the fact that you can earn revenue from multiple sources - Amazon, AdSense, and Chitika - and you can write about any topic that interests you.  Moreover, there's no limit to the number of articles you can submit in a day (or ever).  After WebAnswers, I tend to think article-writing is the next step for just about everyone looking to earn passive income online.

Bluehost.com
Bluehost is a top-notch web-hosting company.  I use them for many of my own web sites (all of the paid ones, in fact), and I highly recommend them for their professionalism and service.  For $6.96 per month you get unlimited space and unlimited domains (which is perfect for someone in my position, because I've got numerous ideas for niche sites that I'd like to get started on). Of course you may be thinking, "Why pay for hosting when there are scores of places that will let me build web sites for free?"  That is certainly true, but of course a free website might come with restrictions and other unfavorable terms and conditions.  For instance, some free sites won't allow you to display ads.  Good luck monetizing that one...  The long and short of it is that web hosting is actually pretty cheap, and for the freedom it gives you in terms of developing your niche (and monetizing it) it may be well worth the price.  Plus, as the old saying goes, there's no such thing as a free lunch.

Hubpages.com
Hubpages allows you to build "hubs," which are essentially web pages.  You can monetize your hubs (there’s 60% revenue-sharing) in several ways, including AdSense and Amazon affiliate links.  It's free to join, and you’re allowed to build as many hubs as you like.

Squidoo
This is essentially the same as Hubpages, only the web pages you build are called "lenses" rather than hubs.  There's 50% revenue-sharing in several ways (including AdSense and Amazon affiliate links).

Seekyt.com
Like InfoBarrel, this is another great article site with 70% revenue sharing.

Shetoldme.com
This is a social bookmarking site with 100% revenue-sharing.  (Tough to beat that!)

Bukisa.com
Another awesome article site that has 60% revenue-sharing.

Infopirate.org
A social bookmarking site with 80% revenue-sharing.

Instant Article Wizard
This is incredible article-writing software that not only does research online for you, but will having you cranking out articles at an unbelievable rate.  There's nothing better for overcoming writer's block, and you will even be able to write articles on topics you are completely unfamiliar with.

The Best Spinner
Fantastic article-spinning software that lets you to create lots of original and unique content from every article you write.

Unique Article Wizard
Another outstanding piece of software that automatically lets you post to hundreds of article directories and blogs.  A must-have for anyone truly serious about marketing their articles.

Market Samurai
Phenomenal software that let's you perform in-depth keyword research and analysis.  Saves you time, money and effort by identifying the high-profit niches that you should focus on.

***For anyone considering (or currently doing) article writing, I strongly recommend that you take a look at Instant Article Wizard, The Best Spinner, Market Samurai and Unique Article Wizard.  I believe they are absolutely essential if you want to achieve quick and lasting success.  Using just The Best Spinner and Unique Article Wizard, I was able to propel my niche site to the first page of Google in less than a month!!!  Since then I've remained on the first page (and have even touched #1 a few times).  I firmly believe that these are items you must have in your virtual toolbox.


Niche site
I have one niche site up at the moment, but it's generating income on almost a daily basis, so I'm pleased.

Amazon.com
It's great being partnered with one of the world's largest retailers.

Books (self-published)
I've got two books published at the moment, but I'm really doing much promotion (and probably would not have even mentioned them were it not for the fact that I had a sale).

You can see more of my residual income efforts (and how they're panning out) on the Passive Pursuit of Income Blog.

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