Saturday

Residual Income Stream - Lesson 1

I decided to write about how to actually get started building a residual income stream while at the same time still write about the different scams you need to look out for and avoid.

One of the best ways to build residual income is by starting a website as I have stated in an earlier post. So in this series of posts, I would like to take you step by step through making your first residual income profit.

That being said, one of the biggest challenges of making money with a website is getting enough traffic to your site. You can have the best looking, most well written, valuable website but if no one knows about it, you won't make any money. You wouldn't believe how many people don't understand this and think they can just toss up a site and start creating residual income. It just doesn't happen that way.

Getting your site to be ranked well on search engines is the most important thing you can do. People use search engines to look for information. This is how most sites are found. Typically, it will take you months or even years to be ranked well enough to even have a chance to make any decent amount of money depending on your site's topic.

So how do you speed up the process? I'm going to show you a way that will have a pretty high chance of your page getting onto the 1st page on Google's search engine (Google is the only search engine that really matters seeing that they own 60-70% of the market). The best part about this strategy is that it's free!

I'll write about some background stuff for you to understand just how ranking well in search engines work in later posts so you know how the game is played. This is one of those things where knowing is half the battle. (Yo Joe!) For now though, I'm just going to tell you what you can do right away so you can get started making residual income and I'll fill in the details later.

Right now, what I'd like you to do is go to a site called Hubpages. If you don't know what this is, don't worry about it, I'll explain shortly. Once you go to the site, click on the sign up button and create an account. Don't worry, it's all free.

The reason I'm asking you to do this is because Hubpages is an extremely strong site that you can take advantage of to get your page to the top of the search engines fairly quickly. You'll understand more why this is in later posts.

Hubpages basically give you the ability to use the strength that they have with Google to create a page on their site that will be ranked faster and higher than any site you can put up on your own AND get paid for it. Hubpages is basically a place where people go to and write a page (or hub) about any topic they want.

Say you like dogs. You want to create a site about dogs and make money off of it. Well, it's going to be a while before you are even close to the top few pages on Google. With Hubpages however, you can leverage their popularity by posting a page about dogs on their website. What this does is not only give you traffic from the many hubpages users but also the traffic from search engines since Hubpages seem to rank really quickly.

So how do you make residual income? Simple. Hubpages allows you to put Adsense on the pages that you create. Not only do they help you score high in the search engines, they also let you share in the profits your page brings. Listen, most sites out there that offer this free service ONLY provide you with an ability to put a link to your website. Although this is important, Hubpages give you that ability while also letting you make money at the same time.

Most other sites use the stuff you write to make money all for themselves in exchange for giving letting you put a link on their site which will help your site move up in the search engines.

I'll be explaining more about how all this process works later. For now, I'd like you to do 2 things.

1. Sign up for a free account with Hubpages.
2. Sign up for a free account with Blogger

You will be using the hubpages to pull your blogger page up in the rankings, meanwhile, making money on your hubpages. Blogger will be your main site which you will later make most of your residual income stream from. More on this later.


In the next section, I'll go more into details on what you need to do. For now, make sure you sign up for those two sites.

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