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Using E-Books To Create Residual Income

Aug 17, 2007
Is there such a thing as an alternative residual income home business opportunity to MLM (Multi Level Marketing) that still produces great money? Yes, there is and they are called e- books. Almost anyone can create an e-book and turn it into a source of residual income. It only takes moderate writing skills and knowledge on a popular topic. This type of residual income business opportunity is a great alternative to MLM businesses because a person has more control over their business.

MLM businesses have been the major source for residual income because they are easy to get started in, and are already proven to be successful. For some people, though, building a home business that can produce a residual income is something they would like to do, but MLM is just not for them. Maybe they like the challenge of building their own residual income opportunity or maybe they cannot find an MLM that they are passionate about. Whatever the reason, it is possible to find a great alternative to MLM that produce comparable income results.

E-books are a residual income opportunity that is still an untapped market. Many people are starting to see how a simple e-book can easily start making them residual income. An e-book is based upon something a person is knowledgeable about. They do not have to be a professional writer, but it helps to understand grammar and spelling. If a person really is not confident in their writing, they can hire someone to ghost write for them at a one time nominal fee. As long as an e-book has useful, informative information, it can and will sell!

Making an e-book into residual income is easier than writing it. Once the book is written, the person just needs to market it. Once word gets out about this exciting new e-book it will begin to sell. It is just like an author of any book selling it. Every copy will make money. Although, unlike an offline book, an e-book is sent to the customer in the form of a computer file so there is no shipping or printing costs, which makes the sale more profitable. If a person grants resell rights to others, they can then set up a simple affiliate program to help sell their book. Their affiliates will market and sell the book, keeping a portion of their sales for themselves. All the author did was take the initial time writing it and now the e-book will earn them money again and again.

E-books are a fun alternative to other residual income home business opportunities, like an MLM. They are an original work that a person develops themselves and gets to earn residual income from selling it on the internet. It is both gratifying and profitable work, so get writing!
About the Author
Tom Childs holds an MBA from the University at Buffalo, and is involved with several highly successful internet businesses.
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