Many of us are feeling the pinch these days, and are choosing to, or forced into, looking for a new line of work. This is not an advertisement for a get rich quick scheme; I am not going to be making wild claims or promises about the amount of money you are ?guaranteed? to earn in no time and with very little effort.
The fact is, there are genuine business opportunities out there, they are just very hard to come across because the ones that are advertised are the ones that don't really work. No matter how good an idea or how successful a business, there can only be a certain number of people who can profit from it. There seems to be an awful lot of people out there who have made millions, have a constant supply on income with no daily input, and yet feel they need to make extra money by selling ebooks about how they did it and how you can too.
Businesses work like this: you have a product or service to sell. If there are enough people who want to pay for it and you can expose it to them at the right price, then you will make money. There are no quick fixes, even in today's world of e-commerce.
If you have nothing to sell, then you can buy something and sell it on at a profit. The trick is finding the right thing, at the right price, with a ready market. If you are still reading this, then this is something you're looking for.
Magnotherapy (magnetic therapy) bracelets and collars have gone from being unheard of 20 years ago to a huge market today. This is a market that is still growing. I don't know if I should suggest this, and you'll have to promise you'll come back, but a quick search for magnetic bracelets on Google will show you what I mean. (Open it in another tab!)
A word you're sure to have come across during that search (If you did it) is ?Bioflow?, probably with the words ?business opportunity? or ?become a distributor? somewhere nearby. This is not one of those advertisements. Even though there are thousands of people who make a good living from this, you can do better.
Bioflow is the leading magnotherapy company in the world, and was started by Nigel Broderick in the early nineties. You may well have seen him appear on your Google search as many Bioflow distributors still cash in on his name. It is his patented Central Reverse Polarity design that makes the Bioflow what it is, and went on to be the only magnotherapy bracelet in the world to be successfully through clinical trials, the results of which were published in the British Medical Journal in 2004. Nigel sold his company shortly before this, but has now gone on to form a new company based on a new, improved design - BrodPod.
Trade customer status with BrodPod, unlike Bioflow, costs nothing. There is also a larger trade discount of up to 50%. The products are an improvement on the old design not just in how they work, which is explained on the website (link below) but also in their appearance. What is truly revolutionary about the BrodPod range is how they look- a magnotherapy to be seen with, not hide away. Take a look for yourself.
Residual income is one of the easiest ways to supplement your annual earnings because it involves generating earnings over time after one initial effort. For example, a real estate mogul who rents apartments is earning residual income on his property. His/her initial work was the purchase of the apartments. The residual income is the rent he/she receives on a regular basis.
But most of us don't have the resources--or know-how--to own and operate apartment buildings. Fortunately, there are easier and simpler ways to generate residual income.
One of the best ways is by self-publishing your own materials. To get started, consider the areas in which you have some expertise. Perhaps you're a health enthusiast with a lot of knowledge about exercise and fitness. Maybe you're a mother with plenty of tips about childcare and raising a family. Or perhaps you have experience from former jobs, like landscaping, bookkeeping or teaching.
Once you decide on an area of expertise, you'll need to create the materials you want to self-publish. Different materials work for different topics, so choose one that fits your chosen area of expertise. Fitness experts, for example, might want to create e-books with plenty of pictures that show proper exercise techniques. Childcare experts could create a series of articles or informational pamphlets. Bookkeepers might want to create actual computer tutorials or booklets.
Do an Internet search to find resources that will help you create your materials. There are many different companies that allow you to self-publish e-books or pamphlets on the web. Or you could choose a computer program that gives you the ability to write and publish articles in the appropriate format, such as a pdf file.
Next you'll need to actually write your materials. Write your articles or e-books, draw (or purchase) the pictures that will accompany them, and create any pamphlets that you plan to distribute. Many people find this the most time-consuming part of the process, but it can also be the most enjoyable. If you've chosen a topic that you're passionate about, sharing your knowledge can be a fun and fulfilling experience.
You'll also need a place to market your materials. Some people find that creating their own website--which also includes information about you and your expertise--is the best way to sell booklets, e-books and pamphlets. Other folks might want to join up with another group, organization or company that markets similar materials.
Once you have your materials in place, do a little advertising to get your name in public. Online message forums, e-newsletters and press releases are simple, inexpensive ways to advertise your materials.
As folks begin to purchase your self-published materials, you'll soon have residual income rolling into your bank account. After your initial effort of creating and marketing your materials, you simply need to sit back and watch the income pour in.
Both Sarah Tavy & Michael Laleye are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Sarah Tavy has sinced written about articles on various topics from Residual Income. For more information on BrodPod, visit