A new term is breaking fast into the home business networking world. It is Viral Marketing for Residual Income.

Let me break that new term down for you.

You may be familiar with the Internet term “viral marketing” (Not meant to carry the bad connotation of a virus, but referencing “viral” as something that spreads quickly.) Here is one definition related to the Internet:

Viral marketing depends on a high pass-along rate from person to person. If a large percentage of recipients forward something to a large number of friends, the overall growth snowballs very quickly. This is the idea behind social media websites like Myspace.com and Youtube.com.

The mainstream catches a hold of an idea or story and, like catching a cold, spreads the “virus” by telling other to go look at the blog post or new video. Then those people spread it on to others and so on.

Residual income (passive or recurring income) is income that continues to be generated after the initial effort has been expended. (Compare this to most people’s income focus: linear income, which is “one-shot” compensation or payment in the form of a fee, wage, commission or salary.)

There are a variety of ways residual income can be earned. Here are some examples:

•  Transfer the rights to a book you wrote, a software program you created, a gadget you invented, or a song you recorded, to a company that agrees to pay you a percentage of each copy of your work sold in the future.

•  Become an actor and draw residual income from each of your movies, TV shows, or commercials, each time they run

•  Let an oil company drill a well on your property in exchange for a percentage of the revenue

•  Purchase an office building or other real estate that earns you recurring income through lease or rental payments

•  Start a savings and investment program that pays you residual income in the form of interest or dividends

•  Join associate programs

Regarding the last choice… Call them what you will, referral, reseller, affiliate, bounty or associate programs are very popular on the Internet. Some of them offer similar opportunities for earning residual income. Companies arrange such programs to compensate reps, resellers, dealers, associates, affiliates (or whatever the designation used) for promoting their products and services.

Reps are generally given a unique I.D. number and/or web page or site, so the company can track the source of each sale and compensate the proper rep. (Keep in mind that many associate programs only pay one-shot commissions, rather than recurring, residual compensation for your efforts.)Most of us are probably covering our overhead and bills with earned income, requiring us to work, get paid, and then do it all over again. But why rely only on that, when you can easily find ways to add residual passive income? If you can incorporate viral Internet marketing to your earned income, you have what I would call the ideal. That’s a brief overview for you to start brainstorming over, for an easy answer to how you can take advantage of this powerful concept visit the viral residual income link below.

Get Viral Residual Income

Why Residual Income Is Smart Money, by Marty Foley, Money Matters

Viral marketing is a new term about to explode wide open on the world wide scene of income opportunities. Is that some sort of crystal ball profjection or magical fortune telling trick from a traveling carnival side show?

Nope, just an insight of someone taking the concept of residual income and putting it on steroids.

Let me explain what I mean by magical formula:

Here is the magic formula:

Ideal: Viral Marketing + Residual Income =

Low Risk, High Return Passive Income!!!!

Why is Viral Residual Income or Lifestyle Income timing so important?

Here are the facts:

•  More than 500,000 new businesses start every month in the United States .

•  More than 50 million+ people are currently involved in a home-based business of some sort.

Here is the big problem: 80-95% of first-time business owners fail within the first five years. How could viral residual income help these new and home-based business owners?

Would it involve longer hours? No. Less time with family? No. More gross income, with little or no profits? No. More credit card debt and stress? No.

Viral Residual Income or Lifestyle Income is an income source earned with up-front effort, followed and supported by an incredible system that will perpetuate that income. By its nature, that system becomes the key element of social networking for those home-based and Internet businesses with high quality valuable content to help the end user reach their goals through an opportunity for lifestyle income.

As Rodney Dangerfield said in the movie, “Back to School,”…”That sounds like fantasy land!” But…

Fantasy Land …or a Real Possibility?

How to develop Viral Residual Income:

Look for a company that supports the online community that’s looking to start a home-based business… one that recognizes their number one need: Quality leads. Find one that overlaps the social networking and Web 2.0 approaches in supporting this explosive community.

Here is a sample system and solution to help you develop Viral Residual Income or as I like to call it a Lifestyle Income:

Go to www.viralresidualincome.com

This is one of the best tools and resources I have seen in many years to help you accomplish the goal of creating a residual income, but even more impressive is the fact that it can help you grow that income virally.

It does almost seem magical doesn’t it? It takes the social media and viral marketing aspects of the Internet marketing community and puts an income stream into it for you to benefit from…and of course be even more motivated to virally spread the news.

Can you use this idea for your business?

That’s a brief overview for you to start brainstorming over, for an easy answer to how you can take advantage of this powerful concept visit the viral residual income link below.

Get Viral Residual Income

Why Residual Income Is Smart Money, by Marty Foley, Money Matters

The Network marketing industry, Multi-level marketing, Insurance industry, and membership programs are often built around the idea of building an ongoing stream of income from one sale.

Someone pays $99, or whatever amount, every month to maintain their life insurance or active status in their direct sales company and the agent or representative that introduced them to the company continues to receive a portion of that income.

It’s a great idea, and of course the evolution to make everything better has hit this concept too. But, what if you could make just one sale and get paid for a multitude of sales?

With the new term called viral marketing that is possible. During this article we will introduce the concept of Viral Marketing and several ways residual income can be generated by you and your company.

Viral marketing depends on a high pass-along rate from person to person. If a large percentage of recipients forward something to a large number of friends, the overall growth snowballs very quickly.” (If one could attach an income stream to that viral marketing, wouldn’t that be ideal?)

But what about the residual part?

Residual income (also called passive income or recurring income) is income that continues to be generated after the initial effort. (Compare this to most people’s income focus: linear income, which is “one-shot” compensation or payment in the form of a fee, wage, commission or salary.)

There are a variety of ways residual income can be earned. Here are some examples:

•  Transfer the rights to a novel you wrote, a software program or game you created, a invention, or a song you recorded, to a company that agrees to pay you a percentage of each copy of your work sold in the future.

•  Become an actor and draw residual income from each of your movies, TV shows, or commercials, each time they run.

•  Let an oil company drill a well on your property in exchange for a percentage of the revenue.

•  Purchase an office building or other real estate that earns you recurring income through lease or rental payments.

True, these ways of earning residual income generally aren’t that easy to implement. But there are even more attainable ways, better suited for the average person:

•  Start a savings and investment program that pays you residual income in the form of interest or dividends.

•  Create and market your very own information products.

•  Join associate programs.

That’s a brief overview for you to start brainstorming over, for an easy answer to how you can take advantage of this powerful concept visit the viral residual income link below.

Get Viral Residual Income

Why Residual Income Is Smart Money, by Marty Foley, Money Matters