Category Archives: Residual Income

Are You Ready to Join the Double O Club?

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While browsing blog posts for the day, I came across an article called Time to Join the Double O Club by Felicia Williams. Needless to say, I was curious, since Felicia always shares valuable tidbits with her readers.

Join the Double O Club
Photo by Refracted Moments (flickr)

Basically, the Double O Club is a concept (not an actual club) where you tack on two zeros at the end of a digit and use this number as your primary daily goal for the month. In Felicia’s case, she’s aiming to maintain club membership by making $100 every day each month. She would earn this amount by using a combination of upfront earnings and residual income.

I found the concept interesting and exciting, so I figured I’d join in as well. However, I’m only going to focus on residual income to achieve my membership, and I’ll start working for it in November.

Here are the income sources that I plan to utilize in order to acquire my Double O Club membership. Continue reading →

8 Residual Income Content Websites: Who Should You Write For?

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Residual income content websites image
Photo by green kozi (flickr)

There are so many residual income content websites floating around the Internet. How do you choose which one is right for you?

For the past few days, I’ve been thinking about diversifying my residual income. I’ve absolutely fell in love with the eHow earnings I’ve been getting month after month, since I don’t have to put in any additional work to earn money from eHow. Since writing is a strong point of mine, I quickly began researching various residual income content websites I could contribute to. I compiled a list of the most well-known content websites that pay writers residual income and thought, “Why not share this list with my readers?” So, here’s my list. I hope you find it useful. Continue reading →

Debate: Write for Residual Income or Write Copy for Clients?

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After reading very disturbing comments on a Suite101 review, I thought it would be a good idea to talk about this topic in more detail.

Write for residual income or write copy for clients image
Photo by Razvan Caliman (flickr)

Specifically, why would some people work their asses off writing for web content sites only to get a small return? Many copywriters seem to think this way, as it just doesn’t make sense to them why someone would work for pennies and accept low pay. They seem to think that other freelance writers out there, often the ones just stepping in the door, aren’t getting what they’re worth and therefore are the reason why the rest of the world believes that freelance writing is a low paying job. When people believe this, why would clients spend over $1,000 for a direct mail package? What’s the purpose of wasting so much money for a brochure when writers shouldn’t be charged so much? Continue reading →