Your goals may be to retire early, find the place of your dreams, and be able to afford it. You want to have the time to visit your family and friends whenever you want. You want to live your life in comfort without worries for your financial situation.

One of the best ways to achieve your goals, is to create a business that supplies you with a residual income. It can be done through your own web site. Once you have your web site set up, generating traffic, there are many possibilities to make money from it. A good opportunity is to embark affiliate marketing.

When you promote relevant products from other companies, you enhance the content of your web site. When the sales occur through your links, you'll receive a percentage of the sales value.

If the company you're affiliated with offers a lifetime arrangement, they may also offer the possibility to earn income from future purchases of "your" customers. If you promote a product or service which require a renewal, for example web hosting, you'll make residual income from your customers renewal fees, as long as they stay customers of your affiliate merchant.

Once you master your first affiliation, it's time to add another, this way you diversify your incomes, which is a must, because all business have their ups and downs, as well as seasons.

Next stream of income will be to open up your site for advertisement. All the big three search engines, Google, Yahoo and MSN have their own advertising network, you can choose to participate in one or all three. To use one or all of them is a no brainer, because it's an automated income that require nothing more than the initial set up.

Another possibility is to create and sell your own E-book. If you generate an E-book, you can sell it directly without sharing the profit. If your E-book is of high quality, you can create your own affiliate program. Get affiliates to promote and sell it for you, They do the work and you split the profit with them.

How To Get Started With Your new Business?

Today it's very easy to build a web site. However, you'll need some information and knowledge to be able to build a web site that actually works. You need to bring your expertise and determination, as informative and useful content is the basis for a profitable web business.

You don't have to worry about the technical stuff, if you choose a web hosting package that will have it sorted for you. Even so, this is not an easy road, and is definitely not something that will make you rich quick. It's an achievable path to accomplish your goals, you just need to be persistent and believe in yourself and your business.