A passive income, also known as a residual income, is income generated without having to work on that income source continuously. It normally involves a one time selling and getting paid for that sale continually. A classic example is having a property for rent. You rent it out once and get paid month after month without lifting a finger. Now, with the convenience of the internet, opportunities of generating passive residual income is greatly enhanced.

You see, online passive income opportunities is endless. Hosting companies, autoreponder service providers, private clubs and membership sites are among the online passive income businesses I love to promote. Passive income can also be generated by creating your own products. This can be any product or service that is subscription based.

Network Marketing online is another top residual income resource. The internet has revolutionized the network marketing business. You don't have to meet your potential customers or downlines if you don't want to because these can be done online through email marketing. More often than not you will not be meeting them. This is true because you will be selling and recuiting all around the world with the internet.

I am often taken aback to how people react to these two words. It's like a curse or the sort. "Oh no stay away from those network marketing companies, they are illegal, they all scams to steal your money". Sounds familiar? Well, I can't really blame them especially with scams spreading like wild fire online today. That's the reason why you must carry out research before getting involved in any network marketing company. It will be worth your while because once your business starts growing, your passive income stream will become a river and when that happens you can't stop it from flowing even if you want to.

One passive income opportunity you do not want to miss is affiliate programs. This is a great way for newbies to start an online business and earning passive income. One of the advantages with affiliate programs is you do away with customer service. It's taken care of by the affiliate program manager. You don't even need a ware house to store your goods to name a few.

Learn SEO and keyword research to get long-term free traffic through organic searches. Always promote your own site first, that's the secret to successful affiliate marketing. All superaffiliates do that. Then, market the affiliate products or services on your site and not the other way around. By so doing, you can just add new products to your site to be promoted with immediate effect since you've already got traffic coming it.

Work smart and make money the easy way. Apply the online passive income principles to save you time and money. Making money with passive income business opportunities online is fast becoming the alternative to conventional 9 to 5 jobs. Don't miss the boat. Take action now.