A lot of people would take that $1,300 a month -- that’s a mortgage payment you know. And that’s
just one little thing I do. In fact that’s something that I spend about zero hours a month thinking
about or maintaining or on management, so as far as I’m concerned that’s free money.
Exactly, because you’ve set it all up.
Yes, because it’s all set up. I’m serious -- I spend literally zero hours thinking about it because the
links just sit there. Everybody who buys
OptIn Lightning
-- we actually developed the software to be
compatible with
Host4Profit
servers so we recommend the service and people say "Okay, I don’t
have a host, I’m going to go ahead and get
Host4Profit
-- if I refer 3 people the hosting’s free ... I get
$10 a month per referral, so why not.". So I go ahead and recommend it.
And some people stay. Some people get a little more traffic than other people, and they refer their
three, and they’re on the network for life.
And I think the offer’s become even stronger recently because they’ve also added
autoresponders.
Now Louis, you’ve got to keep in mind this $1,300 a month, just do the math ... that’s $50,000 in a
four year period. So if you do the math it really adds up over time. A lot of people don’t think about
it that way.
You see that’s a problem -- people just don’t know how to do the math’s in their heads to get rich on
the internet. If you really look at the numbers and look at them in the long term aspect.
$500 a month doesn’t sound like a lot, but what if it’s rock-solid residual income. And it comes in for
ten years ... what is that. It’s like $50,000.
You find 20 programs like that -- that’s a million dollars over a ten year period that you didn’t have.
That’s true.
It’s definitely not my idea but something which I’ve found really useful is deciding what you
want and then working backwards just with the math’s.
Like if you want to earn for example $10,000 a month ... actually a very simple example I gave
is -- let’s say $100,000 a year, you create a product which easily sells for $100 then you’ve got
a year to sell a thousand copies. So work out how you’re going to do it that way.
Exactly. Actually there’s three types of residual income ... and I haven’t really tapped into the other
two yet. There’s residual income from membership sites, there’s residual income from promoting
affiliate programs ... this is Brian’s definition of residual income, okay. This is probably totally
different to what you see in the books. Actually there’s four...
The third type of residual income is selling regular products. Now people don’t call that residual but I
call it residual because if you have a predictable amount of traffic you can predict, within a relatively
decent range how many sales you’re going to get.
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