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A-Z Blog Challenge: Day 19:Residual Income Ideas you can start this weekend.

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Posted by Cindy on April 19, 2013 at 5:43 am

RESIDUAL INCOME IDEAS YOU CAN START THIS WEEKEND.

Here’s a blog post that I wanted to share with you as some of your write back to say you need to get some cash flow coming in before you start and implement your own online business.
Instead of giving you homemade income ideas, I thought I will up the ante and give you a few ideas you can start this weekend that will bring in residual income that you can start from home with little to low -cost.

1 Start a home or office cleaning business on the side
What : You can start a home based cleaning company for homes or offices around your neighbourhood
What you need: Basic cleaning supplies, phone or Skype and a telephone list.
Where to get customers:
You can begin getting customers by calling your neighbourhood and posting flyers advertising your services. The most effective way is to go door-to-door to solicit for business. You can start a home based cleaning company for homes around your area very quickly. Another way is to insert flyers or promote with ads in community newspapers around your neigh hood.
If you are trying to start a cleaning business that serves the offices around your neighbourhood, you can simply call the office and ask for the person who is in-charge of hiring contractors for this service.
The way to get residual income from this service is to sell long term contracts of three month contracts, six month contracts and even an annual contract.

2 Start a window/car washing business

 

What: You will be washing windows or cars for others.

What you need: cleaning equipment for windows and cleaning and waxing equipment for cars. If you are cleaning external windows for buildings, you might also need to invest in a Gondola.

Where to get customers: This is a fast business that you can get started quite quickly. You can locate business or homes in your areas and ask them if they need their windows washed. You can offer a special low-cost one time service of $20 for window washing. While you are there, you can also help them clean up other areas such as the window ledge or maybe take out the trash on your way out. Thereafter, you can negotiate for a long time contract and encourage them to purchase 3 or 6 time window washing service. The same applies for car washing but you can negotiate with auto dealers to refer clients to you in exchange for a referral fee. Alternatively, you can offer these packages to auto dealers who can offer this as a gift for their clients who purchased cars from them.

3 Sell insurance online
This is an effective residual income opportunity for those who have the necessary knowledge or who are inclined to learn about the insurance industry. Most people now search for insurance plans online and this is an opportunity for you to promote insurance online.

 

What you will need: Content, lots of relevant content that is beneficial to readers. Online calculators and a website for customers to contact you. The best insurance to sell online include travel insurance, auto insurance as these are often renewed on an annual basis and some insurance companies offer you a residual sum for every policy that is renewed. So the longer you stay in this industry, the easy works gets as you progress.

Where to get customers: You can get customers through online content or do joint ventures with related websites such as travel websites.

4 Start a membership site

 

 

What: Start a membership site around your expertise or hobby.

What you will need: Membership site software.
If you have a particular expertise in a certain area, you can put your expertise in the forms of an ebook, videos and audios and put it in a membership site that is available for purchase through a subscription. I have seen others create membership site sin online marketing. You can check out one in which I have subscribed to that teaches you how to attract traffic to your website online. Online Traffic Academy.
Other hobby websites that do well include membership sites with information on taxidermy, scrapbooking etc.
I you already have a blog, here’s a simple way to turn your blog into a membership sites with this plugin called Magic Members. In includes data on your members subscription status and monthly reports you can view from the simple dashboard.

Magic Members | Turns WordPress Into A Membership Site

Tomorrow is Sunday and a break from the A-Z Challenge. See you on Monday.

To download more ideas on weekend or part time business, you can click here for more

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About A-Z Blogging Challenge.

In the month of April, I commit to posting a regular blog for my readers to help them with their affiliate marketing business. To find out more about the A-Z Challenge, click here

 

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