One way that you can create passive income and residual income is to create a “how to” manual or other document (even using public domain work) in PDF format that you can give away for free or place into a digital library or other free knowledge clearing house. It can even be a free gift placed in classified ads, or used as a lead magnet for email capture and followup. (list building)
This can have a variety of things embedded in it. It can have affiliate links that takes someone to an affiliate offer, like for a keyword tool, or web hosting, domain name registration services, an autoresponder (Getresponse or Aweber), or a syndication service – all useful and needed things for this business – that pays you a commission. It can take them to your website and hopefully get their email address for your list. One thing is that even if this document has been out there for awhile, if you keep the links active then you can possibly get a lot of mileage out of it, literally speaking. Another reason why having your own site in it is good is that you can control your own links better than someone else’s affiliate offer. The bottom line is that this can be a tool that builds your own business or brand and helps you (build an income working from home. )
It’s important to make the information inside the viral PDF of high quality and informative. It won’t get around virally if it’s crap. It doesn’t have to be a masterpiece like War and Peace, but it can’t be unintelligible garbage either. Make sure that it serves a need, fills in the blanks for whoever is reading it, contains enough information to be of the proper length, and fits the general description of an all-around quality piece of work.
You obviously have to state in it that it can be shared as long as nothing changes inside of it. There are authoring packages that can lock down the file from improper editing. Maybe you want to look into that to avoid plagiarism and someone from inserting their own links while passing off the work as their own.
You never know if the ebook will provide the kind of mileage that you hope to get from it, but it can be a valuable tool in your work from home arsenal. If you want to work from home from the computer, then this is a great example of what you could be putting on your website.
