Generate Residual Income Developing Domain Names
Residual Income. Everyone wants to learn how to generate residual income, especially if it can be earned as passive income as well.
In fact, that’s exactly what I focus on, what I call ‘front loading’ efforts developing domain names so they passively generate residual income for me.
Sounds hard right? Nope. A matter of fact it’s a beautiful Sunday here in NYC and I’m ‘working’ on this blog and other sites sitting in the backyard watching the kids swim.
In fact I often am creating content for client sites or domains I am developing sitting at the beach with friends, during times when I have to commute, or when I am winding down in the evening. Content creation and content optimization is a foundational tactic to developing high ranking websites and I believe everyone has the ability to find an hour a day to do so.
Domain Name Development
Domain name development is an amazing way to generate residual income. After I develop my domains I find companies that are more than willing to pay hundreds of dollars per month to lease the domain names from me.
Here’s how you can start making residual income online.
Let’s say you want to generate an extra $1000 a month of residual income. My suggestion is that you focus on local companies that can benefit from high ranking domain names.
Before you go crazy and start registering thousands of domain names, like I have done in the past, focus on 1 or 2 service industries and you’ll quickly reach your 1k a month goal.
In fact with the right developed descriptive domain name(s) you can reach your 1k a month goal with as little as 1 client!
I have found it really easy to lease high ranking domain names for $250 a month, so at this rate you would only need to get 4 clients. Domain development is an amazing residual income opportunity and one that is easy to get started in, and can generate you some serious income online.
Domain Name Development Guide
So you want to start generating some residual income online developing domain names?
Here’s how to do it.
-Pick a service industry
-Focus on your local city or county
-Register the domain names
-Develop and rank the domains
-Find the BEST companies to lease the domain names to
-Repeat the process
Now there is a lot of strategy that goes into each step listed above, which I’m not going to get into all the detail in this post, but this is the outline to generate some serious income online.
I will be providing all of the detail on how I research, acquire and develop domain names and lease them to companies to generate some amazing residual income in the eBook I hope soon to release. In the meantime if you want to learn some more strategies on how you can create residual income developing domain names feel free to reach out to me, as I always look forward to sharing ideas and helping others find success online.