Make Money Even While I'm Not There....

Today's post is quite simple in nature yet sometimes difficult to explain. Other words that have been used to describe this phenomena are; residual, royalty, etc. Well, I have actually found a way through this little blog of mine to create some residual income:

Google Adsense

This is a nifty program that Google has created that allows me to have advertisements come up on my blog that are relevant to the content that I am posting. For example if I create a post talking about my Nokia 6620, or my 60gb ipod photo, alongside the post would be ads that are specific to those products. So I thought - what the heck - I'll give it a try!! So far, it's been working great. I'm still trying to find the best spot for these ads so they aren't to obtrusive but are still useful to myself and my readers.

As for the concept of residual income - it's what all the wealthy people in the world live off of. For example: Ray Kroc's family lives off the residual that he created by creating the industry of Franchising (through the Mcdonald's restaurant.) Mr. Kroc received a small portion of profit from each store, and he didn't even have to work in the store to receive the money.

Imagine that - doing the work once (i.e. inserting the Google Adsense into my blog) and getting paid long after the effort was made.

Cool concept eh?

Cblog