Is $5000 in Residual Income Possible? – Blogs Renting

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When setting up a business for your offline consulting, it is important to remind yourself not to work yourself to death.

Many small business offline consultants that I know are working 12 to 18 hours a day to fulfill orders. They range from designing blogs to building backlinks for their customers’ blogs. For every project that they have completed, they take on another way and continue working to help their customers.

There is nothing wrong with this system, only if you really working and would rather spend time working than travelling or doing other things you enjoy more.

In today’s blog post, I would like to share with you a business system which can bring you passive income every month without you doing much work.

Well, perhaps you need to oversee the system and tweak it to be more efficient so you have even lesser work.

In the offline consulting niche, one has to understand that the purpose is to meet the need of your customers who are the business owners. Let’s narrow down and I personally prefer to work with small business owners mainly for these two reasons.

– Small business owners are either a one-man team or has a few staff and they can make decisions faster.
– Small business owners have many many tasks to handle daily and they are always more than delighted to have you coming in to help them and most of them really appreciate your help.

One of the needs of a small business owners is tight budget and they lack IT expertise. Even if they know how to set up a blog or site, they will not have time to do it because they have other prioritites such as fulfilling orders for their own customers.

So, imagine this, what if you can provide a service like this
– ready made site with ready content
– all you need to do is to change the contact to that of your customer
– you can help upload the images for your customers
– your customer can rent your blog and decide after a few months if having online presence works for him.

In my coaching, I have taught my student this method and he ended up making US$8000 in residual monthly income within 30 days. So anyone can easily do it, including you.

So what should you prepare now, even if you want to test it just for the next 30 days.

Remember now is the testing phase and you got to keep your cost low.

You need to have a reliable hosting such as Hostgator. Use the coupon code “1centoffernow” to try it for just one cent for the next 30 days.

Next, you can use free WordPress themes. There are tons of them. All you need to do is to Google “cake + free wordpress themes” if you are targeting home bakers. If you are targeting dentists, Google “dentist + free wordpress themes”.

Set up a blog and add about 2 to 3 pages so that there is content on your blog.
If you want to add more pictures, use stock free images.

Now, let’s work out the Maths.

Renting a blog at $100/ month with all the following services
– changing of contacts
– adding customer’s content such as text and images

To make $5000 a month, all you need to find 50 customers.

Here are some places you can find customers
– Yellow Pages
– Chamber of Commerce
– Groupon
– Business Directories

Next, changing contacts and uploading content are considered as eazy low level jobs and you can hire
a part time freelancer at about $400/ month to do it for you.

So you will still have $4600 passive month every month and there is no need for you to do much work.

Feel free to share with me your thoughts by leaving your comment below.