Residual Income Formula

by Rob Fore

Are you serious about finding a proven residual income formula that works?

What would it mean to you and your family if you started each month off with an extra $3,000… $5,000… or $10,000 in your bank account?

  • Would it take the pressure off?
  • Would your future look brighter?
  • Does it sound like creating  passive income is a good idea?

Then let’s make it happen because as you are about to discover may surprise… even shock you.. at how easy it really can be to embrace a residual income model that works.

What is a Residual Income Formula?

According to Wikipedia:

Passive income is an income received on a regular basis, with little effort required to maintain it.

So let’s translate that now into a workable residual income formula you can use to start making a nice passive income.

But before we get started, do me a favor and reread that definition again very closely.

Notice it says, “… with little effort required to maintain it.”

It does not say… “building up a passive income is easy… simply… fast… a get rich quick deal… or even that requires very little effort to set up and establish”.

It says it requires very little effort to maintain the income – and it makes no mention whatsoever about the time, effort, energy or investment required to set up and establish the residual income formula in the first place.

So that is what we are going to talk about and take a look at here.

Proven Residual Income Formula

Since 1997, Lisa and I have build four six-figure (even multiple six-figure) businesses using a step-by-step internet-based residual income model.

It goes something like this:

  • Have a product to sell
  • Determine who is looking to buy that product
  • Research how they are shopping when in the market for the product
  • Write content guiding them to buy from you
  • Promote the content so it can be easily found

14 months ago we joined a new affiliate marketing program that pays a solid 30-45% monthly residual income called MLSP.

The product they offer includes both a website people can use to generate business opportunity seeker leads and hundreds of hours of internet marketing, affiliate marketing and network marketing training.

The most likely person (think target market) to be interested in joining MLSP is anyone attempting to build a network marketing  business.

Knowing this, we use keyword research tools to help us determine exactly how these “frustrated networkers” shop when searching the internet for a solution to help take their business to the next level. This is step three of our residual income model.

Then we write content that offers MLSP as a solution to their challenges, publish that content online (like here on this blog) and promote the content to rank well on the search engines so it can easily be found.

Result? Take a look at this:

Residual Income Formula

Residual Income Formula Results

Residual Income Formula Results

14 months… and over 300 blog posts later… and we’ve earned a total of $56,824.83. Which is a pretty good result, if you think about it.

But what you don’t see is…

  • It took 2-3 hours per blog post to research the topic, write the article, publish it and promote it.
  • We often worked late into the night just to LEARN how to blog and effectively promote the blog.
  • We spend hundreds, even thousands of dollars in tools and training to make this happen.

But today… even if we were to never do another blog post… because we invested the time, effort and money upfront to set up our “residual income formula” – we average over 1,000 visitors per day to our blog. 30-50 people per day optin to learn more and we’ll make 1-2 new sales PER DAY… which adds another few dollars to our monthly income.

So today we average over $5,000 PER MONTH in passive residual income “…with little effort required to maintain it.”

Residual Income Formula Magic

But wait. There’s more!

Because we “paid the price” and worked our fingers to the bone over the past year… we have been able to generate over 9,000 leads.

In other words, we’ve added over 9,000 people to our email list and have maintained a relationship with these people over time.

45 days ago we joined another affiliate program only this one pays 100% commissions and the best target market is ANYONE who might be interested in learning how to make money online, make money blogging or make money in affiliate marketing.

Anyone.

Me, you and the guy next door.

So to promote the program we SIMPLY SENT A COUPLE EMAILS to our list…

residual income model

Residual Income Model Results

Notice how it was much easier and much faster to produce this $11,300 residual income model result than it was to produce the first income stream.

Why? Because we had already paid the price to establish the first model – which helped us create a list – and as you may have heard: “The Big Money is in Your List.”

So here is the bottom line…

If you are serious about getting started on creating your own residual income formula – I would highly recommend you check out this new 100% Commission Program because it rocks.

Plain and simple.

And even more important – it will reduce the time, money and effort it take to produce a magnificent result dramatically.

Bless and be blessed,

Rob Fore

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{ 30 comments… read them below or add one }

Dr. Spencer Rollins December 15, 2011 at 2:59 pm

Love it Rob. You have a real knack for explaining these concepts so anyone can understand. You have paid the price and it shows in your results. If anyone will put in a little consistent effort each day, and follow your step by step formula, I see no reason why they can’t achieve similar results… especially using a 100% commission model like the Empower Network. Thanks for all you do!

Reply

Rob Fore December 15, 2011 at 3:45 pm

Dr. Spencer! Hey, thanks for stopping by. It’s nice to hear from you. But, yeah, it really is a matter of find a “formula” or a “system” and then working the system. We can now literally pick ANY PRODUCT… set up a blog and follow the system to produce a result. And I kNOW we would produce the result because they system has proven itself again and again and again. So is it worth the time and effort to learn a proven system? I think so…

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Lee December 15, 2011 at 3:10 pm

Awesome post Rob. People see the traffic, leads, cash, etc…but they don’t see how much work it ACTUALLY takes to get those results. NOTHING in business is “easy” and people need to stop chasing the “quick-fix-rich” deals and GET TO WORK!!! If everything was easy, EVERYONE would be millionaires!! Again, thanks for sharing Rob!

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Rob Fore December 15, 2011 at 3:47 pm

Lee – Oh, man… I could not agree with you more. I’ve searched high and low for years for the “easy” quick-fix deal and to my knowledge it simply does not exist. At least in the beginning. Especially online because there is a learning curve and there are tools we need to invest in and learn how to use. It take time and a massive effort. Like the slow, hard, arduous climb to the top of a roller coaster ride. But once you put in that initial effort – the fun begines.

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Steph Perez December 15, 2011 at 3:15 pm

I honestly LOVE how to laid out your steps and how the income with EN was easier because you had already laid the ground work by blogging daily and learning how to build a list! The power is truly in the list! I appreciate this post so very much!

Steph Perez

Reply

Rob Fore December 15, 2011 at 3:49 pm

Steph – it is so true…

The power is truly in the list!

Offering a great product or service up front is powerful and learning how to drive targeted traffic to your offers is critical – but building a responsive list is most profitable in the long run. So with that in mind, “May a full autoresponder bless you and yours here in the very near future.” LOL

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Rick Roberts December 15, 2011 at 3:58 pm

I’m just getting started with both MLSP and Empower Network and so far I love both of them. While I’ve just been an MLSP member for barely a month I’ve managed to get 55 leads so far with their system. So I know the system does work. I just have to stick out and I’m sure I’ll see success with both systems.

Take care
–Rick

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Rob Fore December 15, 2011 at 4:18 pm

Wow, Rick! Your rockin’ it!! So here’s the kicker. So far you have pulled in 55 leads and you just got started. So if you continue to do the work that produced those initial results… if you simply continue to take consistent action over an extended period of time… then you WILL HAVE CREATED a passive income, autopilot lead generation system. Once you get in the “past tense” then that’s when it see the magic of “it takes little effort to maintain”.

Great work, and thank you for sharing your success here with us. I love it…

Reply

Anthony (Tony) Fox December 15, 2011 at 3:58 pm

Rob,
Great post! Most people don’t see or understand the real work it takes to get started in this business. It can be very painful at times until you finally figure some part out and pat yourself on the back.
Until one goes through this entail work, they have no idea. There are no one click millionaires anywhere.
Look forward to more insight into your knowledge.
One grateful guy, Thanks Rob

Merry Christmas,
Anthony Fox

Reply

Rob Fore December 15, 2011 at 4:14 pm

Tony – Merry Christmas to you and yours as well.

One-Click Millionaires. Jeez, it ONLY that were even a remote possibility! I would be all over it in a heart beat.

Thank you for all of who you are and all of what you share. Truly inspiring.

Reply

Pat McKeon December 15, 2011 at 4:54 pm

Hey Rob,
this is such a great post, showing how
working your butt off for a year or 2
does provide a HUGE LIST & A Great
Residual Income!! Congratulations!!
and Happy Happy Holiday to you and your family!!

Pat

Reply

Rob Fore December 15, 2011 at 4:56 pm

Hi Pat – yeah, that pretty much sums it up. Every business I know of… both online and offline… takes a good year or two in order to become profitable. Some take many more. So there are no shortcuts really. Just get in, roll up your sleeves and get to work. We have to work ANYWAY… so why not work towards creating a nice residual income?

Reply

Bob Steele December 15, 2011 at 5:34 pm

Anyone reading this blog and comments should really pay close attention to what Rob is telling you here! It’s pure GOLD !
I have a small time affiliate gig, I’ve been ‘milking’ for years. I say small time because I haven’t worked it for over two years. I say milking because it just keeps pumping money into PayPal each and every month.
As Rob is describing…get those article out there and they will keep working and working. Mine are working on a free blog, paid for by Google.
Lately, I have been using that [extra] residual income to finance my ventures into MLSP and Empower Network. Fact is, I had enough show up today to upgrade in my EN opportunity.
Point being, listen carefully to what Rob is telling us. It’s pure gold and really does work. I can testify to that.
“May a full autoresponder bless you and yours here in the near future” Well Rob, what a wonderful blessing to wish on any internet marketer. I love it!

Reply

Rob Fore December 15, 2011 at 5:47 pm

Bob, isn’t it great? Like you, I have pages or posts that have been pulling in little $10 bills almost daily for over five years. Once you get content to rank and you’ve tweaked the copy to produce a result – it is like having a ton of internet-based vending machines out there. Gotta love it…

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Bob Steele December 15, 2011 at 7:27 pm

I’m not going to “let the cat out of the bag” here, but Rob, you just gave me a great idea/angle on something. Thanks for the tip! I don’t care what David & David say…you’re an ok guy! LoL

Ciddy December 15, 2011 at 6:06 pm

Wow!!! this is awesome. As a newbie I am encouraged to read all these positive comments. Rob thank you for sharing your blog and the information is enriching. Trust me I am willing and prepared to work my butt off. The key is ‘building the list”, I got it. It’s a proven system that has worked over and over. I know it will work for me if I do the right thing. Merry Christmas to Rob and your wonderful family that allows you to share the wisdom and knowledge that you have with us. You are a blessing.

Reply

Rob Fore December 15, 2011 at 7:26 pm

Thank you for the holiday wishes, Ciddy. May you and your family be wonderfully blessed and enriched as well. The GREAT thing about what we have going here is a team or a community of people who “care enough to care” so while we do make ourselves available to offer a hand out to those that honestly need it, we tend to offer a hand up to those who reach out and take it.

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Sonny Lanorias December 15, 2011 at 7:00 pm

Hi Rob,

Congrats on your success! Empower Network is really the way to go and yes it reduces the time and effort to make the money that you want online and it targets anyone interested to make money online, through blogging and affiliate marketing. Keep up the good work and thanks for your leadership. Thanks again for sharing this awesome article.

-Sonny

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Rob Fore December 15, 2011 at 7:29 pm

Sonny – you are a RockStar! And congrats on being named one of the “Top 50 MLM Blogs” on planet earth! It’s been a fun, crazy, wild ride this past year… hasn’t it?

Reply

Dr. Jerry Hoskin December 15, 2011 at 8:42 pm

Another great post! Thanks for sharing these solid thoughts and tips. You make work look like child’s play. By your example I now see tasks that six months ago seemed impossible and now feel easy to accomplish. Many steps to go but with your leadership and great systems like HHU, MLSP and Empower Network I am prepared to astound myself. Working my butt off was the easy part…working the way in the right direction is the pay-off. Thanks for your leadership and honesty. Bless you and your family this holiday.

Reply

Rob Fore December 16, 2011 at 3:04 pm

Jerry – yeah, it’s been fun to watch you go from the “glassy-eyed” stare to seeing the light bulbs come on. If you think back to where you started… most amazing progress. Congrats!

Reply

Amy Starr Allen December 15, 2011 at 10:00 pm

Great post, Rob. I love your technique using the tools and spinners, etc. Quick question for you… do you outsource the spinning end of things or do it yourself? I’m wondering if I would be better off focusing on content creation and outsourcing the time consuming technical stuff? Or do you think ir would be best to purchase the tools and do it all myself for now? Just curious. :)

Happy holidays!

xo-A

Reply

Rob Fore December 16, 2011 at 3:03 pm

Depends, Amy. Most of the time I do the spinning myself using automated programs so it doesn’t take much time. However, depending on the “tool” we use to get backlinks – sometimes the copy has to be 100% readable so in that case I do tend out outsource the work because I don’t have time now to do it myself. I think in the beginning everyone should buy the tools and learn how to use them so you can, later, outsource the work and be able to pass your “process” to the outsource team.

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Ted Ross Jr December 15, 2011 at 10:32 pm

Hi Rob,

Hope all is well. Just, a quick message to say, I have ready enjoyed your teachings. I’m new to the MLM industry, but at this point in my life this is where I’m suppose to be. I have a primary company, but also would love the opportunity to be mentored by you. I have leadership qualities and many years of sales, as my back ground.
For the last few months, I have taken your advice and have been studying the personalities of the leaders in MLSP. Your mentorship can take me very far in this busines, I would love to have the opportunity to speak with you. Will talk soon, thanks in advance for your time.

Ted

Reply

Rob Fore December 16, 2011 at 3:01 pm

Hey Ted – thanks for stopping by. Still doing real estate? I just you an email. Let’s connect and make things happen.

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Andrew Zharikov December 16, 2011 at 4:03 am

Rob is The Rock! ))) Thank you for sharing you wisdom and expertise with us! I especially eppreciate your efforts to remove any roadblock from a way of your team members by making big part of the work is done for us! I’m not a native English speaker, so writing my own content in English is not a “peece of kake” at all! )))) But with your help now I’m able to do that. )) I just have to follow your formula – create content – promote it – get money! )))

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Anton Amoto December 16, 2011 at 9:09 pm

Rob is the man. This is awesome blog post with “residual income formula” keyword that ranked #9 in Google search result as of today on my end. SEO is the key in this kind of success. Thanks for sharing.

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Rob Fore December 16, 2011 at 10:41 pm

SEO is a nice long-term residual traffic type of model. Get your content to rank, produce lots of content – and simply convert the traffic to sale. Doesn’t get much easier than that.

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Viola Tam January 1, 2012 at 10:37 pm

Hi, Rob,

Thank you so much for writing this Success Formula. I can see how a sought after solution can assist many network marketers grow their business…. and gets you the residual income.

I am a newbie to MLSP. I appreciate your sharing and encouraging words.

Viola Tam

Reply

Rob Fore January 2, 2012 at 7:56 am

Awesome, Viola. Welcome to MLSP. Now go out there and conquer the world!

Reply

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