Friday, August 1, 2008

How to Generate Residual Income Online

Interested in Residual Income? $100 per week? No problem.
Utilizing the internet to generate a constant residual income is very simple and requires No technical skills, No start up money, No credit card, No social security number, and No commitments.



How do I make the cold hard cash?
Easy. Many survey panels such as SurveySavvywill give you a personal referral link you can post in different places. When someone clicks the link, and signs up, you earn money when ever they complete surveys. Generally, you earn $2 for every survey a referral completes and $1 for every survey their referral completes. You can request a check when ever you like.



How much will I make?
This totally depends on your number of
referrals. 10 first level active referrals could easily earn you over $100 per week (scroll down for the math). The number of referrals you can get is limitless. Think of how much you could earn with 50+ referrals!



What is the best way to get referrals?
  1. E-mail your referral link to all your friends who may be interested.
  2. Post your referral link in different places. Forums, and other open sites such as Yahoo Answers are great.
  3. Create a free Blog on Blogger with tips and strategies on how to make money with SurveySavvy. Be sure to include your referral link. If you post enough links to your blog, on other sites, it will be indexed with major search engines and you will gain traffic!
  4. Promote your blog or referral link with business cards or flyer's.
  5. Be Creative! There are no set rules.

What about completing surveys myself?
I highly recommend doing this if you have any extra time. They payment is top notch with SurveySavvy. You can earn between $1 and $75 for one completed survey. They do not send tons of surveys, so you should definitely try all of them. Scroll down for Strategy on optimizing your time while taking surveys.

Where do I start?

Create a free account with
SurveySavvy (12 minutes). Send your referral link to everyone you know (3 minutes). Get cash when your referrals complete surveys! It's really that easy. Check out the rest of this page for additional pointers.



Tuesday, July 29, 2008

Lets do the Math

let’s do the math for a one week period. Say you complete 3 surveys paying $7 each, and taking 20 minutes of your time. That’s $21 for 60 minutes of work. Now let’s say you have 10 active referrals. Generally, you earn about $2 for every survey a referral completes and $1 for every survey their referral completes. Now, if each of your 10 referrals completes only 2 surveys, you have made another $40 for no work! Furthermore, lets say each of your referrals gets about 5 active referrals. Now you have 50 referrals’ referrals. If each of these people complete only one survey you have an additional $50. With this the case, your have earned $21+$40+$50 = $111 total, for 1 hour of work during 1 week. Keep in mind this is not free money as you have to invest a couple of hours signing up and getting those 10 active referrals.

Click here to Join!


Concluding Advise
Take all of the paid surveys that SurveySavvy sends your way. The payment is top notch, and since they do not send many invitations, you should take advantage of all the invitations they send. Again, be sure to complete the portraits in the member's area, as this will increase the number of survey invitations as well. Also, be sure to take advantage of their referral program if you have friends that may be interested in taking online paid surveys.

$ $ $ $ $ $ $ -STRATEGY- $ $ $ $ $ $ $ $
  1. In order to qualify for a survey you must meet their target demographic. A common target demographic would be a fairly educated adult homeowner with kids and a Tech/Computer related job… Remember, honesty is important to this company as they are looking for accurate information.
  2. Be consistent with your answers. Do not say you are 33 when registering and 20 when completing a survey. Any inconsistent facts about you will lead to disqualification from a survey (loss of time and money).
  3. At first, surveys will be sent to you conservatively and only pay around$2 for 20 a minute survey. This is because they want dedicated and established members who they can trust. Stick with it and surveys will start coming more often with increasing value. The maximum payout for a survey is $75.
  4. Once you register it is critical to carefully complete Your PortraitThis is a group of unpaid preliminary surveys that take around an hour to complete. However if you are serious about getting surveys that actually pay, this is where the strategy comes into play. Remember CONSISTENCY with your registration questions!
  5. When completing Your Portrait, be liberal when answering the questions about products that you own ;-). Many surveys are sent out about products.
  6. Once established with the site, most surveys that you qualify for will pay you between $5 and $75, and take about 20-60 minutes.(Remember to stick with it in order to rise above the $2 Surveys)

Monday, July 28, 2008

Staying Safe While Making Online Money

If you are interested in making money online, you need to be careful.
Many sites are built to look legitimate but are really only looking for account numbers. This is considered "phishing". Below are some tips on how to avoid getting 'Hooked'.
  1. NEVER pay for a chance to work.
  2. NEVER reply to spam.
  3. Check to see if the site is apart of the BBB online.
  4. Any grammatical error is a red flag for fraud.
  5. Never give any account numbers or your SS number.
  6. A legitimate company will always pay by check.