Today I want to briefly talk about the kind of mentality you’re going to need to generate proper passive income ideas. You see making some quick cash and making residual cash online are two different ballgames. If you really are serious about making online passive income then you need to start thinking strategically and long term. You also need to think about how business systems work and start setting them up.

Let’s go over a few of the short term and non-residual ways that people make money online. You can design and develop websites for a fee. You can sell domain names for a profit. You can sell your copywriting skills to people if you’re a good writer. The list can and does go on and on but what I want you to realize here is that none of these are actually passive income models of doing business.

The above mentioned are actually all work at home ways of doing business but basically you don’t work for a day then that day you don’t get pay. Passive online income is all about setting up businesses and systems that work for you and make you the dough while you’re doing what you want and need to be doing. I want you folks to make sure you understand that fundamental difference when you’re getting into this game so you know exactly what it is that you are going after.

Now let’s talk about residual income ideas that are more long term and start to work on their own to earn you money. You have websites that sell a product automatically without you being there, websites that have advertising that runs with our without you being there, and more. Most of these websites take time for you to set up but once you are set up you can pretty much let them run with low maintenance or by hiring someone to do the work for you.

So the lesson I want you to take away from today is to actually think about the endeavors you are going after before you start them. Yes I agree we all need to make money today to pay our bills, feed our families, etc and that’s fine. But if you do actually want to earn residual online income then make sure you are developing a system that will do that for you as you go along and build up your business.

Let’s all admit that these days it seems that everyone and their great aunt is trying to build online passive income. Currently out there in the marketplace there are so many people that preach about how they will teach you how to build a passive income source whether it be in real estate, MLM (multi level marketing), or through the web. They all speak about how easy it is and how fast you will start to earn this residual income on autopilot. I don’t know about you but I’ve tried many of those $47 or 97 dollar courses and while they may have taught me a thing or two about passive income generation they sure didn’t make me $10, 000 dollars a month, while I sit in Mexico on the beach and check my emails.

The fact of the matter is when it comes to making online passive income like any other solid business opportunity that is worthwhile it will take some solid work, determination, skills, a bit of money, and more. I think that we need to agree on something right now, there is no magic eBook, course, or CD that you pay less then a hundred dollars for and within a month you’re making thousands of dollars through your new online passive income sources. Sure it can happen if you work hard at in and become very knowledgeable in the areas that you’re pursuing but there is no magic residual income pill that makes this all easy. For those of you who think this game is easy I don’t want to be rude but kindly leave this website and go buy a $47 dollar eBook somewhere. Just go to Google or Yahoo, type in “make residual income” and you’ll find thousands of gurus web pages set up to take your money while they make a nice passive income off you

So here it is, time to give it to you with no gimmicks. If you actually want to make a real online passive income then get ready to put in some really solid time into learning all about the options out there, implementing them, and then working on them until you see results. I guess you could call this characteristic dedication. You need to decide now how serious you are about setting up a residual income opportunity on the Internet. After that you will set up a plan and just start working towards it.

This blog is here to help you on your journey. I am also going to be personally available to you as a private coach and mentor as well as just someone who is here to recommend steps you can take and help you out along your way to setting up and achieving a decent online passive income.