Well folks if you want to have yourself an online passive income generator then you’re going to need to pull your socks up and start developing websites, business ideas, and services that are worth while on the Internet. I truly believe that the days of people getting away with making income online without actually having something solid set up are limited and possibly coming to an end.

So what does this mean to you and me? Well basically if you follow SEO news at all you will have heard by now that recently Google released new search technology called Search Wiki. Check out the video at the end of this post to learn more. To put it simply though as time moves on users are going to have more and more power over search engine results and what actually comes up. What this means is that websites with no real content or service value will eventually get weeded out.

So for us this isn’t bad news, it just means that lazy people and people who can’t really add value to what is on the Internet will have a much harder time making a residual income online. So what do I recommend? I recommend that you start now. Build something that has value to your visitors whether it is a product, service, or even just a blog about a specific topic or field.

When you go after making an online passive income there is no doubt that you are going to start hearing the term contextual advertising a lot. If you already understand the meaning bear with me here as I explain it to some of you who are not yet familiar with this convenient and easy to implement residual income model of making money online.

Contextual advertising is advertising that is generated on a website based on the content of that website. For example if you go to a website about residual income like this one then the advertisements that are displayed will be related to making passive income. Are you with me yet? Don’t worry I’ll keep this going.

So there are companies that specialize or offer contextual advertising programs like Adsense by Google, APT from Yahoo , and Kontera just to name a few. I use and am familiar with Google Adsense but have not tried Yahoo APT or Kontera yet. I can say from experience that once you understand how to research keywords, build quality websites based on those keywords, and then drive targeted web traffic to your site you will be ready to start using contextual advertising and will be in a good position to make solid residual income online.

Remember once again as I always preach that for most people it is not easy to make online passive income but once you learn about some of the above steps of building solid websites that inform people and receive decent amounts of traffic you will be in a good position to try out this residual income model on the internet and see if it works for you.