Creating Recurring Income with Membership Sites Using the Magazine Subscription Model

Real Fast Results, #43

I thought that we would talk about one of the ways, and I believe it’s the best way, online to get residual income.  Sometimes this is referred to as recurring income or passive income.  That’s money where you do the majority of the work upfront, and then you continue to get paid over and over again, without limit, just like a songwriter gets paid for writing a song.  They get the royalties, and they continue to come in over the years.

What I find with membership sites, on any topic, is that people tend to sign up and become a member. That’s kind of a big breakthrough, to understand that. They think that they want the information, but actually, what they really want is to interact with, connect with, share ideas with, ask for feedback from, ask questions of, and so on, among other people who are interested in the same topic.