Writing for residual income can be lucrative, but it is important to remember that it is not a get rich quick scheme.
Writing for residual income takes time and patience. Unlike writing assignments for upfront pay, getting paid a lot for your residuals can take months to a year. The average person takes at least a year to start seeing a large return on their residual articles.
Always write for more than one site, it is ideal to have multiple income streams coming incase a certain venture folds or changes their compensation structure.
Keep on Writing
You need to write in volume to make the most out of residual articles. You can not just put up two or three pieces and expect success. Top writers with residual earnings success have over 300 articles on one content site or personal blog.
Why Residuals are Good
Residuals are a good egg for freelance writers because they will allow you to take a “sick day” or “vacation day” and still have money coming. After a good year or two writing residuals, some writers came make $900 or more without lifting a finger.
Make sure that the topics of your articles have a long shelf-life. Not many people will care about Christmas 2011 during the Christmas season of 2013. Write articles that can be fresh now or a few years from now. Writing about topics such as health, savings and green living are popular topics. Write about topics that you are passionate about and your work will seem like play.