₦airaland Forum

MMM nko? I always hear 'bout it

importexpert:
With the dwindling nature of the Nigerian economy, one will have no option than to shed tears for both the unemployed and under employed masses. instead of news of 20,000 5000 or 500 people being employed, the most common news these days are, either zenith bank sacking 1200 employees or first bank sacking 2400 employees or oil companies sacking 18500 people and so on. this series of downsizing by Nigerian companies is becoming too alarming and Nigerians need to embrace online alternatives for creating passive income.

Remember that the internet is like a vineyard where their is fruit for all. the more your contribution the better your fruit will be. In this article, the Nairaland community will discover 5 ways to build residual income on the internet. Residual or passive income is that income source that keeps paying you on a consistent basis with very minimal effort.

1. Affiliate Marketing

Affiliate marketing is an income sharing partnership between a merchant and an affiliate marketer. In this type of business, the affiliate marketer agrees to promote or sell the merchants products and a certain percentage is paid to the affiliate marketer in the form of commission. You can build residual income with affiliate marketing by promoting products that pays commission on a recurrent basis. There are so many affiliate networks around where you can easily find the right products to promote.

2. Network marketing

This type of business leverages on the power of people, imagine having a chain of people whose effort keeps paying you on a consistent basis. Network marketing is an efficient way to build residual income fast. Reason being that by having lots of people in your network that keeps duplicating your effort, it means your income source also multiplies as the number of people in your chain increases. The beauty of network marketing is that your income source will keep paying you for as long as there are people still working in your network. Lots of legitimate network marketing businesses abound online today, you only need to get on board and start building your own residual income streams.

3. Information marketing

Information marketing is the art of selling info products in the forms of eBooks, videos, audio, seminars etc. The key work here is selling solution laden products to people who need them. Man will continue to have problems in all facets of life. Hence, he will seek solutions to these problems. This is where the information marketer comes in, he sells the solution to people's problems. By continuously churning out valuable products, the information marketer is able to build passive income on the internet.

4. Blogging

You can build a continuous income source by becoming a blogger. Simply discussing about a popular topic has the potential of driving lots of traffic to the site, you can incorporate various sources of income to the site. As long as it is in an evergreen niche, people will keep visiting the content and the income streams will continue to generate passive revenue.

5. Mini-importation

This stream of income avails you the opportunity to provide a solution driven product that your customers have been wanting to have. you will keep having consistent follow of income if you continuously keep providing appropriate products that will satisfy the needs of your customers.

each of the above steps are deep rooted, you will need to embark on your personal research to succeed in any of them. you can feel free to ask all your questions in the comment section.

U didn't mention MMM

it's no 1

adebayor1490:
MMM nko? I always hear 'bout it

Him more sabi say that one Na no 1

supereagle:
Selling in Amazon from Outside USA is a goldmine

what local products can a nigerian sell there?

I really dont knw why u pple are so damn gullible. Do u honestly think the OP is making millions from mini-importation Obviously not. He is making millions of money from gullible Nigerians who buy his eBook. Just imagine if 200 of u buy his ebook bcoz his thread hit Frontpage, thats a kul 400K he has made wtout any stress or importing any thing. Nigerians are just too gullible.... Smmmmhhhhhh

madgoatt:
I

your names has said it all

oteneaaron:
OP you didn't mention the the Boss of all of them-- FREELANCING .... been a freelancer is the best online Business anyone can venture into. You sell you skills and get paid....


Nice Post though..

i tagged you here hoping you were going to say something-- https://www.nairaland.com/3335144/does-recession-benefit-nigerian-freelancers

does freelancing really pay that well?

efilefun:
You skipped freelancing where some people are making millions from and even employing people to "work" for them

do you make money from freelancing?

for all those guys showting mmm mmm it is as a result of your clouded knowledge of hyip and ponzee schemes their average life span is a period of 1yr 6months. as i talk to you mmm came to Nigeria 2015-10-28 and it is still less than a year. all such schemes that caused death and heart attacks all started by paying fine. yes it pays but believe me regret is the reward of those who have ears but choose not to listen to experts. A word is a enough for the wise

paulstrings:
Freelance...
Social Media Management and Online Reputation Management can fetch you serious income

social media management? How does that work?

ucsparks:
Surveys is another small income fetcher in developed countries,, but sadly its not available here in Nigeria

so what do you personally do to make money? Or you dont?

breadwinna:
Bro,honestly,i cant answer that question directly,but i know avoiding the highlighted part made a big change to my betting outcome.I am married with children,at times i will deliberately refuse to sleep with me wife 4 some weeks.Initially she did not like the idea not until she started seeing results.Now 4 example i got about 265k about a month ago,i removed 26.5k which is exactly the 10% and put it in an envelop and pay it as my tithe to my church,that same week,more than a 100k came to me from the same sport bet.I give out freely and God has been doing wonders. Pls note here that i dont have any reason to lie,the simple truth is what i have just stated.I dont know if this rules apply to me allow,i will urge u to try it 4 urself and wait for the outcome.

dude i have never played sports betting before, can you teach me? We can chat on whatsapp.

buzoo:
Allow me to take you by the hand and show me how to make extra income online using only your internet enabled Device. This will in no way interfere with your daily job @ all as you would only be required to log into your account once daily @ anytime of your choice to do certain tasks. These tasks will not take up to 10 mins. There are no hidden charges and this is not about selling e-books to anyone. I will give you all you need to earn in this biz and I will be more than willing to provide u with infallible proofs if you want just to show you that I earn from this biz myself and I am ready to show anyone how to do the same. If you are interested, call or whatsapp me on 08067801104.

so are you saying you wont sell anything to us?

ziego:
U didn't mention MMM
it's no 1

please what is mmm all about?

Flawlessangel:
does freelancing really pay that well?

Yes boss,it does.

oteneaaron:
Yes boss,it does.

are you into freelancing?

Flawlessangel:
so what do you personally do to make money? Or you dont?

am a student and a programmer who's into Android development. Thanks!!!

Flawlessangel:
are you into freelancing?

yes Bro, and i'm part of the Sourcegig.com team.

Sourcegig.com is a new Startup Freelance platform for Nigerians and Africans...promising Lower comissions and high payouts.

breadwinna:
Sport betting is another legal way to make extra income,but unfortunately,people seem to criticize it.I built my house with money i won from sport betting,and it is still paying my bills even now.Money from sport bet is like a free money placed somewhere and a Lion is asked to guide it.So u have to play cautiously to pick that money or u become a sweet food for the lion.Now from my experience so far,to win big in sport bet u must do some of the following.1.If u are man,avoid women,pornography,and Masturbation.2.U must learn how to GIVE out,render help when u have the opportunity .Follow these two rules and u r on ur way to winning big.

Is that your own commandments or betting commandments?? Lols, bro i will chat u up somehow so as to join dat bet stream of wealth o.

Naijageak:
nice post... I encourage networking because that's what is putting food on my table. but at the beginning it needs much courage. if you need to start something legitimate not those dollar wise z task rubbish.. something real. call or message me

Boss hopefully i will call or message u, preferably on whatsapp if ur on it.tnx

Those interested in affiliate marketing can check out this:
www.solidimeducation.com/

oteneaaron:
yes Bro, and i'm part of the Sourcegig.com team.

Sourcegig.com is a new Startup Freelance platform for Nigerians and Africans...promising Lower comissions and high payouts.

cool! So far so good, how much can one make from freelancing in say one month using sourcegig?

importexpert: 2. Network marketing
This type of business leverages on the power of people, imagine having a chain of people whose effort keeps paying you on a consistent basis. Network marketing is an efficient way to build residual income fast. Reason being that by having lots of people in your network that keeps duplicating your effort, it means your income source also multiplies as the number of people in your chain increases. The beauty of network marketing is that your income source will keep paying you for as long as there are people still working in your network. Lots of legitimate network marketing businesses abound online today, you only need to get on board and start building your own residual income streams.

Then why do the moderators easily remove posts that are networking programmes easily Can the admin give me a response?