What is one of the greatest types of money you will ever receive? Well to me, the greatest type of money is FREE MONEY. Even greater than free money is free money received via passive income strategies such as writing articles or creating cool videos. I’m going to share a secret on how you can get paid a residual recurring income for a one time effort.
Until a few weeks ago I had no idea that someone could get paid just for writing a few words about a particular topic. It is really amazing the things we take for granted when we don’t realize what is going on around us. Well, I’m very guilty of being one of those people. I pride myself on being in the know and knowing about anything and everything.
Unfortunately, I had no idea there was a thing called the Yahoo Contributor Network or that there was a way you could get paid to make a video, take some pictures, or write 400 words on a piece of paper…errr…well on a computer.
I got into the whole online money making thing in Nov of 2011 and I started doing a lot of research on the different strategies out there. it was through this research process that I found out about cashcrate, and bestmark, but also how I found out about Yahoo Contributor’s network which was formerly called associated content.
The way yahoo’s contributor’s network operates is quite simple. There are at least two ways that you can get paid for your efforts.
Yahoo Payment method 1
This is a one time payment where Yahoo will pay you to write an original article of 400 to 700 words, submit a video, or submit some other form of media like a picture gallery, etc.
You can select random topics or you can create your own and get to work. Once you are done you submit your product to Yahoo and they will review it and give you an answer within days. If they like what you did, you get paid around $30 or so. It is THAT simple.
Yahoo Payment method 2
This would be my favorite part since I love the idea of residual recurring income. With this payment method Yahoo will give you a fixed payment every time your article, video (or whatever it is you submitted) gets a certain amount of views.
As of November 2011 the required amount of views per payment was 1000 and then you got a payment of around $2.
This might seem like small change, but think of it this way, for something that took you 30 minutes or so to create you get an up front payment and you also get paid for the rest of your life. If you made a habit out of doing this and submitted several articles to yahoo every week….you could be looking at some serious residual income over a period of time.
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