How to Earn a Residual Income (6 Steps)

Decide what you can invest in order to achieve additional income. Unlike wages, residual income normally requires output including venture capital. Common venues to earn income that require an initial investment include rental properties, interest and dividends.
Know what your strengths are. Sales skills are helpful in commission and tier based businesses, research skills are valuable when providing people with information, computer skills can be used to develop either hardware or software and creative types can create advertising to earn residual income.
Get to know other business owners. The more people you know, the more you can help them out with referrals. These people need customers and are willing to pay for them. Simply by word of mouth you can create commissions.
Build a site based on your knowledge and interests. Chances are if you are interested in something, others are too, and if you have a vast knowledge base to back that up, that's the prime situation for building a site for others to join and use that knowledge.
Take garage sales to the next level. Sell your own things, but offer to sell things for others for a fee. Or sell other's services to people. You become the middle man and charge the service provider one fee while charging customers another, all without having to actually provide the service.
Look for resources that may be untapped, like oil or minerals that can be harvested from your land to earn residual income. Make sure that you own the land rights before giving anyone permission to drill.
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How to Earn Ranks in the Military (4 Steps)

Ask your commanding officer what the 'zone' requirements are. These have to do with the amount of time in the military required for promotion. One of the ways to earn rank is to be recommended by your supervisor to a promotion board. Your chances of getting a recommendation are increased by doing well on your appointed tasks, volunteering for special duties, getting good test scores and having a solid and consistent physical record. Promotion boards take into consideration how well you complete your assignments. Perform exceptionally and you will have a better chance of earning a higher rank when the time comes.
Put your time in. Many of the promotions to a higher rank are based on the time you have spent in the military. Eighteen months is the minimum time required by law before you can gain your first promotion if you hold the rank of ensign or second lieutenant. An officer who holds the rank of first lieutenant has to have served for at least two years. If you hold the position of captain, major or lieutenant colonel in the Army, Marines or Air Force you will need to have served in that position for at least three years. Also the grade of lieutenant, lieutenant commander or commander in the Navy requires at least three years in that grade. If you hold the grade of colonel or brigadier general or captain or rear admiral in the Navy, you must have served at least one year at this rank before you're eligible for promotion.
Get a college degree. You will automatically earn a higher rank than an enlisted recruit and will enter as an officer. You can apply for the ROTC program and have your education paid for by agreeing to enlist in the military when you graduate. If you plan to reach the level of warrant officer you will need special training, such as that offered at Officer Candidate School (OCS) or Officer Training School (OTS). Those accepted into these programs need to have an excellent academic record, recommendations from teachers and above average college aptitude test scores, and must pass a physical exam.
Choose the right branch. Although all the branches of the military will offer accelerated advancement if you have a college degree, the different branches offer advancement for different criteria. For example, the Army offers accelerated promotion to enlistees with certain skills or job training that were acquired as a civilian. The Navy offers accelerated rank for participation in certain enlistment programs. The Air Force is the only branch that offers accelerated promotion to enlistees of six years. You are also eligible for promotion if you were a boy or girl scout and refer friends to join.
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