Details are actually very important when looking for passive income streams to add to your portfolio. Many people look at the ‘big picture’ and that is all they seem to be concerned with. Certainly this a very important place as well as it may include your mid-range and long-term plans for the future.
However a good example of why details are important might be given with computer instructions. Say you have a list of steps that you need to go through to get somewhere in a program. 99% of the time if you miss a step nothing will look as it is described. It can be as simple as hitting a [carriage return] as part of a step. The point is you are stuck and cannot go on.
This is no doubt frustrating and someone may be feeling (and actually is) completely lost. The only way out is to stop everything, and restart the process from the very beginning. Now you would try to follow along and don’t miss anything this time. Or you may just be able to back out using your [back] arrow button. Sometimes that works but many times it doesn’t for security reasons.
So now applying this to shopping for possible new passive incomes streams (program, product or service) to add to your ‘portfolio’. Wouldn’t it be awful to believe that the commission you will receive is $10 and then a month or two down the line when the first commission comes, it is actually $1? You might just throw your hands up and say ‘oh well’. However in reality the small commission may have influenced your decision to even get involved with the program. But you had overlooked that detail.
It is much better to know all the facts up in front and even to confirm them. For all passive income streams you can start with the website or advertisement and thoroughly read it. If it has ‘FAQ’ (Frequently Asked Questions) do take the time to browse through it as you may learn something. If the website has other help documentation be sure to read anything you can there as well.
If you have any questions that are not answered, or that you don’t understand, don’t hesitate to contact their support or helpdesk. It is actually best to contact the company directly for any questions. The ‘sponsor’ is just the person whose ad you responded to and they may or may not respond to an email or even know the correct answer. So save yourself time and get the real story directly from the program itself.