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How I'm Creating Multiple Streams of Income

  • Broadcast in Business
succoach

succoach

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When looking at traditional job opportunities this last January, I found one that was traditional situation, but one that also came with a big plus. I was hired on as a sales manager and trainer for a local real estate company to the tune of a $30,000 a year base salary. This increased (and stabilized) my personal income, in addition to giving me a stake in the success of the brokerage. With my traditional gig, I have the health insurance and 401(K) I needed, but I have the unique potential to earn some rather large bonus bucks. Since I earn a percentage of the profits that the brokerage nets each month, I have a job that has both a stable salary and a passive income stream.

. This company offers amazing deals on travel, discounts on local items in addition to deep dish discounts and bonuses on things I would buy anyway -- both online and offline. In addition to this, as I recruit people to be on my team on the business side of this firm, I earn even more passive income as they grow their own teams. Yes, it's network marketing. Yes, it's direct selling, but it comes with a very positive cash flow paycheck, as well as a steady stream of bonuses, a potential for a car allowance (a BMW nonetheless) and even a potential for a housing allowance on top of it. All in all, the income potential for my network marketing gig is an extra $50,000 annually if I work hard and sell my little buns off. Of course there are also scads of extra bonuses, and the potential to travel around the world at whole sale prices with my girls, on the cheap --

I am currently working on the manuscripts, but see a very realistic potential (after having done lengthy research) to earn an additional $20,000 to $30,000 a year from three to five publications (the average is $10,000 for a well-written work), even after the initial publishing fees.

People who should listen to this show--entrepreneurs, career coaches

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