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Welcome to the Sources of Income Radio show. Today is going to be the kickoff to a new daily radio show about aquiring wealth. This show is not just about wealth in money, but also in life and love. We have mixed the spirituality and the business aspects which is a must. Passion for your life is the ultimate goal, both in business and in your personal life. Entrepreneurs looking to have multiple sources of income most welcome!
Of all the ways to create a consistent and passive income stream, purchasing an existing, revenue generating website is the smartest. What does that mean? What does that look like?
The concept of purchasing a website to create an income stream for yourself, your company, or your private equity fund is new to many people. Expert, Mike Engstrom, shares a model that not only gives you the tools to buy revenue generating websites, but also how you can save time by doing it.
in Real Estate
Today on "It's My House" we shall discuss (Cashflow vs Income Distinctions). If you want to become a proflic fundraiser you must know the difference between "cashflow" and "income" and the many distinctions that are within them both. With that in mind we shall cover the basics on these topics and then organize a simple plan that anyone can use to generate cashflow, multiple cashflows, or multiple income streams.
Feel free to call in with any questions, comments, or suggestions.
Do not forget to have pen and paper ready to take notes.
Every year, millions of working Americans spend part of the month of November selecting their employee benefits. It's a confusing experience for most of us. How do you choose what's right for you?
This show will focus on helping Millenial workers sift through their employee benefits options and put together a plan that makes sense for them.
Carol Harnett, president of the Council for Disability Awareness, and Jennifer Fitzgerald, co-founder and CEO of PolicyGenius, will talk through how Gen Y employees can make the most of their employee benefits choices -- in 15 minutes or less.
Join Minister Kim as she discusses “Looking at Other Streams of Income” Are you inspired to start your own business, but don’t know where to start? You have these vision boards and business plans but don’t have the resources to launch your business. The Entrepreneur Spirit is there, but needs to be watered.
Meet our guest Michelle Gill Newton, a wife, mother, home based business coach, speaker and published author who will ignite and inspire you to dream, believe and enjoy what you’re doing.
Michelle will teach you some strategies to incorporate when your spirit is half-empty.
The importance of connecting with the Right Coach to cheer you to the finish line, she has a strong background in Marketing and has over 10yrs of experience as a Marketing Manager for large corporations; Time Warner Cable of NYC, Time Warner Inc. and Double Book Clubs.
She was award “Living To Your Potential Award”, earning incentive trips and featured in company catalogs.
Help us welcome Michelle Gill Newton to the show…..
Doing four totally different businesses with different target markets is the wrong way to establish multiple streams of income. Why?
1. You appear schizophrenic to everyone you meet.
2. You waste time and energy working to capture the attention of multiple markets.
3. Your mind has to keep track of systems and information for four companies.
How to Create Multiple Streams of Income – The Right Way
There are two ways to create multiple streams of income that make sense:
Same target market, multiple offerings.
Same offering, multiple target markets.
Starbucks does have a number of multiple streams. In their stores, they sell coffee machines, mugs, chocolate covered coffee beans and lunch items. You can also purchase their coffee and bottled frappucino in grocery stores and I’m not sure if it’s nationwide yet, but Starbucks just launched a line of ice cream.
Any online business has set up multiple streams of income. The second way to create multiple streams of income is to market the same product or service to multiple markets.
Ex. Zukul--mention all their different products and how how have access for 1 fee instead of multiple companies paying a fee to each and you can sell the products separately.
People who should listen to this show are career coaches, entrepreneurs, affiliate marketers
President Obama disputed the notion that income inequality and related problems affect mostly African Americans and Hispanics, saying these issues cut across socioeconomic lines. "The opportunity gap in America is now as much about class as it is about race," and that gap is growing.Reducing inequality should help all Americans, "We need to dispel the myth that the goals of growing the economy and reducing inequality are necessarily in conflict. The trickle-down GOP ideology that reduced the power of unions, and led to tax cuts "for the wealthiest, while investments in things that make us all richer, like schools and infrastructure, were allowed to wither."USA Today
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