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answer is yes. The benefits of having of several sources of income include:
1. It’s easier to create several small income producing streams over one large one. For example, it’s easier to create three streams that earn $1,000 than one stream that earns $3,000.
2. It reduces the risk of being left without any income. If you’re laid off or one source of income drops, you have other sources to help you get by. Especially in home business, which has an ebb and flow, you can offset the ebbs through having more than one source of income.
3. It helps you avoid boredom in work by having different things to do every day
4. You can create income streams based on your interests, talents and passions.
1. Take out a piece of paper and write your main business product or service in the middle to start a mindmap. If you’re a virtual assistant, you’d write VA in the middle of the paper.
2. Create four spokes titled “Products,” “Services,” “Advertising/Affiliate,” and “Other” off of your main product or service.
3. Create spokes off of each of these options with ideas on how you can make money at them.
People who should listen to this show are home-based business owners, entrepreneurs, under-employed, coarre coaches
You can use the different media channels to make multiple streams of passive income.
From the traditional way of using the written word as an author, podcasting to having your own video channel, Google Cash author Sidra Shaukat gives you practical techniques you can start using today.
Pure content and pure tips in easy to understand tips that you can understand and apply.
Download Google Cash today from www.amazon.com/author/sidrashaukat and itunes.com/ibooks.
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
Join Caroline Sutherland for this fascinating interview with Larry Frieders R.Ph., compounding pharmacist at The Compounder in Chicago Illinois. While you might have heard about Multiple Sclerosis (MS), you probably aren’t getting the whole story – unless this devastating condition is affecting you or someone close to you. This isn’t a problem exclusive to MS. Other chronic conditions are plagued with similar problems. Larry Frieders will help us understand MS, its related conditions and what to do about it. Don’t miss this compelling hour, where you will get up-to-date health information, spot readings and answers to the health questions that affect us all.
Join Caroline for her Monday Night Teleconference Tonight here! All of the archives are here by topic!
“I’ve been a Caroline Sutherland fan ever since the first moment I met her in the ’90s. In fact, she fulfilled a dream of mine. At our first meeting, Caroline looked at me, clearly saw my deficiencies and nutritional needs, and on the spot designed a special plan for my particular body. I felt understood for the first time.”
- Louise Hay, Author of You Can Heal Your Life
In today's marketplace more and more people all working from home, either for themselves, or for someone else. There are many ways you can go with multiple streams of income. For instance, if you are someone who writes articles to promote your business, you can collect them and put them into a booklet that you can sell. If you are considered an expert in your field, you can take those articles and convert them into training programs. For years, speakers and trainers, would offer tele-seminars in the niche. The first tele-seminar would be an overview, as a free session, to sell training for multiple weeks, offering to the first five attendant signed up with in 5 to 10 minutes, would receive a discount. Those tele-seminars can be multipurposed to promote selling articles or books or training packages.
Tele-seminars you fall into webinars using such software as go to webinar where you paid $500 a month with enough bandwidth for 1000 people to attend. With the advancement of technology you can do the same thing with Google hideouts where you can have unlimited number of people attend for free.
You can also be an affiliate or distributor with a product that is multipurposed to create multiple streams of income. There are companies who sell their software or platform to individuals that can become an affiliate of distributor with them and earn commission selling those products. Two such companies that incorporate different products into their platform for businesses to utilize to market their business and also earning an income promoting the product to their friends and business associates. I will be discussing the power lead system and 20 now marketing these platform allows companies to brand themselves and their niche and also the opportunity to become an affiliate and earn an income by promoting their product to companies who can use this platform for their own business.
Host Jeanette Aro, welcomes Crystal O'Connor to her show episode, How to Create Multiple Streams of Income from your Passion.
Crystal O’Connor has spent 20 years mastering sales and marketing skills in 4 major industries. She’s helped hundreds of small business owners develop razor sharp marketing campaigns and break sales records.
As a sales executive she consistently broke sales records and landed accounts others deemed impossible. She now teaches women how to start a business from scratch while taking them to six figures and beyond fast. In three short years alone Crystal launched 3 businesses that are making money every day.
Her coaching business, The Moxie Entrepreneur surpassed six figures in just 9 months. Often referred to as the ‘closer’ she knows what it takes in sales and marketing and isn’t afraid to spill the beans on what works and what doesn’t for small businesses wanting to take leaps in revenue.
Intuition is an innate spiritual gift that you can use to create multiple streams of income you are passionate about or love to do. In this Launch Talk conversation, Darlene Pitts shares how to use your intuition to achieve success with new and existing businesses.
Our Guest: Darlene Pitts is an Intuition Consultant, Speaker & Author of Let’s Talk Intuition and Discover Your Intuition. She teaches intuition development courses and uses her intuition in consulting with individuals, businesses, and law enforcement. She is also an Inspirational Photographer, a Graphic Designer, and a Senior Information Security Analyst for a global corporation.
Your Host: Tai Goodwin is a Launch While Working coach, speaker and author of the upcoming book: You Don't Have to Quit Your Day Job: How to Pursue Your Passion, Start a Business and Still Take Care of Home. Co-host of #smallbizchat, she blogs at at www.taigoodwin.com and is editor-in-chief at Launch While Working.com.
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…..
You're Too Brilliant To Be Broke!
That's the message of Monique Caradine, who's guesting on our 2/9 show about creating multiple income streams, garnering thousands in free publicity, and turning media opportunities into profits.
Monique is a TV and Radio personality based in Chicago. She hosts and co-produces Perspective, a weekly news affairs show on FOX-affiliate MY50Chicago. She is also the voice behind The Monique Caradine Show which airs live every Friday on WVON 1690 AM.
She'll also be supplying PBP followers (remember to Like us on Facebook and FOLLOW us here on BlogTalkRadio) a link that will allow you first access to her e-book offering 7 secrets to success. We'll have more details shortly, so key an eye out on our Facebook page. Meantime, check out Monique's link:
And don't forget to call in: 347-884-8365
On tomorrow's B.O.S.S.CHICKS RADIO, Dr. Carolyn Hall and Coach Nanci Deed want to take a different approach. We want to talk to you about "MONEY": How to get it? How to keep it? And how to grow it? This show is for anyone who wants to learn and understand ways that their creative talents and gifts can be used to bring in additional streams of income....In a nutshell, we want to talk to you about WORKING SMARTER AND NOT HARDER...#b.o.s.s.life
We are talking about high-risk multiple myeloma and its prognosis with Dr. Sagar Lonial this August. Make sure REGISTER in advance to ask Dr. Lonial your myeloma question.
Dr. Lonial is Professor at the Winship Cancer Institute of Emory University, Director of Translational Research, B-cell malignancy program as well as Associate Director of Hematology Oncology Fellowship Program. He staffs and works both on the transplant service as well as in the B-cell malignancy clinic. Dr. Lonial completed his Hematology-Oncology training at Emory University, and prior to that received his internal medicine residency at the Baylor College of Medicine in Houston Texas. There he spent an additional year as a Chief Medical Resident at the Ben Taub General Hospital as well as the Texas Heart Institute and St Lukes Hospital. Dr. Lonial is on the editorial board for Clinical Lymphoma and Myeloma and The American Journal of Clinical Oncology, as well as an ad hoc reviewer for Blood, Cancer Research, Clinical Cancer Research, Haematologica, and other journals. He has authored or co-authored over 40 papers and abstracts, and was recently appointed to Vice-chair for the ECOG myeloma committee.
Chris Miles, the "Cash Flow Expert" and “THE financial advocate for the entrepreneur” is returning to share even more of his expereince with us! As a cash flow expert,he will offer real advice that works and people value, not fluff. He will share how he overcame HUGE financial hardships of being $1M in debt and in the hole $16,000 a month where he paid off $900,000 of debt in 3 yrs, and have a very profitable business.
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