Saturday, October 22, 2005

Diversify To Thrive

How many online revenue streams do you have right now?

One? Three? Ten?

If you have less than five, you need to get going on some new opportunities -- you're simply not diversified properly.  Losing a couple of your existing sources of revenue will cripple you financially, and the best way to avoid this is to start up a new source each month - 12 per year.  If you hold yourself to this, the probability of being crippled financially by losing one or two of your revenue sources goes down dramatically -- the other 10 will still be going strong, and if you've been doing this for a couple of years, the other 20 will more than make up for the loss.

So the next question is "How am I supposed to come up with a new income source each month"?

Here are some ideas for you -- Digital Information Products, Affiliate Sales, Physical Products, Consulting, Services, Coaching, Google Adsense, Yahoo Publishing, and PeakClick.  Each of these categories can provide multiple income sources for you, so get started!

 

 


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