What income streams do you have ? Would be interesting for you to list a few.
Right now my streams are
1. Partime job
2. Win2win systems ( for future income )
3. bits and bobs on ebay, got a few Nike vandals im trying to get rid off
Future incomes will be
1. Win2win systems ( for future income )
2. bits and bobs on ebay
3. Affiliate marketing i,e many niche websites ( thats many incomes streams in itself )
4. Internet product creations
5. Product reviews service (once i make a name for myself in the internet marketing scene )
6. Selling advertising space on my website
7. Possibly adsense if I can get a new address cause the buggers banned me for no good reason.
8. Other adsense alternatives such adbrite if i cant get adsense.
9. Match betting ebook
10. Internet Coaching service
11. Seminars via the web
hmmm maybe im spreading myself too thin but these are all my interest that I believe i'll be capabe of doing.
What are yours ?
Making money this way lets you create your own lifestyle. No one telling you what to do because you do it.
eg Id happily accept £2000 income a month, set my own times, do something I love over a
£4000 income a month as an investment banker 6 days a week 10 hours a day.
Instead of working for money ( trading your time for money ) create processes that will make you money.
Anyone understand ?, I'll point you in the right direction if want.
You're spreading withing way too many things. Now this is not so bad in general, but concentrate on 2-3 until you get them really going and then continue with next. (Most people would even advice you to concentrate on only one thing, but that's not my cup of tea)
I personally subscribe to the multiple streams of income way of thinking. I make money online now with affiliate marketing, network marketing, article writing, one membership site, one joint venture with 5 partners, blogging, and selling private label rights.
I have multiple websites and blogs to do it.
One problem I do see is people jump around and never make any money doing anything. You are better off to get one thing making money before branching out or taking on another.
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Jeff Schuman Make Money At Home JV With Jeff, free training, paid surveys. Content Writer 100% copyright, testimonials, multiple article discounts.
I think it's good to have multiple streams of income but you should master what you do - not just dabbling in a lot of different things that don't work well for you.
I have a little different idea from what summer123 said. Working in many streams but under the same niche. For example working in advertising but through multiple ways.
I think its best to focus on a handful of projects and maximize each for earning potential before moving onto other projects.
So many people settle for making a few bucks with sites, when they could be making more but move on instead. Test tweak modify expand.
If you can make 1 sale a day, you can make 100.
Affiliate Marketing - Multiple Niches - Main Income Generator
1 Network Marketing - Used as a feeder to sell other products to people
FLR Trading - People come to me to make trades.
There are many incentive programs on the internet where they give you free stuff or cash for completing offers. You've probably seen offers for free xbox 360 plasma tvs and such.
Many of these incentive programs require you to complete the necessary amount of offers and refer 5 - 10 other people to complete an offer as well.
I pay people to complete offers so I can receive the item or cash ( preferable cash)
For example: One of the free gift sites I work with will pay me $200 for completing an offer as well as referring 5 others to do the same.
So each referral is worth $40 dollars 5 divided by $200.
Now I'm going to find people to complete offers and pay them some cash for doing so. Since I want to make some money I pay them 50% - 75% of the Value for referral which is $20 - $30.
So in a sense they are trading completing an offer for cash in hand.
I pay 5 people $20 after they sign up with me and complete an offer.
Which adds up to $100 expense. I fulfill the programs requirements and cash out my prize of $200 dollars. I've made $100 profit. I then repeat the process over again and find 5 more people to pay to join.
Now FLR is just a name of a forum freelunchroom where you can find people to trade with. There are dozens of forums which are dedicated to this method of making money.
I mainly find people to trade with through my mailing list to make them some money so they can afford to buy my other stuff. lol
You can pay people to join under your free gift site or trade sign up for sign up.
Most of the Free Gift Sites require you to be USA or CANADA residence to participate.