SOWPub Small Business Forums

SOWPub Small Business Forums (http://www.sowpub.com/forum/index.php)
-   Original SOWPub Forum Archive (http://www.sowpub.com/forum/forumdisplay.php?f=3)
-   -   Question for the income streams people (http://www.sowpub.com/forum/showthread.php?t=3223)

Boyd Stone December 30, 2002 11:43 AM

Question for the income streams people
 
Hi,

Does adding income streams turn into sort of a hobby? In other words, does it become fun to add on additional income sources (with the fun aspect not being caused just because you have more money)?

Thanks in advance,

- Boyd

Steven W. Johnson December 30, 2002 01:06 PM

Re: Question for the income streams people
 
Boyd,

I think it has to do with finding ways to multiplying your earning power, yes.

But, more importantly, I think it has to do with diversification. If one stream slows, another one will be picking up.

With my new project I have identified 10 different income streams that can be used simultaneously on the same customer.

Granted, not all customers will want to utilize all 10 income steams at once, but with the additional resources available, the customer knows they are there when it is time to use them.

Julie Jordan Scott December 30, 2002 05:04 PM

Re: Question for the income streams people
 
Dear Boyd and All,

While I had not thought of it as a hobby before, I can see where it IS sort of like a hobby!

I find it great fun to add a new income stream. Always on the look out to welcome another especially if it is one where there is mutual benefit for many.

Good to see you posting, Boyd!

With Passionate Gratitude,

Julie Jordan Scott


Pick Up Your New Year's Gift from 5passions.com now!

Michael Ross December 30, 2002 07:32 PM

Answer from an income stream person...
 
Boyd:

> Does adding income streams turn into sort of
> a hobby? In other words, does it become fun
> to add on additional income sources (with
> the fun aspect not being caused just because
> you have more money)?

Good question.

My answer is

YES!!

Multiple Streams of Income gives you income security - should you lose any income source you still have income coming in.

The Income Security gives you more confidence to try other things. If it doesn't work, no big deal because you still have income coming in.

It becomes enjoyable to try different things.

Think of it like fishing...

Once you know how to fish and where to fish, it becomes a joy to try different baits, line strengths, methods, etc. You know, should none of them work, you just go back to what you know works and you will catch your fill.

Michael Ross

P.S. For a discussion on Multiple Streams of Income, get your free copy of The Multiple Streams of Income Report instantly by email by sending a blank email to [email protected]

Also check out the link below...


Develope Multiple Streams of Income using this

Boyd Stone December 31, 2002 08:30 AM

You're on my list
 
Hi,

Thanks for the reply, and btw you're on my list of people whose messages I always read 100% of the time whenever I see one on the forums. (Not very grammatical, but true.)

Best,

- Boyd

Boyd Stone December 31, 2002 08:32 AM

Thanks, Julie, Michael & Steven [DNO]
 
dno
> Boyd:

> Good question.

> My answer is

> YES!! Multiple Streams of Income gives
> you income security - should you lose any
> income source you still have income coming
> in.

> The Income Security gives you more
> confidence to try other things. If it
> doesn't work, no big deal because you still
> have income coming in.

> It becomes enjoyable to try different
> things.

> Think of it like fishing...

> Once you know how to fish and where to fish,
> it becomes a joy to try different baits,
> line strengths, methods, etc. You know,
> should none of them work, you just go back
> to what you know works and you will catch
> your fill.

> Michael Ross

> P.S. For a discussion on Multiple Streams of
> Income, get your free copy of The Multiple
> Streams of Income Report instantly by email
> by sending a blank email to
> [email protected] Also check out the
> link below...

Jane December 31, 2002 11:28 AM

Re: Question for the income streams people
 
Hi

If you can automate the whole process, it becomes fun and enjoyable for most people. For me I like the challenge of starting something new and building it to a good level of income. On the negative side, when you start something new, it takes up quite a bit of time from your other ventures.

Jane


Need Cash Urgently? Click Here

Julie Jordan Scott December 31, 2002 05:35 PM

Awwwwwwwwwww, shucks.... :-)
 
Dear Boyd,

What a kind thing to say!! THANK YOU for such warm kudos.

With Passionate Gratitude,

Julie


Only six days left! Pick up your gifts NOW!


All times are GMT -4. The time now is 10:57 PM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.