Making multiple streams of income....

Hi Gordon,

Wow, a very important "wake up" message....

Making money in business isn't that "hard".... You find an activity that makes money, then do it over and over and over again....

This is where multiple streams of income can be either a blessing or a curse....

I think it can be a blessing, because the more things you do, the more likely it is you will find something that pays very well. As well as Gordon, others who used multiple streams of income are people like Jay Conrad Levinson - eventually he found his book-writing and speaking "stream" started paying more than everything else, so he didn't need the multiple streams of income any more. However, it was by doing several things that he managed to find ONE stream which ended up paying him very well....

Multiple streams of income can sometimes be a "curse" too..... The reason why is if you have something that's making good money for you, it can still be tempting to abandon it to chase after something else!

I think the wise thing to do is to not abandon something which is making you money, UNLESS you have something (another stream) which is ALREADY making more money for you. Until then - do them both! :)

I'm a big believer that multiple streams of income can be healthy for your bank balance and your financial security as well....

- Dien Rice