How you create 7+ distinct sources of income
I am an ardent believer, that as our whole world changes, IF we are to survive and thrive in the future as individuals, families. and as SME businesses, we must create and grow at least seven distinct streams of income.
Some streams require our active. involvement Some as passive streams - that grow while we sleep.
Naturally we don't do them all at once - but progressively. The team at STEEP Renaissance are experts at mentoring you to find and develop those 7+ income streams relevant to you. To find out more, and how, you might like to dialogue with Neville Christie, in total confidence. No initial cost. No obligation.
Naturally we don't do them all at once - but progressively. The team at STEEP Renaissance are experts at mentoring you to find and develop those 7+ income streams relevant to you. To find out more, and how, you might like to dialogue with Neville Christie, in total confidence. No initial cost. No obligation.
For now, we suggest a few possibilities...
First, please digest these quotes:
“The key to wealth and happiness in today’s world is to create multiple streams of income using diverse business models and combinations of passive and active income in areas where your passions and talents can be most thoroughly engaged.”Jimmy DeMesa, MD, MBA
Warren Buffett: “Never depend on single income. Make investment to create a second source.”
Unknown: “Focus on more than one source of income. The average millionaire has seven.”
Unknown: “Focus on more than one source of income. The average millionaire has seven.”
All good? Now, second, kick start your thoughts and actions with these examples. Please, make sure you follow the links:
• Act as a source of paid referrals to other businesses – tradespeople, accountants, bookkeepers, caterers, etc, etc.
• Become a silent business partner
• Build a meaningful community – based on a high level vision
• Build an eCommerce on-line business. See as a guide: Drop Shipping Aus and Oberlo.
• Build an on-line Guide
• Buy an established blog in your area of interest and expertise, link with your network and Google AdSense. Prices will vary from 40 month’s income
• Create a Blog and link with Google AdSense, and various social media, and include lots of affiliate marketing links • Create an app
• Create and market podcasts that include interviews with experts – see: Omny and Apple. See also VoiceCraft
• Create creative income
• Create digital products – tips, recipes, music, stories…
• Create on on-line service business
• Earn from YouTube videos
• Explore affiliate marketing to sell things
• Follow, and trade, the trends emerging from the 4th Industrial Revolution
• Get advice on high dividend stocks
• Join an affiliate network • Get recurring income from your web photos, or original music clips, through iStockphoto, Shuttercock, Dreamstime, SmugMug, etc.
• Renovate properties – starting with your house, then sell or rent
• Rent out spare rooms, or your holiday house, through AirBnB, MisterBandB,, etc
• Sell a blog you’ve created
• Sell stuff on eBay, ClickBank, Shopify
• Systematically develop your on-line marketing skills
• Try your hand at domain, website or blog flipping
• Turn your expertise into on-line courses and market through sites like Udemy.
• Turn your main hobby into a home-based business
• Undertake paid surveys
• Write eBooks for Amazon
These ideas are of a general nature only and we make no claim they are viable for you, or even viable at all. If any interest you, it's vital you do your own research in depth. And that you seek professional advice.