Create Multiple Income Streams With a Blog
Once you have a blog that contains quite a bit of content and is becoming more of an authority type of blog within your niche, it may be time to start to create multiple income streams if you have not already begun that process. You may want to monetize your blog with AdSense or some other form of advertising and if you actually have quite a bit of traffic you could lease space to those within your niche looking to cash in on some of that traffic as well.
Create Multiple Income Streams: The Pros
If you are not going to create multiple income streams then you are basing all of your income on a solitary method of generating revenue, one program, one product whatever it is. I know that many have heard that you shouldn’t put all of your eggs in one basket, but as someone that has put all their eggs in one basket, had the basket fall apart, I can tell you that income from one single source is not really a great idea.
Second, if one of your business opportunities takes off right away there is no one out there saying that you cannot pursue that particular business more aggressively than the others. When you create multiple income streams it’s all about developing multiple business platforms to pay yourself from different sources, but if one source is outperforming all of the others, you can guarantee that I will be pushing the one until it plateaus.
Another thing to consider is the economy. By now most of us realize that the days of going to work for a company, giving them your best years, but being rewarded with a nice pension at the end of your career has gone the way of the DoDo bird. For the most part many feel the need, today more than ever, to take their financial future into their own hands by reinventing and changing their ideas about feasible income creation.
Many people that are thinking in these “alternate” career forms are coming online and finding many different methods to generate income. Many are able to achieve their goals because they do learn how to create multiple income streams utilizing the internet.
An Argument Against Creating Multiple Income Streams
The argument that some make is that people will look at you, and your many business interests, and get the impression that you are “all over the place” because you aren’t focusing in one main program, but I think that this argument is pretty weak. If you know how to effectively market online and understand how to build simple blog sites surrounding some of these simple programs, then you are going to be able to generate some serious income over a year or two year period. Keep in mind that most of the success you will achieve comes from really learning how to market yourself and your programs.
Create Multiple Income Streams Quickly With The Right Perspective
In terms of finding success, I just have to tell you that I don’t care what the program is as much as I care about whether or not I can market the program successfully and generate an income with it. This was a pretty big paradigm shift for myself and my own thinking. I don’t look at opportunities the same way that I once did, I now look at them (hopefully) through the eyes of an internet marketer rather than opportunity seeker.
So why is this shift important? When you are trying to create multiple income streams you are obviously going to have to look over and evaluate many different programs. Some of these programs will “seem” better than others, but all of them will have their own challenges in terms of marketing. With that said, as an online marketer what I look for are existing markets of people that are looking to find a program or system within the niche that I can divert a portion of to my site or my ads.
Once I determine that I can or cannot divert these existing opportunity seekers or customers, that is what will be the determining factor as to whether or not I market a particular program, system or product. This is how I decide to create multiple streams of income and how I add new opportunities for income growth.
Create Multiple Income Streams and Find Multiple Successes
Making money online is not that difficult. It isn’t easy, but with some effort directed at solid research along with proven and effective marketing techniques it isn’t that tough at all to create an online income. I recommend that anyone wanting to come online and earn a living learn to start the process of marketing consistently and create multiple income streams.