Large Streams Or Small?
We’ve all heard about the phenomenon of multiple income streams, and how they are transforming the lives of hundreds of thousands of people who have taken to working from home.
But does it matter how big (or small) these income streams are?
The whole idea of having several streams of income is that it protects you against the consequences of losing one or more of them at the same time. If you’re in a regular job and that’s your only source of cash, you’ll be in instant trouble if you lose it. But if you have a dozen or more income streams and you lose one – or even two or three – simultaneously, then all you’ll experience is a slight drop in income. You still have plenty of cash coming in to meet all your needs. That is the power of having multiple income streams.
Now it’s obvious that large income streams are better than small ones
But you shouldn’t dismiss the opportunities that small income streams can bring. The fact remains that if you add a dozen or so small streams together, they can form quite an impressive river of cash that you would certainly miss if it didn’t exist.
The key is to look for small income streams that you can automate, and this can be quite easily done online. For example, if you have your own website you can put Google Adsense on it. You might only get a few dollars a month from it, but it won’t require any work at all after it is set up, so why turn down a few dollars for nothing?
So keep an eye out for small income streams as well as large ones, and use them to bump up your overall earnings online. It’s surprising how much difference a few dollars can make.
Sean Rasmussen
Internet Marketing Blog
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