The Internet tech and economy lets you create multiple income streams fairly easily.
Just Create, Control, Manage and Maintain
You can create, control, manage, and maintain them all from that little corner in your basement, that table in Starbucks, and anywhere with a decent Internet connection, even a hut by a body of water in a totally different country!
The Principle is Simple
Have different things going on simultaneously, each regularly generating bits of income for you.
A few hundred a month from here and there adds up. A few hundred a month from more than just a few heres and theres can add up to a really nice figure.
No one said those “bits of income” can’t spike and grow either!
Great as Side Hustles
This income strategy is particularly well-suited as side hustles to do on top of your core work or project. Like if you’re an indie author and your books haven’t gained traction yet.
But it sure can be your whole income or business model! It gives you the ability to adopt and drop, mix-and-match your income streams as needed (but stay on top of it all carefully!).
Work Fairly Easy Streams
The trick is to work fairly easy streams. Things that won’t eat up as much time and effort.
Don’t reject more complex ones outright! Although some streams may take a considerable amount of work to get started with, once set up, they may prove to be very easy to manage and maintain.