From The Desk Of:
Justus Meyer,
Port Elizabeth, South Africa
Multiple Income Streams
"How and Why to diversify!"
Why build multiple sources of income?
In today's world, the common teachings around building an income are rooted in old ideas - specifically, ideas from as far back as the industrial age. Zig Ziglar is often quoted for saying the following:
"Money isn't the most important thing in life, but it's reasonably close to oxygen on the 'gotta have it' scale."
The fact is that whether you like money or not, you simply cannot do without it - not if you want to survive in today's world. As anyone close to the age of thirty has realised, relying on only one source of income simply doesn't cut it - no matter what you've been told, it simply isn't the way that the world works anymore.
Multiple income streams seem to be out of reach for most of us - but is it really? And why bother, when our jobs are stressful enough already? This section of the site will try to to explore that a bit further...
The traditional "JOB"
A lot of people, especially in the Network Marketing industry, like to refer to a job as your J.O.B. - your "Journey Of the Broke." This is justified to a certain degree (and I agree with it - to a certain degree), but can sometimes be taken a bit far by people who like to over-emphasize the problems related to it...
The fact is, that sometimes, a job is the best solution to your immediate problems. It brings in a stable monthly income and that monthly income helps to sustain you and possibly your family (if you have one). It is something to be proud of - a lot of people out there, simply don't bother...
However, there are a couple of problems with relying on a job by itself though:
- Inflation catches up quickly,
- you have limited earning potential,
- it only provides short-term results and
- your earnings are tied 100% to the time you spend working.
Ths answer is, strangely enough: multiple sources of income!
Building multiple sources of income generally implies residual income. There are many ways to build multiple sources of income, some of which will be covered in this section. To find out more, please refere to the pages listed below.
More information
Please refer to the following pages to find out more:
- Affiliate Marketing - The little brother of Network Marketing, without the benefits of exponential growth, but with the benefit of less involvement.
Feel free to use this page to contact me with any questions and/or comments you may have... I look forward to hearing from you.
Find out more about me and why this site exists. So many sites are impersonal - this is my attempt to change that. Warning: its not glamorous... :)
Click here to read the blog.
Lead generation is one of the most important skills you can learn - if you could find clients on demand, why would you ever need to work for anyone, again? Click here to find out more.
What is Network Marketing (also known as 'Multi-level-marketing' or 'MLM') and how does it work?
Is network marketing legal? What is a pyramid scheme and how can you avoid it? Find out by clicking here...
Find out more about the trainers and gurus in the Network Marketing industry, as well as the tools they have available to help you to grow your business...
What does Network marketing offer and should you even be involved? The answer might surprise you...
Financial freedom means that you are debt-free as well - find more ideas on how to achieve that, here.
Do you have any useful information to add to this page? Would you like to increase your own site's traffic?
Feel free to click here to submit an article.
Copyright (c) 2009, J. Meyer and Associates
Port Elizabeth, South Africa
Site design by ion Media Solutions