You have probably heard my redundancy story relayed a while back and how it led to my self-employment journey. But if you haven’t, I will spare you the details but share one great lesson I learnt from it. At the time I was offered voluntary redundancy from paid employment, I had two sources of income – my salary and property investment. I thought that was all I could manage, after all, I have a family to look after alongside everything else. A few years down the line and I now realise I could have done a lot more with the components of my passion. Unlimited opportunities were waiting for me back then if only I looked deep enough. I made the classic mistake of limiting my mindset to what I could see. Well, I am not making that mistake again. My eyes are wide open to explore the opportunities that come round, and I am grabbing them with both hands.
Are you making the same mistake now? Are you limiting yourself to what is easily within reach, i.e., your job? The components of your passion namely your knowledge, experiences, interests and talents are loaded with many income streams yet to be explored. One of my income streams is my Amazon account. I do not promote my book as much as I should (must do something about that), but I do receive a check in the post from Amazon ever so often for sales of my eBook. That is just one income stream you can add to what you have now.
They say the average millionaire has at least seven income streams. How many have you got right now? Let’s do an inventory and take action. What are your money goals? My thoughts about money are quite different to some. I want to be able to add value to others especially the less fortunate and a regular salary can’t do that – hence my need to increase my income streams.
I was speaking at a meeting over the weekend about turning our talents into treasures. I used an example of how just what we know can yield at least six streams of income if we dare to explore the opportunities.
Your knowledge can become:
A book
A workshop
A product
An online course
Consultancy services
A magazine
Or even a TV program
I discovered that with many people, the problem is not lack of ideas but the lack of the courage to make great things happen.
Are you ready to make great things happen? Why not join us at the Multiple Income Streams Masterclass on the 10th of June 2016 and learn the secrets of multiple income streams and the inspiration to boost your income. I will also be sharing information about the new programs I will be starting in June and July to help you achieve your multiple income streams goals. I am pretty excited. Click here to register.
Now is the time to create your economy and start reaping the fruits of the components of your passion. The world is waiting to see what you have got, don’t keep them waiting too long.
