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A Case For Multiple Streams Of Income
To day we celebrate Independence day, yet many of us aren’t really independent. Independent of our life’s circumstance anyway.
Our economic climate has changed so much that now it is just not wise for anyone to totally depend on one source for income.
America and the world for that matter are going though some hard times economically. I am not sure that things will quite ever be the same as they were.
I have first hand experience with know the importance of having multiple streams of income.
Today I recieved an interesting email from Paul Evans of Nicheology, he was sharing an article written by Inc. Magazine:
I thought I might pass it along to get your take on the subject.
Let me prefix this saying, I left out the beginning of Paul’s email, because he sent it to those on his list, but in essence he was relating how being an entrepreneur allowed him the benefit of spending quality time off with friends and family doing spring break. And how that privilege aligned so well with the article INC magazine wrote.
Paul: INC Magazines article “What Drives Entrepreneurs” revealed different motivations between founders and non-entrepreneurs.
The main motivation for entrepreneurs? Autonomy.
The main motivation for non-entrepreneurs? Security.
Entrepreneurs like to call the shots. We like control. We are fine with calculated risks. We think more about the experiment and experience than “having” to succeed. We love knowing the difference and impact we are making.
Non-entrepreneurs, on the other hand, are employees. They like being told what to do. They like the predictable paycheck. On average they want something more, but are too afraid to leave the comfort.
And there’s nothing wrong with that. The world NEEDS employees. They are essential.
Yes, as entrepreneurs we are different. We’re wired differently. We view the world differently. We don’t expect something for nothing. We take responsibility for our own income. We create jobs. We generate products. We work hard. We play hard.
One of the things that drives me crazy about the information publishing industry is the pursuit of mediocrity.
By that I mean the glorification of the status quo.
For example… the way I started this letter. Telling you about my past week. The hucksters of the world would paint that scene and tell you that you DESERVE the same. In fact, if you just follow their program you can have the same things.
You see the hucksters want to elevate their lives so that you want what they have. But wanting exactly what someone else has is status quo. To want to be someone else is accepting the average. Become the best YOU, don’t be a chameleon.
You have to envision your own perfect life. Just like I did almost 20 years ago.
As you know, Sherri died when Sam was 5 weeks old. Right then I made a vow. I would be present for my family.
I made that decision based on MY circumstances. I didn’t let someone else tell me what my life needed to be… I decided.
You need to decide too.
You need to write down exactly the type of life you want. How your life will benefit those around you.
You need to decide if you are going to be an entrepreneur, embrace the risk or be an employee. Neither answer is wrong, but the decision has to be made.
Then you design your business to reflect the life you’ve pictured.
Success is NOT an Accident,
Well said Paul.
What say YOU?
Why do you aspire to be an entrepreneur?
You can take the quiz here. http://www.inc.com/magazine/201203/moti … atrix.html
There is literally gold at your fingertips.
If you have an up to date computer, internet access and some basic computer skills, you can potentially create additional income streams for you and your family, right from the comfort of your home.
Now I’m not saying it’s easy but with a little desire and the willingness to aquire some marketing skills and then taking action on what you have learned, you can create your on economy or at the least, some extra income.
This blog is my story of how I got started and have progressed in my online marketing for profit journey, and I could barley send email,when I first started.
Hi and Thanks for stopping by Internet Newbie Income.
I apologize for how the site looks currently, but we are under going some exciting changes and hope to be back to posting some great content soon, please check back again.
Thanks, see you soon.
Hello fellow entrepreneur,
Happy New Year.
Well another year has come and gone. What I like about the New Years holiday is, one it’s my birthday, and two it is the chance for a do over, a new beginning. Yep clean the slate and start a fresh.
Many people have made New Years resolutions, not me, I stopped making them years ago. I found resolutions set me up for failures and let downs. Why? Because the minute I slipped up I would feel guilty, so why even make them in the first place?
Anyway, I came across another article to share with you. It’s about the worst financial resolutions. Enjoy.
See ya next post…
Hello fellow entrepreneur,
I just love our nation and the many opportunities it presents us with. Like me you probably get your share of junk email solictations yet I don’t know if I would have thought to do what the gentle man in the following article did, but kudo’s to him. Click here to read article
What can you and I learn from this man with regards taking negatives and turning them into profitable positives?
See ya next post…