Income augmentation sounds fun and exciting but it’s important to be sure you build these income streams the right way. In this episode we talk strategy. Learn what you need to think about before and during the construction of your empire.
These five tips are especially crucial if you plan to do this while maintaining your main job. Remember, you don’t need to quit your job to be an entrepreneur. In fact that steady base salary can free you from a load of pressure as you build the other income streams.
5 Tips for Building More Income Streams
- Cows aren’t always sexy. BCG growth matrix.
- Resist the urge to start everything at the same time.
- Results are worth more than talking points.
- Build smart and sustainable.
- Document processes and create systems.
Question of the day: Which income building tip was your favourite? (Comment below or on twitter)
Essential career advice for ambitious young professionals.