Choose Multiple Income Streams

Chose Multiple Income StreamsYou should not be relying on one business to generate your income.  This is big if you want to see an influx of money coming in.  You should chose multiple income streams to cover you financially.

Warren Buffet said, “Never Depend on a Single Income.”

I agree and will give my personal stance on that a little later.

This is the continuation of the “simple 7 step attraction” writing by MyLeadSystemPro CEO.  If you haven’t, read the blogs that lead up to today’s blog: Start Branding YouBuilding Relationship is the Key to SellingEngage Your Audience to Uncover Their Pain,  Learn to Build, Engage, and Sell and Create Content that Addresses Your Audience Daily and Who Are You Trying To Reach? There are some great nuggets should know about.

Multiple Streams of Income Provides a Cushion

It’s true!  You should not rely on one business opportunity to provide financial cushion for you.

Too often I hear about network marketers doing well in their opportunity only to wake up to an email saying the company no longer exist or google has shut their accounts down.

Not having additional income coming in from other streams will place you in a hard place.

Being opened to other income streams, the closing of one company will not affect you completely.

Yes, your monthly intake will decrease, but it will not affect your well being.

Often times you hear home business owners sharing their monthly income which is a hefty amount.

What they don’t share is how that amount is coming from multiple sources.

Anyone that is in business for themselves, should have at least two sources of income.  If you are uncertain about how to have that, I will explain how to obtain that shortly.

The good news is you can use attraction marketing on both sources and have people contacting you.

Keep in mind that although they may contact you they may not join your opportunity.  Don’t be tied to their decision.

Who will Join Your Opportunity

Understand that 90% of the people you talk to about your opportunity, will decline to join.

This usually happens because they are already in a business and are happy or just isn’t interested.  It has nothing to do with you (in most cases).

Because they are happy where they are and keeping in with chose multiple income streams, you may want to say to them, “What if what we have to offer is a separate income stream that does not affect their current business?”

The chances of them becoming interested has increased exponentially.

Just by asking simple questions to get those brain waves moving can change how prospects and customers view your offer.

Here is another example.  Ask your prospect “How are they doing getting leads or customers?”  Some will say well, but the majority is having issues.  If you read any of my previous blogs you would know this is a major problem in the home business industry.

What do you have to offer the ones that are having major issues and need help?

For me, I introduce my educational platform that trains entrepreneurs how to get more leads and make more money.

My Conclusion

Don’t depend on just one income.  Be open to multiple streams because tomorrow is not guarantee for any business.

Depending on one income can be detrimental to you and your family.  Always plan ahead and be prepare for anything that may come your way.

The best way to do that is to change how you do business.

If you found value, please let me know.  All of my information is below. If you need help and a clearer understanding of what you should be doing, email me below.

Priscilla Fauntleroy

 

P.S. – If you are in a multi-level marketing (mlm) company and are looking for ways to get more leads and customers,  watch this video. It goes into detail what you should be doing daily.

Choose Multiple Income Streams

 

Skype: Prinkimyky

Email: pfauntleroy@fauntleroymarketingstrategy.com

Priscilla Fauntleroy
Fauntleroy Marketing Strategy
www.fauntleroymarketingblog.com

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