Diversifying Your Earning Methods

[Golden9]

It's risky to put all your eggs in one basket, and if you have multiple means of earning, you can avoid falling into problems if one of them fails.

In diversifying, you should considering different sectors and niches too. This is also one thing to do if you want to invest money.

 

[Suba]

The function of diversification is to avoid singularity, or to divide into several parts of activities and investments. In addition, income diversification will also reduce risk.

 

[Sanjeev]

I am not good at it. I try to focus on a site at a time but I fully agree we should not trust any one site and should work on different sites so that if anyone comes out to be a scam you may not lose your money on the other sites.

 

[Shavkat]

I am holding this thought, too. I want to keep on finding earning sites that I can fall back if one or more failed to pay the members. I experienced this before and it has a been a pattern.

 

[cherry123]

This is why I don't work on only one site I try to diversify by working on different sites and doing other activities online

 

[fcbetting]

I have two focus. My website and PTP.

 

[cherry123]

I am holding this thought, too. I want to keep on finding earning sites that I can fall back if one or more failed to pay the members. I experienced this before and it has a been a pattern.

It is the right thing to do. Those coming online newly to make money should try and understand this simple logic . Sites cone and go

 

[Bisolami]

It's risky to put all your eggs in one basket, and if you have multiple means of earning, you can avoid falling into problems if one of them fails.

In diversifying, you should considering different sectors and niches too. This is also one thing to do if you want to invest money.

You are very right about this. Learning from one platform alone will not help you build wealth and what is the platform stops working?

 

[cherry123]

Even offline it isnt wise to rely on only a source anything can happen to it and you become stranded it is good to always diversified.

 

[uptrendfinancialsignal]

It is better to diversify your earnings in order to make more money.

 

[Sanjeev]

Even offline it isnt wise to rely on only a source anything can happen to it and you become stranded it is good to always diversified.

I have a good offline line and the timings of the same are so exhaustive that I cannot think of anything except about my job so that is the reason I am not able to start anything to diversify my earnings.

 

[cherry123]

I have a good offline line and the timings of the same are so exhaustive that I cannot think of anything except about my job so that is the reason I am not able to start anything to diversify my earnings.

Then you might leave the diversifying till the future timing. you might even do it better then.

 

[Sanjeev]

I am trying to do better at my job itself so that I may get good appraisal at the end of the year.

 

[Bisolami]

And that is why we should work on different platforms so that at the end of the month we will have a good amount of money that we have earned

It is better to diversify your earnings in order to make more money.

 

[Niyi Briggs]

The key to ocaenic wealth in this out world today is multiple streams of income. If you don't have multiple streams, you would just be comfortable at best.

 

[Bisolami]

The key to ocaenic wealth in this out world today is multiple streams of income. If you don't have multiple streams, you would just be comfortable at best.

Even people who have strenous jobs still have multiple sources of income so that they will be able to cater to all their responsibilities and they can even save from the money that they make and also do other things

 

[hastral45]

It is really risky to face only one business. You might not know when such business may possibly disappoint you. How will you feel?. To avoid this it is advisable to divest into different kinds of business.

 

[Sanjeev]

The key to oceanic wealth in this out world today is multiple streams of income. If you don't have multiple streams, you would just be comfortable at best.

That's true and that's the reason I have been in a search of some sites. I have been planning to start blogs or affiliate marketing to have some income.

 

[Bisolami]

It is really risky to face only one business. You might not know when such business may possibly disappoint you. How will you feel?. To avoid this it is advisable to divest into different kinds of business.

If you face one business you may not earn enough income because you are making money from just one source when it is possible for you to earn from multiple sources

 

[riberet19]

You should always diversify your earnings by working on different websites with different methodologies to earn, such as in your investments, you should also do it, to protect your money more than anything, I diversify in different places to earn online, such as places where you can write articles, ptp forums and surveys etc... and then I invest another part of the money.