Multiple sources of income

[Mmykel]

I am self-employed and I run different business but they are all small time for now but I am hoping that in the future it will be big time business. I am lucky my brother build me a store in front of our house which is like my office and business space. I have income from the following:
* tutorial- helping students in their studies
* xerox, print, scan, typing laminate business
* non-food selling slippers and face mask, bracelets
*food like empanada and ready to eat snacks like biscuits and chips
* online forum discussion sites like myLot and Forumcoin
* website like Swagbucks
* Survey apps like Premise and Milieu

So do you have multiple sources of income or just one?

How do you efficiently attend to this businesses to ensure that none suffers? Meanwhile I'm admire your hardworking spirit. Keep it up

 

[Sanjeev]

I want to manage but maybe I don't find ways to manage it. I wish I could be able to have multiple sources of income so that I may never face a financial crisis ever in life.

 

[Chibson]

It is always very important or necessary to have multiple streams of income. I am very much more interested in YouTube and Amazon Kindle.

 

[Starmix]

I have my Milk tea business in the mall in our city and soon to operate a fashion boutique online. I also have an active and stable job.

 

[Chibson]

I have my Milk tea business in the mall in our city and soon to operate a fashion boutique online. I also have an active and stable job.

I have seen a similar business before. People usually rent a particular space in a mall and they sell their products there. I wanted to rent such a store for my sister before but it was expensive.

 

[Starmix]

I have seen a similar business before. People usually rent a particular space in a mall and they sell their products there. I wanted to rent such a store for my sister before but it was expensive.

Just rent a small space so rent will be less, I ended up with only 1 square meter good enough for 3 people. There are also stores near a public market in the city where you can rent a space that is cheaper than ina mall for a start-up business.

 

[Chibson]

Just rent a small space so rent will be less, I ended up with only 1 square meter good enough for 3 people. There are also stores near a public market in the city where you can rent a space that is cheaper than ina mall for a start-up business.

I think I will put that into consideration. but in terms of profit, have you been able to recover the money you started the business with?.

 

[Brymix]

Having multiple source of income is a very good thing, but the problem lies in managing them. Except if one has a schedule for them or has another person managing some of the other businesses for him.

 

[Mmykel]

I want to manage but maybe I don't find ways to manage it. I wish I could be able to have multiple sources of income so that I may never face a financial crisis ever in life.

Just keep on working hard, you'll get to where you'll be to have the free you desire.

 

[Imran Noori]

You are doing great, every individual needs to build multiple sources of income because if one is not working then he/she could earn from others.

 

[Starmix]

I think I will put that into consideration. but in terms of profit, have you been able to recover the money you started the business with?.

Yes in just 3 weeks I was able to recover my capital. Try it too. Mine is thru a franchise.

 

[Edulady]

I also have multiple sources of income. But sometimes I wish there where more hours in the day, I feel.like the day ends so quickly and there still a lot more to do.

 

[Chibson]

You are doing great, every individual needs to build multiple sources of income because if one is not working then he/she could earn from others.

Probably, the importance of having multiple sources of income cannot be underestimated. It is very important and necessary to build multiple passive income sources.

 

[Reedex]

Depending on only one streams of income is not good at all but it is better to have multiple streams.

 

[Starmix]

You are indeed an entrepreneur, soon you will discover something big and that would surely make you save more and adventure more to a bigger business or investment. It is good to hear you are good at all those businesses you have out there.

 

[Shavkat]

I make money through multiple methods and some of my methods are passive, which means I don't have to work regularly to make money.

How to be like you? I have been looking for passive ways to earn, but never seen one good to have. I do hope you can share some of them here. I am sure members would be so delighted.

 

[nomad]

How to be like you? I have been looking for passive ways to earn, but never seen one good to have. I do hope you can share some of them here. I am sure members would be so delighted.

Blogging has become very fruitful for me. Most of my passive income comes from my blogs. Royalties from ebooks and paperbacks are another passive income source for me.

 

[Heatman]

Having multiple sources of income is always to all advantage. You would be able to make money from every angles which is good

With what is happening in our economy today it is very important that everyone should have more than one source of income to support their salary. This is because what they pay a salary now can never be enough to take care of someone's responsibilities.

 

[Chibson]

Depending on only one streams of income is not good at all but it is better to have multiple streams.

Probably, the importance of having multiple sources of income cannot be underestimated. It is very important and necessary that people try to have many sources of income simultaneously. It will help you to make more profit.

 

[Springtime]

I am a freelance. I mainly work on translation offline. Currently, my side hustle is doing online surveys and post on RIF. I also receive dividends from my investment in stocks. This is a good source of passive income. In 2023, I will offer business consulting service to start-ups and SMEs