How To Create Multiple Streams Of Income

How To Create Multiple Streams Of Income – Why Settle For One Income Stream When You Can Have As Many As You Like?

mark ford

Mark Ford

In this article Mark Ford looks at how to create multiple streams of income within your online home business.

Today I want to focus your mindset on how to create multiple streams of income from the products and services you provide.

The conventional way we are brought up to live our lives consists of gaining a good education and securing a full time job. Now that sounds ok but the potential pitfall you have is that you have just one income stream, so what happens if you happen to lose your job?

The result is obvious as you instantly go into panic mode and the pressure is on to find another one to make sure that you can pay the bills at the end of the month.

Now imagine this scenario for a moment where you have two income streams. Straight away you have something to fall back on, a safety net to catch you when one possibly takes a down turn. Going back to the conventional way of working for someone else this could happen if you decided to take on a second job for example in the evening.

The stark reality is that you are still trading your time for money, and the extra hours you are working cuts into the special time that you are supposed to enjoy with your family.

Yes your bills may be getting paid on time, but have you really got a lifestyle that you enjoy? If you have your own internet business then you can create multiple income streams and it won’t have any effect on the time that you spend working therefore giving you that special time with your family.

So instead of setting up two income streams why not create more, as many as you want?

The power of multiple income streams is that they all flow to one pot which is your bank account and when set up correctly they can provide you with a substantial income and give you the lifestyle to enjoy doing the things that you love.

How To Create Multiple Streams Of Income – 3 Business Models To Copy

how to create multiple streams of income

How To Create Multiple Streams Of Income

Click here to learn about how to create multiple streams of income

How To Create Multiple Streams Of Income – Residual Income

Residual income is something that you receive constantly on a monthly basis. This would be in the form of a subscription payment that an individual makes and if you look at your own circumstance then you will probably be paying a monthly membership fee or subscription somewhere along the line.

This could be for your local gym or satellite television The vendor your are paying your subscriptions to are making residual income from you.

So turn that around to position yourself as the vendor. What type of products and services can you create to get people to pay you on a monthly basis so that you can earn residual income?

How To Create Multiple Streams Of Income – Instant Money

This would be a one off instant payment that you receive for one of your products and services. This could be an e-book, a physical product, a digital training course e.t.c.

You could create multiple products and each one of these would be an income stream. The amount of income streams you create is only limited by your imagination. If you create 20 products you have 20 income streams.

These products may take a while to create but when you have created them, especially digital products, you can sell them over and over again with little to no overheads. This helps your bottom line immensely.

How To Create Multiple Streams Of Income – High Ticket Products

High ticket products are ones that usually cost $1000+ and having these within your home business will take your earning potential to a whole new level.

Think of it this way. If you want to make $5000 per month and you have a $50 product them you would have to sell 100 units of that product.

If you had a $1000 product then you would only have to sell 5 units! Now can you see how powerful this type of income stream is?

How To Create Multiple Streams Of Income – The Six Figure Mentors Formula

six figure mentors

Six Figure Mentors

The Six Figure Mentors offer high level training and mentoring on how to create a profitable online business from scratch.

They also have a digital marketing business system that you can leverage by promoting their products and services as an affiliate that incorporates all of these income streams.

In the following video presentation Stuart Ross, who is the Co-founder of the company, shows you the formula to earning a six figure income through promoting his products and services.

Click here to watch his presentation and you will then have the opportunity to open your account with the Six Figure Mentors and start to create your own multiple income streams working from home.

I have shown you how to create multiple streams of income with three business models. You can use this formula in any industry or niche to set up your own income streams or you can leverage the Six Figure Mentors and have these multiple income streams set up for you. Click here to watch the video presentation.

I wish you every success in running your home business from anywhere in the world and profiting from creating your own multiple streams of income.

Related Posts

Mark Ford

Mark Ford

Mark FordHome Business Lifestyle and Blogging Coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace.

Nice Money Publications

Registered Office: Nice Money Publications Limited, Newport House, Newport Road, Stafford, Staffordshire, ST16 1DA, United Kingdom.

Business Website: Nice Money

Mark Ford's Blog  Main Blog: Latest Home Business Blogs

About Mark Ford

My Story <

The Transition from Lawyer to Home Business Lifestyle Coach <

Contact & Connect With Mark Ford

Sign up for a free 7 day bootcamp by email   > Click Here To Contact Mark Ford <

Contact Mark Ford> Home Business Coaching Calls with Mark Ford <

Social Media

Become my Facebook friend Connect with Mark on Facebook

Marks' Google Plus Profile Google > Connect with Mark on Google +

View Mark Ford's profile on LinkedIn

Pinterest Profile for Mark FordPinterest Posts

Connect With Mark on SkypeSkype Mark Ford:

RSS Subscribe to Home Business Blog Updates

Tweet with me Tweets

Subscribe to my YouTube Channel YouTube Home Business Videos

Website Network

Business Website: Nice Money

Mark Ford's Blog  Main Blog: Latest Home Business Blogs

Home Business Newsletter – Would You Like A Copy?

Products: Mark Ford’s Products

Six Figure Mentors Membership: Six Figure Mentors Elite Member

Videos: Mark Ford’s TV

Your Blog Content Report: Would You Like A Copy? – Yes, Click Here

Website Listings: Mark Ford’s Websites

Mark Ford – How To Create Multiple Streams Of Income – Top of Page

About Mark Ford

Home business lifestyle and blogging coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace. Many people live the life they think they have to live. They are overworked, underpaid, and unfulfilled. But the good news is that it doesn't have to be this way. My name is Mark Ford and my goal is to help you recognize your potential and equip you with the skills you need to turn that potential into a viable online home business in the digital economy. We have to stop making excuses and make it happen, whatever that is for you? > Read my story at
This entry was posted in Home Business Opportunities and tagged , . Bookmark the permalink.

Comments are closed.