Work Less, Earn More

EP 30: How to Create Multiple Streams of Revenue (+ What to AVOID!)


Listen Later

Being an entrepreneur and supporting yourself with your own business can mean that your income can fluctuate a LOT from one month to the next—and that can be scary and stressful, making it NO FUN to “be your own boss.”

 

BUT! There are things that you can do to create a stable cash flow month over month so you can work less and earn more.

 

You can diversify your income and develop multiple streams of revenue to really stabilize things. This also ensures that you’re earning a consistent amount of money every month and ultimately getting rid of the stress and enjoying the process of actually running your business a whole lot more.

 

However, there are some traps you can fall into as you try to create multiple streams of income. These mistakes can prevent you from successfully developing your multiple streams, keeping your business small, and ultimately wasting a lot of your time—and, in some cases, you might end up working MORE and earning LESS which is not what we want!

 

Listen to the full episode to hear:

  • Types of income vs revenue streams
  • A simple, step-by-step process you can follow to start developing multiple streams of revenue
  • Big mistakes to AVOID so you don't waste your time on efforts that won't pay off
  • Best revenue streams for people who are just getting started
  •  

    Links:

    • EP 19: Courses VS Membership Sites & How to Decide Which Is Right for YOU
    • Attract Paying Customers Action Plan
    • Join Startup Society (promo code: earnmore)
    • Profit Planning Challenge
    • Get in touch!
    •  

      ...more
      View all episodesView all episodes
      Download on the App Store

      Work Less, Earn MoreBy Gillian Perkins

      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      169 ratings


      More shows like Work Less, Earn More

      View all
      Niche Pursuits Podcast: Find Your Next "Niche" Business Idea! by Spencer Haws: NichePursuits.com

      Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

      191 Listeners

      The Amy Porterfield Show by Amy Porterfield

      The Amy Porterfield Show

      4,574 Listeners

      The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

      The Side Hustle Show

      1,583 Listeners

      The Wellness Mama Podcast by Katie Wells

      The Wellness Mama Podcast

      3,953 Listeners

      Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

      Build Your Tribe | Grow Your Business with Social Media

      2,613 Listeners

      The Mind Your Business Podcast by James Wedmore

      The Mind Your Business Podcast

      1,642 Listeners

      Simple Pin Podcast: Simple ways to boost your business using Pinterest by Kate Ahl

      Simple Pin Podcast: Simple ways to boost your business using Pinterest

      456 Listeners

      The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

      The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

      12,053 Listeners

      She Means Business Show by Carrie Green

      She Means Business Show

      301 Listeners

      The Product Boss: Business Coaching for Product-Based Female Entrepreneurs by Jacqueline Snyder

      The Product Boss: Business Coaching for Product-Based Female Entrepreneurs

      877 Listeners

      Imperfect Action by Steph Taylor

      Imperfect Action

      231 Listeners

      the bossbabe podcast by Natalie Ellis

      the bossbabe podcast

      1,955 Listeners

      The Jasmine Star Show by Jasmine Star

      The Jasmine Star Show

      2,573 Listeners

      Creator Club | Social Media Marketing & Content Creation by Katie Steckly

      Creator Club | Social Media Marketing & Content Creation

      302 Listeners

      The 100K Method by Gillian Perkins

      The 100K Method

      8 Listeners