7 Streams, Same Means

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Did you know that most millionaires have multiple streams of income?

That's where a lot of people get tripped up! They're so used to traditional 9 to 5 work, that they think their one business will make them all the money they ever dreamed about.

And sure, it could, but it's not likely going to make you a millionaire.

Millionaires typically have 7 streams of income.

Imagine waking up and getting notifications of payment from 7 different outlets every single day... the good life!

This short, but sweet blog entry is going to point out 7 ways you can make money without being a serial entrepreneur.

You don't have to reinvent the wheel or come up with a ton of different products. All you need to do is take your expertise and find a way to monetize it using different deliverables.

Here are 7 ideas to get you started.

CREATE A WORKBOOK OR WRITE A BOOK

Workbooks are awesome because they provide a tangible guide for your audience to sink their teeth into. Books allow you to elaborate on your expertise in great detail so your clients can digest the information better.

DEVELOP AN EVERGREEN WEBINAR

Teach your audience how to be successful or a new skill inside of an online masterclass that never goes out of style!

AUTOMATE AN ONLINE COURSE

Online courses allow you to be in multiple places at once. You can't take on everyone as your 1:1 client, so this is the perfect solution to help more people with less effort.

BECOME A KEYNOTE SPEAKER

Nothing can replace the impact of the human touch. Once you step on stage, you'll command the eyes, ears, and hearts of everyone in attendance. Develop these skills and watch your following (and bank account) grow.

CONDUCT HIGH LEVEL COACHING EXPERIENCES

There are people out there who want your personal input in helping them accomplish their goal. Create an experience that will exceed their expectations, help them produce REAL results, and turn them into raving clients who will sing your praises to anyone who will listen.

DEVELOP A CONTINUITY PROGRAM

Think subscription based service. Your tribe is a community who want to hear from you! Give them something to look forward to every month in exchange for a membership subscription, and you'll be able to depend on consistent income month over month.

HOST EVENTS

Events, much like keynote speaking, are a great way to personally connect with your audience. You can sell merchandise, introduce new launches, fill your mailing list, and more (even if the event is free!)

WHO WANTS TO BE A MILLIONAIRE?

I do, lol! I'm working on developing my 7 seven streams as we speak, and if you would like to join me in the millionaire's club one day, the first step is to develop your core offerings. Click the button below to schedule a free virtual coffee with me and let's talk about where you want to take your brand and how I can help you attain your goals.

Gernae AlexanderComment