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Multiple Streams Of Income

For the last year or so I have been urging my subscribers
to stay in front of marketing trends.

We have talked about Mobile Marketing, Kindle, and domain
and website flipping.

We are making good money in 2 of the 3 niches, but we have
spent a ton of time in the “education mode”.

I had a friend and customer send me the email below today
and I have received these questions off and on over the
past year, so I thought I would share these questions and
my answers with you in hopes that I could help a lot of my
subscribers at the same time.

Remember you are only 5 courses or books away from being
an expert in almost any market you choose. (Yes, network
marketing is the exception) The only way to become successful
in network marketing is to follow the free info I share in the
book at www.StealYourSuccess.com

START OF EMAIL

Dale,
I have learned so much from you over the years. I have
couple of personal/business questions I would like to ask
you when you get a minute I would appreciate a reply.
Debbie

QUESTION:
You hear so much about “multiple streams” of income,
when should network marketers attempt to diversify
their income ?

ANSWER

Debbie, this depends on the person. In general this is my opinion.
Most network marketers who are talking about multiple streams of
income and attempting to work multiple companies, have never
made Big income anywhere. They really don’t understand the
difference between network marketing and affiliate marketing.

In 30 years I cannot name 1 person I have ever met who was
making $10,000+ a month in two different companies working
them at the same time!

You should never attempt to create multiple streams of
income from multiple MLM programs under any circumstance.

Network marketing is about residual wealth building. It is not
about creating multiple $100 checks, that is affiliate marketing.
Network marketing is the most challenging, but most rewarding
business model. Leaders must be focused and dedicated to
their opportunity, their company and their team. If they can’t
find a company they can dedicate themselves to then they need
to find a new one.

My advice to all network marketers is to don’t even think
about trying to create another income stream until you have
mastered the skill sets and mindsets it takes in network marketing
and you get your income to a full-time level.

QUESTION: As you know I am at a full-time income and the
business has become easy and systematic for me now
(As you said it would). I am ready to diversify my income
and spend an hour or so a day learning a new business model.

What do you recommend and is there a training program I
should start with?

ANSWER
That depends really on what your ultimate goal is, remember
begin with the end in mind.

If you are looking for some quick, extra cash I recommend
Ebay, but I think you already sell some items on Ebay don’t you?
If not this will help: http://www.OnlineAuctionU.com

An addition would be buying and flipping domains and websites.

I have some really good info here:
http://www.FlipDomainsandGrowRich.com We have been
doing this off and on for several years, but now there are
some great tools in the market that make this a breeze if
you get a little education.

If you are looking for another long term residual income
stream, then I definitely recommend you learn everything
you can on Kindle Publishing. Dawn and I started a
Kindle publishing division of our business about a year
ago and it has really gained momentum in the last few months.

There are several good courses on kindle publishing,
these are the ones we recommend:

KINDL E UNLEASED http://cmgwebsitetraffic.com/links/2727
KINDLE SALES CASH FORMULA http://www.warriorplus.com/linkwso/plwpm0/14735
KINDLE CASH MACHINES http://www.warriorplus.com/linkwso/q2v3yp/14735

And finally Mobile Marketing. This is going to be huge and growing.
We have spent a lot of time and money on this, but still haven’t
quite figured it out, but we will! We have had some campaigns
that have done awesome and some that have totally bombed.

The best course we have found out their some fare is here:
www.MobileMarketingOnline.com

Deb, this should put you on the right track. If you have
any more questions let me know.

Dale

JUST REMEMBER ……..

In 30 years I cannot name 1 person I have ever met who was
making $10,000+ a month in two different companies working
them at the same time!