One Thing Millionaires Do That You Don't
What’s the big secret here? Multiple revenue streams, that’s what. Most millionaires have at least 7 different revenue streams. Why is this such a big deal? Well that’s easy. Number one, why just make money off of one service or product when you can make more money off of multiple services or products?
Best case scenario is that you can create one, two, or even three other revenue streams that, once created and set up, require minimal energy on your part for its success.
Let me give you some examples. I am a photographer so I make the bulk of my money taking photographs of women and I take most of those photos in my studio. However, I also rent out my studio to other creatives. This allows me to use my studio basically for free because I rent it out enough to be able to pay the monthly rent, and for some months even beyond that. In addition to this, I also have offer educational guides and downloads for entrepreneurs and photographers. These are guides I wrote, designed, and created one time. They are now up on my site for sale and I never have to think about them again. I also offering in-person education and mentoring services and will be releasing a coffee table book with all of my writings and some of my photography very soon. That’s 5 revenue streams right there.
You may think you have nothing more to offer than what you currently offer but I bet if you take a few moments and really think about it, the ideas will flood in.
Good luck!
If you’re looking for a deep-dive into how to turn your business into earning 6-figures like I did, check out my guide Mind Your Business. It’s over 100 pages every single technique I’ve ever developed and used for over 15 years to make my business a success. Over TWENT lessons with instructions, downloads, and more!
If you’re looking for more of my divine wisdom on how to conquer the world (MUAHAHAHAHA!!) check out my Services or my Shop (make sure to scroll down in my shop to check out all of my freebie downloads).