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An Artist’s Guide to Starting a Home Business
Getting started with a business can be rather overwhelming. For many artists, it's difficult to pin down a point when the gnawing need to create artwork actually becomes a profession. Someone innocently asks "How much would you charge for a...
Domain Names Not Strong Auction Items
Selling a domain name at an online auction can be lucrative - but many sellers completely misjudge the market and truly live in Fantasy Land. For instance, take a look at this auction of 14 domain names (StemCellLines.net, StemCellLines.org,...
Low mortgage rates are spurring the recent boom in home ownership
Anyone serious about buying a home has seen the recent ads offering low mortgage rates for first time buyers and current homeowners. One reason for this mass of offers is that most financial institutions now understand the economic importance of...
Online PayDay Loans: How to Gain an Advantage over Lenders
When you need money today, and not just a week from today, online payday loans can be a salvation. But for many people, these loans, also called payday advances or sometimes just cash advances, have become a nightmare. Here's the good and the bad...
Want the income of the Marketing Pro's? Join Easy Street.
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The First Step to Creating Multiple Income Streams

Over the last 15 years in business, I’ve created dozens of income streams that have bullet-proofed my business, bringing consistent cash flow regardless of seasonal valleys or dips in the economy. The first step in creating your own multiple income streams is to assess your resources. What talents, abilities, strengths and tools do you have? Are you good at sales? Do you communicate well with people? Can you write? Do you have a flair for the artistic? Do you have a unique skill or ability that others do not? Do you know how to sell things on eBay and Amazon? Write down all your skills, knowledge and talents.

Then write down all the physical resources you have. Do you own a computer? Do you have a color printer, a scanner or a digital camera? Can you burn CD’s or DVD’s? Do you have an unlimited long distance plan? Do you have one of those little gadgets that can record a phone call? Perhaps you have a cell phone? A parcel of land? A van? A pickup truck? Write it all down – write down anything of value that you have that could be used as a resource.

Now, think about your friends and family. What do they possess that you have access to? Do you know someone who is a fantastic marketer? Do you know someone who is a copywriter? A lawyer? A mechanic? A chef? Everyone you know is a resource to you. You are not an island! You have access to the talents, skills, knowledge and resources of everyone around you. You may have to barter with them for their resources, but what they have is available to you!

Let me give you an example of what I mean here. My friend, Alanna Webb, and I have


been developing internet communities since 1995. We have lots of friends who are webmasters of large internet communities which represent millions of page views of internet traffic per month. A couple years ago when the bottom fell out of the banner ad industry, many webmasters were struggling financially. Through a serendipitous string of events, Alanna learned about a type of advertising that some businesses were buying up like ice cream on a sweltering July afternoon. In addition, they were paying excellent rates for it.

Not only were our sites candidates, but also were those of our friends. So together, we started an advertising network and sold these advertisements on all of our friends’ sites. In a period of 6 months, we sold over $50,000 in advertising revenues for our friends and ourselves. It helped a lot of people put food on the table while solving a marketplace need.

So as you assess your resources, look beyond yourself! When you think creatively, you make the pie bigger for not only yourself but for those around you.

About the author:
Marnie Pehrson is an author and developer of multiple web sites including www.IdeaMarketers.comand www.BelieversAtWork.comThis article is an excerpt from her ebook "Bullet-Proof Your Business with Multiple Income Streams" available from www.MarniePehrson.com

 

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