multiple sources of income Archives - I Am Dawn-Marie

10 Ways To Create Multiple Streams Of Income

Dawn-Marie — Sat, 17 Aug 2019 20:43:21 +0000

One of the wisest millionaires in the world, Mr Warren Buffet, said “never depend on a single income”.

If you told me that three years ago, I would have told you to

…shut yo mouth! Ain’t nobody got time for that.

You see, when I started ever pursuing the idea of being my own boss back in 2014, joining other network marketing companies to add another income stream was a big NO NO.

They would say that it was impossible to promote two companies at the same time.

But… you know the saying “never put all your eggs in one basket?”

Well in network marketing, they did the opposite and encouraged it.

At the time it did make sense and I told myself that

sometimes it is best to focus on one thing at a time.

But… And There Is Always A But

As I moved on to other things I realised that I was capable of creating other income streams for myself and it was not such a bad thing.

I understood that sometimes you have to prepare yourself for the unpredictable. Financial security is a concern for most of us and the average person wants that protection for their family and their future.

If you have a job, what would you do if you were suddenly fired the next day?

With no income coming in, how would you pay the mortgage and the bills?

This is why it is so important to have that back up plan. Some people’s jobs are already demanding and to think of adding extra work can be a tedious thought.

But regardless, it is so crucial to the continuation of cash flow that you have another income stream that you can rely on if one fails.

Here Are 10 Ways To Create Multiple Streams Of Income

1. Affiliate Marketing

Affiliate marketing is one of the easiest ways to create multiple streams of income.

|Blogs or Websites

If you have a blog or website, you can join affiliate networks to find products that you can review on your own website. If you do not want to do a review, then you can write blog posts where the product is the subject of the post.

For example, you may choose to join a fashion affiliate network and write a blog post about Fashionable Outfits for The Millennial Male Or Female. Within that post you can then recommend a few fashion pieces selected from the affiliate network where if the viewer clicks on the product and makes a purchase, you will receive a commission.

Some of my favourite affiliate networks are:

ShareASale
Panthera
CJ Affiliate By Conversant (Formerly Commission Junction)
Rakuten Marketing
Amazon Associates

In order to start earning from these affiliate networks, you must sign up to them. Once inside you can search for any product that you want to promote then simply write a blog post and mention the product and offer your readers to try the product. Do not forget to include your affiliate link within the post.

|YouTube

Another good place to use affiliate links is on YouTube. If you have a YouTube channel you can always speak to your viewers about the products and recommend it to them.

A great way of promoting affiliate products on YouTube is by doing product reviews. This will of course require you to purchase the product before hand so you can use it, test it and finally give an honest opinion about the product.

If you are an affiliate for a digital product, like a training course, you can do a walk through of the product, showing your viewers what’s inside the course and what they will learn.

A lot of people love testimonials so this acts as a benefit to both you and the viewer – it’s a win win.

|What You Should Know About Affiliate Networks

The great thing about affiliate networks is that they are free to join. If you do decide to join any of the networks mentioned above, be sure that you have a proper blog or website created with content on it, as the affiliate managers do check them before they approve your application.

If you do not have a blog or website and you’re ready to start one then be sure to read my article where I show you how to start your own website or blog for the low price of $3.95 a month with Bluehost.

|Affiliate Programs

If blogging or having a website is not your thing then you can consider joining an affiliate program. An affiliate program is a stand alone company that allows you to promote their products directly and gives you all the tools and training you need to get started.

What I like about affiliate programs is that you can promote your affiliate link on any social media platforms, recommend the product to friends or family or you can learn how to send a lot of people to your affiliate link so that they may purchase the product if they choose to. Blogging or having a website is not necessary.

In order to promote affiliate programs however, you must own the product. That would therefore entail purchasing the company’s product. Sometimes this can start from as low as $5 and go all the way up to $5000 or even $10,000.

The good side to this is that you get a percentage of the sale when you refer someone to purchase the product. This can be anywhere from 50% up to 100% of the purchase price.

It is a great idea to purchase the company’s product because you can use the product and give honest recommendations to other people which may influence their buying decision.

Related Articles:

2. Write An E-book

Writing an e-book that contains content related to your niche can be a very successful way of producing another income stream that generates income passively.

However, there is a lot of work in the beginning that goes into creating an e-book.

But, it is not as hard as you think. Anyone can create an e-book, upload it to Amazon and sell it.

Firstly you need to have some creative thought in what goes into the e-book. Your e-book can be on any topic but you want to be sure that it is a topic that people are searching for or need help with.

Once you have made up your mind as to content, you can create a PDF document from a Microsoft Word file.

You can then upload your content on Amazon Kindle Direct Publishing and put it for sale. If you are using Amazon be sure to look at the prices of other e-books in similar categories so that your price can remain competitive.

If you do not want to use Amazon, you can sell your e-book on your own website (if you have one) or make an arrangement for an affiliate network to host your book so that affiliates can promote it for you.

3. Sell Your Own Products On The Internet

Like the e-book idea, selling your own product is another way that you can generate an income passively.

It can be any type of product that you want, although the most successful products are those that help solve people’s problems.

Your product can be a physical product or a digital product and come in many different forms – a book, a DVD, a CD or software.

You can sell your product on your own website if you have one or arrange an affiliate agreement with an affiliate network to host your product for you.

4. Create A Blog And Monetise It

Blogging seems to be very popular and for good reason as many bloggers are making passive income from their content.

In order to make money from a blog you can monetise it with affiliate marketing as I mentioned above. A blog can be in any subject area but to ensure that it is successful you should focus on a blog niche that is highly profitable as not all blogs are created equal.

Here are six blog niches which are the most profitable and from which you can earn a full time income if it is created well:

How to make money
Personal finance
Health and fitness
Romance and dating
Beauty and Fashion
Hobbies and Activities

I went into a lot more detail with these niches in my article 6 Profitable Niche Markets For Affiliate Marketers And Bloggers. Be sure to check it out to help you decide where you should start blogging.

You can also monetise a blog with ads from Google Adsense. You must apply to Google in order for ads to appear on your blog or website.

One word of caution though, Google Adsense will only approve your application when you have a decent amount of traffic running to your blog.

If you do not want to use Google Adsense, you can also sell advertising on your blog depending on the amount of traffic it is getting. To sell advertising on your blog or website, you can use the website Buy Sell Ads which allow you to promote your own website for advertising gigs.

There are people who will pay you to place their own ads on a site that is receiving a good amount of traffic with the expectation that doing so will drive traffic to their own sites and offers.

Related Article:

5. Set Up A Store

Setting up an online store is really not hard. In my article How To Start An Online Clothing Store, I walk through the set up process with you step by step.

There are companies like Shopify, Woocommerce or Ebay, that make it easier than ever to launch your own store.

By selling products that people are passionate about and looking for, can help you to generate substantial revenue.

|Dropshipping

If you are worried about having to stock inventory or post items to customers then you may want to use the dropshipping model when operating your store.

Dropshipping is an eCommerce arrangement where you agree with a supplier to provide and ship the product to your customer on your behalf. This removes the requirement to hold inventory or worry about the shipping process as it is done for you by the dropshipper.

Whilst this model makes running an online store more effortless, getting started and building a profitable eCommerce business is a lot of work. I am not saying this to discourage you, but rather to manage your expectations. At the end of the day, nothing great comes easy right?!

Hey, if you are brand new to eCommerce or are looking for some additional help in getting started with eCommerce, getting your online store set up and getting your first online store sale then I would highly recommend The Sellosity Labs ecommerce course.

They have a step by step video series to help you master eCommerce in any niche that you choose. Some of the students have been getting awesome results in one month or less and it was how I grew my very own Shopify store to $7k in sales in less than a month. You can read my own success story here.

Check out the Sellosity Labs course here and you will also receive my free clothing wholesaler’s list in your inbox as a bonus gift.

Happy selling!

Related Articles

6. Create An Online Course

Do you know how to do something and can teach it to other people?

Then think about how you can generate revenue for yourself with an online course.

There are many programs like Clickfunnels, that allow you to build out a website easily with drag and drop features, upload training videos and prepare your course ready for release.

I recently found a website called Teachable that also allows you to create online courses effortlessly. Teachable provides the platform for you to upload your content and easily integrate payment processors so your students can pay for your course.

What can you put in your course?

Anything that you can teach other people basically. It can include video “How To” lessons, mini e-books, audio lessons, checklists for completing steps recommended in your videos or expert interviews.

The opportunities are endless.

Now whilst the idea of creating a course is the easiest thing that anyone can do, it is a lot of work in the beginning.

You have to prepare course materials and video content but hey, after all the hard work comes the easy part. Simply promote the course on the internet and generate an income passively.

7. Freelancing

If you can do certain tasks for other people and get paid, then why not?

Websites like Upwork, Fiverr or Elance allow you to promote yourself for jobs that other people want completed.

If you are creative or have a special skill or talent, set your own rates and get yourself hired.

Whilst this is not a passive income source, you can earn a decent income to get cash flow running by which time you will be able to fund other income opportunities to create more passive wealth.

8. Build An App

Almost everyone has a smartphone.

Why not take advantage of this and build an app that helps people solve a problem and make their lives easier.

There are billions of app downloads everyday.

If you know nothing about building an app you can hire a developer to do the job for you. The outlay might be expensive but if you have a professional-looking app that helps people, think about the profits you can make.

An app is just one of those products that you can put on the internet, like Apple Itunes or Google Play and generate massive income passively.

9. Start A YouTube Channel

300 hours of video are uploaded to You Tube every minute and there are 32.5 billion hours of video watched every month.

Many people are turning to YouTube to create an income.

How YouTube works, you upload videos that people want to see.

In fact, any type of video can generate tons of interest helping you earn an income.

You must also enable Google Adsense on your channel so that if someone clicks on an ad, you get paid.

The type of videos that are popular these days are music videos, how-to videos, comedy videos, lifestyle videos.

The key will be to create as many videos as possible to attract an audience of people who come back to your channel so that you can create a decent income.

10. Sell Your Pictures

Do you like photography? Well sites like Shutterstock or Canva allow you to use their platforms to sell your photographs to users who are looking for visual displays.

A single image can generate a passive income for you if it is being used over and over by millions of users across the web.

The good thing is, you only have to do the work once and then let the platforms do the heavy lifting for you.

Bonus: Wouldn’t you like to learn how to create multiple streams of income?

If you are looking for the ultimate guide to learn how to get multiple income streams in your business, then my free Profit With Affiliate Marketing course is the right start for you.

Learn how to create a profitable affiliate marketing campaign and generate as many streams of income as you can, from different affiliate marketing programs.

Once you know the basics of affiliate marketing and how to promote any product online, you can set up multiple businesses as you wish.

I have created this training so that it is great for beginners who are new to online marketing and need hand-holding or over-the-shoulder coaching.

If this interests you then you can check it out by clicking here.

Related Articles:

Cheers,

P.S Are there any particular questions that you had about this post that did not get answered? Leave them down in the comments.

P.P.S Hey have you subscribed to my YouTube channel yet?? Come on over and say hi. I give away free online marketing tips.

The post 10 Ways To Create Multiple Streams Of Income appeared first on I Am Dawn-Marie.

An Easy Way To Create Multiple Income Streams Fast From One Program

Dawn-Marie — Thu, 19 Oct 2017 22:43:59 +0000

UPDATE: I no longer promote this affiliate program. This is why all the links are removed. The best way to have a sustainable living is through multiple sources. If you are only earning money from one source then it is time that should change.

For your own interest and to ensure that you continue to generate cash flow, it is important that you subscribe to different sources that can earn you an income so in the event that one source dies, you have others that will support you and your family.

Usually when people create income streams from multiple sources they do so using different business ideas. For example, they may create a virtual assistant business, a social media agency or an affiliate marketing blog and master each one in turn before they go on to the other.

There is nothing wrong with starting income streams this way and mastering each of them however the problem with this is that when you decide to venture into more than one opportunity, it takes time to get things set up with the tools that you need and the expertise that you need to grow.

As a beginner you may also want to avoid the overwhelm so your aim will be to focus on just one project and income stream at a time.

When I started in my online journey I started with one business idea. I did not feel like I could take on any other opportunity as I was already exhausted with promoting and marketing the business.

It was only when I felt comfortable to move on to another opportunity that I did so. But that was after I ensured that my first business was stable and running well.

But as time went along and I wanted to improve my income quickly, I had to find a better business model that allowed me to do so.

I wanted to find a way to earn an income consistently and from multiple sources at the start without compromising on time and expense. Neither did I want to do a lot of research into business models and waste time trying to figure out if they would work.

I needed to find one business model that would cater to the following points:

Being inexpensive to run
Multiple sources of income incorporated
The ability to earn and learn at the same time
Ongoing support from a fantastic community

The Four Percent Group

As a new business owner and to get clients I knew I had to spend some time marketing and promoting my business.

I did not want to invest in too many business ideas and separate each business idea with its own marketing strategy. That would involve building different websites, email lists and sales funnels and therefore more money.

So I researched a few business ideas and came across the Four Percent Group. The Four Percent Group is an education platform that teaches everything about internet marketing and how to build a successful internet business.

One of its features and which was attractive to me was the ability to “unlock multiple streams of income” which they said they had over twenty.

The creator, Vick Strizheus does a really good job at incorporating these streams of income into the marketing tools that you use so it was a simple way of promoting one product and unlocking the other income streams without any additional effort.

And for someone who likes ease and simplicity and not having to be overwhelmed with too many risky business ideas, this was a great way at earning many different streams of income under one umbrella.

If you are interested in signing up for a membership, I would like to show you how I use the Four Percent Group to earn multiple income streams by promoting one product.

It’s a genius way of leveraging the affiliate programs of essential marketing tools for your business and using those same marketing tools to build a super internet business.

This makes it easy and fast to hit the ground running with multiple income streams in one place and saves a lot of time and money in advertising and ad spend.

Read till the end for your special discount.

How I Use The Four Percent Group To Earn An Income From Multiple Sources Without Having To Join Many Programs (A Super Fast And Profitable Way)

The Four Percent Group is a master webclass that teaches upcoming entrepreneurs how to start an internet business from scratch.

Every internet business needs marketing tools which include a website, lead capture page, an email marketing software and a tool to track your links.

This is a must if you want to get people to opt in to your content and to start building an email list. If you do not yet know the importance of building an email list then you can read my article here.

In order to maximise your affiliate income from the Four Percent group Vick integrated these necessary marketing tools into his education program and teaches his students about the importance of capturing leads and building an email list.

Naturally students will get these tools and they can become affiliates of these same marketing tools thereby unlocking the multiple income streams.

As students learn and acquire the skills they need to become internet marketers and if they recommend the learning course to other potential students who get the same marketing tools then referring affiliates would have created multiple streams of income effortlessly and easily.

This is how you can use the Four Percent Group to create multiple income streams without the hassle of promoting numerous products.

How This Works In Practice

When you log into the Four Percent back office you are directed to activate your MSI’s (multiple streams of income).

This process involves getting your marketing tools all set up ready to start your business. It is the key to actually building an internet business and by setting up these marketing tools within the Four Percent platform make it easier for you to generate different income streams without promoting each product individually.

When you click on the MSI tab you will see that you are directed to create accounts with Clickfunnels, LeadPages, Clickmagick, GetResponse, Aweber, Udimi and Namecheap.

If you do not want to use all the tools you do not have to. However to maximise your potential at receiving as many streams of income as possible I would recommend joining as an affiliate for all the companies.

The main tools however that every internet business needs and you as well if your goal is to learn how to create an internet business is a domain or URL, lead capture builder, an email marketing software and link tracker.

So at most you should create accounts with Namecheap, Clickfunnels, Aweber or GetResponse and Clickmagick.

Namecheap

Namecheap provides domains for the really cheap price of $0.99 for the year. Starting a domain is really simple.

The reason why you want a domain is because it will eventually connect to a website which is your home on the internet.

Every internet entrepreneur has a website of some form otherwise they won’t be in business right? Think about this. If you have a brick and mortar store, you house your products in a building right? Well the website is the same thing. It houses your product or service that you will promote later on.

Related Article: Don’t know what product to promote? Click here to read 10 High Paying Affiliate Marketing Programs For Marketers or read 6 Profitable Niche Markets for Marketers

Clickfunnels

Next is your lead capture page builder. This is how you will capture the email addresses of your potential customers or clients to start building your email list. Read why it is crucial to start building your email list early here.

The lead capture page builder that the Four Percent Group recommends is Clickfunnels. They have a 14 day trial that you can start to see how the software works, then it costs $97/month thereafter.

You can see it in the list of MSI and it is another essential marketing tool which you can use to sell products, capture people’s information including their name and email address and integrate it with email marketing software like Aweber or GetResponse to start the email marketing process.

Aweber or GetResponse

You will also see that Aweber or GetResponse are included in the MSIs. Both programs have a generous 30 day free trial then starts at $19/month for 500 contacts and $15/month for 1000 contacts respectively.

Clickmagick

Then there’s Clickmagick which is a link tracker. Because you will be using the internet to promote your business, you will have times when you are making money or sales from your website but you do not know which article or traffic source is driving sales.

This is where your link tracker comes in. It is important because it takes away the guess work in trying to figure out what’s working (so you can keep it and make more money) and what’s not (so you can ditch it and not waste time).

Clickmagick has a 14 day free trial and then starts at $12/month or $147/year.

Once you have created accounts with each of the companies and joined them as an affiliate it is important that you stick your affiliate ID into the blank field just as the affiliate company has given you.

Here is an example.

In my Namecheap account my affiliate link is https://www.namecheap.com/?aff=107436 but back in the Four Percent dashboard you will see that they already have the main domain embedded but a blank field for the affiliate ID.

So all you are required to do is place the ID which is 107436 into the blank field.

Once that is done it’s now time to learn from Vick various strategies to start getting customers or clients for your business on the internet.

How Do You Make Money With The Four Percent Group?

When you join the Four Percent Group you are learning a skill and you have also become an affiliate of the company at the same time.

The Four Percent has created different promotional tools that you can use to promote the educational training suite.

So you can promote it to other marketers, online or offline brands, insurance agents, network marketers, bloggers, real estate agents as an education package to gain or improve upon a skill set that they may need to run a successful business.

When you refer other students who purchase the web class suite, that will be your first stream of income that has been activated.

As those students get into the training and start setting up their internet business using the marketing tools recommended and they too start implementing the same steps of creating accounts and adding their affiliate IDs, the MSIs become activated.

Whilst the MSIs are activated you will only earn money from those MSIs when the students purchase the tools.

What Else Can You Learn?

The Four Percent Group is a master web class.

I would like to describe it as an online university. Other subjects that you can learn include:

Traffic Generation Strategies
Internet Marketing Strategies
Email List Building Strategies
What’s Working Now Online
How To Generate $100K In Your Business
Mastering Instagram Traffic
Mastering SEO
How To Keep Your Audience Engaged
How To Build A Highly Successful Ecommerce Store

When you learn and if you like the value given then you are free to recommend the courses and also earn a commission when a student successfully purchases the course.

If you do not have the time to start multiple businesses, then this is a great way to earn multiple income sources from one program.

There are seven income streams from the essential marketing tools and 3 income streams from training courses making that 10 income streams in one program.

Most successful entrepreneurs have 7 income streams from multiple businesses but the Four Percent Group gives you the ability to create 10 using just one program thereby making it easy, accessible and cost effective for you to start earning whilst you are learning.

How Has The Four Percent Group Changed My Business?

Reason #1 Building Relationships

Before the Four Percent Group I would spend a lot of time on my computer chasing people to buy my product.

At the time I really did not know how to sell a product and how to build relationships with people so they can know, like and trust me.

It was through the Four Percent Group that I understood that when I helped more people solve their problems, that I could make more money.

This changed my business as I went from earning absolutely nothing in my first year and a half of working online to earning my first commission within a few days of joining the Four Percent Group.

As I took action and applied every thing that I learnt in the Four Percent Group it was only a matter of repeating the process over and over to make more and more commissions.

Reason #2 Automate My Business

Before the Four Percent Group, a day in my life consisted of waking up at 5am to get ready for my job. Work at my job for eight hours until 5pm. Return home and work on my part time network marketing business for six hours. During those six hours I was on the phone following up with leads, updating my social media and connecting with my team.

I really had no time for myself after my job and in fact I did not know that I could actually automate my network marketing business until the Four Percent Group showed me how.

It was a great revelation which allowed me to have more freedom of time after work so I could spend more time with my family and doing more of the things I loved.

Reason #3 Creating Belief

“If you can see it in your mind you can hold it in your hands”. I never understood the meaning of this sentence until Vick broke it down in simpler terms and explained it to me.

He was always sharing motivational stories with our team and telling us about his humble beginnings as a young entrepreneur.

I was greatly inspired by him and thankful to this day for helping me uncover my potential as the creator of my own reality. All it really takes is believing that you can have anything that you want and taking action to make it happen.

I am so happy that since joining the Four Percent Group I have been able to quit my job and earn a full time income from home.

And I’m not the only one who believes they can have whatever they want. Here are just a few screenshots from my team members and their excitement with the Four Percent Group.

Nang joined the Four Percent Group only a couple weeks ago and got his very first sale on the internet.

Aaron also got a surprise in his email when the Four Percent Group sent him a really nice payment after just three days.

Here’s my favourite. Navinder got huge commissions and was finally able to purchase a brand new Samsung 8. Way to go!

So as you can see we’re all getting results.

How The Four Percent Group Can Help You

You can see how amazing the Four Percent Group is and it can be powerful to help you in your current business or life whether you want to learn a new skill or earn from multiple sources on the side.

The Four Percent Group will give you the confidence to become a leader in your niche and show you how to build a movement to give other people direction and hope.

Think about the lives that you can help change from the skills you will learn which can create a new lifelong career and potentially wealth for you and your family.

This can actually be the difference that you need in your life.

Still Not Convinced?

If for some reason you’re still reading this post and you have not yet made up your mind whether the Four Percent Group is for you let me help answer the one question that is burning on your mind.

What really is in it for you?

Well first of all I am going to assume that you landed on this page because you wanted an easy way to earn money from multiple sources without selling your soul.

I am also going to assume that although you want to earn some money on the side, you really don’t know where to start or how to make money on the internet.

Well I am going to tell you that the Four Percent Group is not a push button system, but it does teach you everything you need to know about making money on the internet. Plus you are able to earn whilst you learn.

It is exactly how I got started and why my team and I was able to earn thousands of dollars on the internet. Simply because we learnt from someone who was already getting results and we applied what we learnt.

Yes I promote the Four Percent Group and I will earn a small commission from them if you join the team, but I only promote something that I have tried and absolutely love because not only have I gotten results but over 20,000 other students are getting results as well.

Now I want to show more and more people how they can be a part of something great and transform their own lives as well.

If that sounds like something that you want then this awesome community is for you. Here is how you get started.

Step 1 Click on this link and watch Vick’s video where he explains how you can earn $5000 to $10,000 per month online.

Step 2 Wait for the timer to count down and a button will appear. Click on the button to get started.

Step 3 Email me at info@iamdawn-marie.com (don’t forget the dash) or get in touch with me through my Contact Page and I will send to you three free exclusive bonuses worth over $350 in value just for joining me through my referral link.

Bonus #1 A worksheet of daily tasks to help you make your first affiliate sale. ($57 value, FREE)
Bonus #2 Using Facebook Groups for Business to get free traffic ($97 value, FREE)
Bonus #3 Drive traffic, increase sales with a simple website that you can build in under 1 hour ($197 value, FREE)

Step 4 Take Action

Final Thoughts

Starting an internet business does not have to cost you a lot of money.

Even if you’re bootstrapping you just have to be smart about where you invest your money.

The Four Percent Group has the highest quality learning modules taught by internet entrepreneurs who have over ten years experience in the industry.

The cost here is a business expense so it is a taxable write off.

Plus you learn so many skills that you can make yourself marketable and offer additional services in your business such as a social media manager, SEO writer, eCommerce consultant or a lead generation specialist.

Hope to see you on the inside. To sign up to the Four Percent Group click here. If you have any questions leave me a comment or send me an email.

Cheers,

P.S Over to you. How many streams of income do you have and how did you get started?

The post An Easy Way To Create Multiple Income Streams Fast From One Program appeared first on I Am Dawn-Marie.