Multiple Income Streams - An Idea Whose Time Has Come in a Declining Economy: Featuring SFI
by Charles Aki, Ph.D.
Today's Multiple Income Streams Feature is SFI. For more information on this business model, click here.
Below is a reprint of my blog on the case for generating multiple streams of income.
In stocks and mutual funds investing, risk is minimized by owning a diversified portfolio of assets in different industries and family of funds. Just as diversification is essential to reducing losses in investing, so is generating multiple streams of income paramount to avoiding failure and losses in business.
No longer can the average household depend on only one source of income, especially now that our economy is in recession and more people are in danger of being laid off. No business or industry is exempted. Even giant companies in the automobile sector and financial industries are on the verge of declaring bankruptcy and laying off thousands of their employees. Is there any hope or solution for people who face layoffs, loss of income, and other related problems due to the nation's economic downturn?
I believe there is hope, and the solution is in building alternative sources of income. Helping people do this is the main mission of this blog site. It is my hope that whenever you visit this blog site, you will find an idea for making money online.
You may have already noticed the various business ideas and recommendations that have been posted on this blog site the past few days. I promise that more of these ideas will be shared on this blog site in the future. You will be hearing from experts and people who are already successful in implementing these multiple income strategies. I encourage you to read and act on the ideas presented here. If you need additional help, I am available to brainstorm some ideas with you to help you accomplish your goals much faster. Feel free to leave me a comment or request for further assistance; and, if you leave your contact details, I will respond to you as soon as possible.
Today's Multiple Income Streams Feature is SFI. For more information on this business model, click here.
Below is a reprint of my blog on the case for generating multiple streams of income.
In stocks and mutual funds investing, risk is minimized by owning a diversified portfolio of assets in different industries and family of funds. Just as diversification is essential to reducing losses in investing, so is generating multiple streams of income paramount to avoiding failure and losses in business.
No longer can the average household depend on only one source of income, especially now that our economy is in recession and more people are in danger of being laid off. No business or industry is exempted. Even giant companies in the automobile sector and financial industries are on the verge of declaring bankruptcy and laying off thousands of their employees. Is there any hope or solution for people who face layoffs, loss of income, and other related problems due to the nation's economic downturn?
I believe there is hope, and the solution is in building alternative sources of income. Helping people do this is the main mission of this blog site. It is my hope that whenever you visit this blog site, you will find an idea for making money online.
You may have already noticed the various business ideas and recommendations that have been posted on this blog site the past few days. I promise that more of these ideas will be shared on this blog site in the future. You will be hearing from experts and people who are already successful in implementing these multiple income strategies. I encourage you to read and act on the ideas presented here. If you need additional help, I am available to brainstorm some ideas with you to help you accomplish your goals much faster. Feel free to leave me a comment or request for further assistance; and, if you leave your contact details, I will respond to you as soon as possible.
posted by Unknown at 4:34 PM
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