Learn about the myth of multiple streams of income. Find out why you should develop additional income streams only after you have developed one really good one.
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The Myth of Multiple Streams of Income
1. They Myth of Multiple Streams
of Income
Chuck Holmes
Network Marketing Professional
2. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
2
They Myth of Multiple Streams of Income
You’ve probably heard many people online talk about
the importance of multiple streams of income. I am a
fan of it myself, but I see many people make the same
mistake over and over.
3. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
3
They Myth of Multiple Streams of Income
Many people want to diversify before they even have
created ONE successful income stream. That is the
problem. When you’re just getting started in any type
of new business model, you have to invest your time
and money to learn the ropes and launch your
business. Focus is key!
4. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
4
They Myth of Multiple Streams of Income
It’s much easier to be really good at ONE thing than be
okay at several things.
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5
They Myth of Multiple Streams of Income
Regardless of which business model you decide to
pursue, take the time and MASTER you craft before you
diversify and dilute your efforts.
6. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
6
They Myth of Multiple Streams of Income
I made this mistake myself for over ten years. It was a
huge mistake. I tried to create multiple streams of
income because that’s what I read about. It sounded
like a good idea.
7. Individual results will vary. (c) 2018
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7
They Myth of Multiple Streams of Income
As a result, I tried this. I tried that. I made a few bucks
here and lost a few bucks there. I went three steps
forward and then five steps back. I repeated this
endless cycle over and over and over until one of my
mentors eventually sat me down and explained why
you have to focus on one income source.
8. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
8
They Myth of Multiple Streams of Income
Don’t make the same mistake I did.
9. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
9
They Myth of Multiple Streams of Income
Here is my advice to you. Pick ONE income stream that
makes sense to you AND has upside potential and
focus on that. It could be affiliate marketing,
freelancing, network marketing, or something else.
10. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
10
They Myth of Multiple Streams of Income
Once you choose the income stream you want to focus
on, put on your blinders for MINIMUM two years
before you consider doing anything else. This will give
you time to focus and master your craft and get really
good at what you are doing.
11. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
11
They Myth of Multiple Streams of Income
By the time you become successful in that business
model, you can diversify, or just continue to do what
you are currently doing.
12. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
12
They Myth of Multiple Streams of Income
That is the smart way to build a business.
13. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
13
They Myth of Multiple Streams of Income
Think about it this way for a minute. Could you imagine
opening your first business ever, a restaurant, and
simultaneously trying to open and build a successful
dry cleaning and kiosk business? I doubt it.
14. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
14
They Myth of Multiple Streams of Income
You wouldn’t do this because you didn’t have enough
capital, time or resources to make all of the businesses
successful.
15. Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
15
They Myth of Multiple Streams of Income
The same applies to online marketing, affiliate
marketing or network marketing. Focus is key. Now you
know!
16. Suggested Reading
• The Truth About Multiple Streams of Income in
Network Marketing
• The Best MLM Training Advice Ever - Create Multiple
Streams of Income
• 10 Ways To Automate Your Income
Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
16
17. About Me
Chuck Holmes is a top producer in his network
marketing company, which specializes in natural and
organic products.
His company offers a free online marketing system
with capture pages and autoresponders.
Chuck gives his team members 200 free leads each
month and provides tons of training. The company
even has a postcard marketing system. Let’s connect.
(352) 503-4816 EST
chuck@onlinemlmcommunity.com
https://www.onlinemlmcommunity.com
Individual results will vary. (c) 2018
www.OnlineMLMCommunity.com
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