Successful professionals realize that relying on a single source of income is highly risky. That's why many are embracing an alternative income stream. When we really take a close look at what we desire in considering alternative income source, we look at low startup cost, no overhead or inventory and the ability to set our own goals and to work at our own pace. We really rather not have people bossing us around and scheduling what time to start and stop working. Being with our family having more time to spend with our children and freedom to travel and having the extra income to do it really plays an important role. Now, I probably left out one of your favorites, you can just extend the list.
Questions to ask when comparing opportunities: Does it provide multiple streams of income? Is it expandable? Is it sustainable? Is it enjoyable? and is it affordable? Further, will you be marketing everyday services? Is it an emerging wealth trend? Does it leverage non-discretionary dollars? Does it offer state-of-the-art technology and can you create residual income?
For an opportunity that addresses the questions stated and diversifying your income portfolio makes sense, I would love to provide additional information.
Cathy Wilson is an Essential Services Broker/Independent Marketing Representative, 5LINX Enterprises