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Stats: 16,610 members, 63,839 Topics, 14,492 Comments. Date: March 21, 2019, 4:29 am

Rufai Oladimeji
Lagos State University
English
100Level, Nigeria.
Whether you are a student, unemployed
graduate, underpaid or a well-paid working
class graduate, I will show you how to create
multiple streams of income.

If you want to be financially independent, then
creating multiple streams of income should be
at the back of your mind.

Unless you are a politician or you work in an
oil company – of which not even all of them
are rich, then you need multiple streams of
income to become rich in this country.

Currently, I have 3 sources of income, and I
aim to increase it to 5 in the New Year. Does
this look like something you would also love to
do?
I will show you how I did mine, so you can
copy my model to create multiple streams of
income for yourself.

Note: It isn’t as easy as I will explain here. You
must work hard every single hour and minute
of the day. The more input you have the better
results and output you will see.

How can you create multiple streams of
income for yourself?


Create a Base Income Source

This base income source can be practically
anything that gives you money. This might be
the hardest source of income for you if most
likely you are unemployed or a student and
want to create multiple streams of income.

If you have a job already, then you can
practically skip these steps and move on to the
next one.

One of the mistakes unemployed graduates
make while seeking to create a foundational
income source is looking for a dream job. It
doesn’t exist and most likely would take time
even before it comes.

This foundational source of income is designed
to help you build your financial bank for
expenses that would occur later while trying to
create other sources.

It would also remove pressure from you while
in search of other streams of income. In
essence, any job that pays well is okay for you
to start. But remember to keep your focus on
the bigger goals. This step is basically for
unemployed graduates with no jobs. You can
use this and establish your financial
foundation.

Learn a skill

This point is very crucial because it will set the
pace and open up other sources of income. To
be able to make money outside your main job,
you must be good at something.

I personally love ICT skills because it requires
me to work from my computer during my
spare time. It might be okay to start-up other
offline businesses, but that would require your
presence at the initial stage. This would create
a sort of time conflict.

Skills like;

* Mobile Application Development
* Software Development
* Graphics Design
* Web Design/Web Development

Learning any of these can allow you to start-up
your online company, freelance for people,
carry-out projects, and the money will roll in.

You can click any of the links below to register
for your course of choice. (Links are on the
blog, so please visit using the source link
and get more information)[/b[

[b]Create a Side Hustle


After I learned Web Design/Development and
Content Writing, I quickly moved to start-up
my own online agency where I carried out
projects for clients.

Most times when the jobs became much, I
would outsource and employ people to help.

That was an easy way to create multiple
streams of income aside from my day job. It
didn’t affect my day job because I had
everything already planned out – unlike if I
had started a business.

The good thing about these online side hustles
as a means to create multiple streams of
income is that it requires little investments
(learning fee) and it gives a huge profit margin.

If it costs you 100k to learn software
development, a single project can earn you
more than 500k in a month. The good part is
that your investment fee is a one-time
payment.

Invest in Liquid Portfolios

Nothing gets better than investing when you
are looking to create multiple streams of
income. Every single profit goes to my liquid
financial investments. That way it can multiply
your finances with minimal effort and no
stress.

I have written on the best investments with
low capital, high profit, and zero risks, and I
believe you can check it out.

Once you have completed the 3-steps as I have
explained, you see that you’ve been able to
create 3 good sources of income.
Nothing is better than having money entering
your accounts from several sources. But the
bottom line remains in the fact that you need
to have the skill to be able to compete.
Whichever skill among the ones I have written
is good for you, please inform me and I will
give you more information on it.

I wish you a more financial stable new year in
Advance – but you have to work harder than
usual.

Till we meet again, make sure you subscribe
for more exciting posts.

Source link: smartlazyhustler.com/create-multiple-streams-of-income/

0 Like

Work Hard... Work hard to fix not only your life in this world but also the more important life to come. No time!!!

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