You Should Create Multiple Income Streams by Bo Sanchez

     The ballgame of earning money doesn’t change.

            In good times or in bad, you still have to create multiple income streams.

            Whether the economy is flying or diving, growing or shrinking, it’s still not wise to depend on your job as your only source of income.

            Let me tell you the story of three friends—Joel, Martina, and Phillip.

            Joel was laid-off last year. He got hit by the sub-prime crisis in the US.

            Martina got laid-off three years ago, not because the economy was bad, but because it was good. Her company was doing so well, a bigger company bought it—and booted her out. 

            Phillip lost his job not because of the economy or because of a merger, but because of a personal conflict. He lost his job simply because his boss didn’t like him. He was forced to resign.

            You see, it doesn’t matter whether there’s a recession or not. It doesn’t matter if the stock market is crashing or rising.

            Your goal is to have multiple income streams.

            So that you’re not dependent on your job.

            I want you to enjoy what I enjoy now. After years of working on them, I have 16 income streams flowing into my life.

            Hey, you don’t need 16.

You just need 2 or 3 or 4 to experience a big difference in your finances. Perhaps a small business. Perhaps a rental property. Perhaps a stock investment. Etcetera.

            How do you begin? Keep your day job, and start a business or an investment on the side.

            In my visits to the US and Canada, I’ve met so many people who have 2 jobs. They work 16 hours a day. Some of them even have a third job—by working on Saturdays and Sundays.

            I always tell them that the better alternative is to have one job, and then try setting up a small business or investment on the side.

In 2010, pray for an additional income stream to open up for you.

Make it a daily prayer intention.

This is my goal for creating the TrulyRichClub. 

Through the TrulyRichClub, I encourage its Gold members to create multiple income streams. Constantly, I inspire them with ideas and share important strategies to create many sources of income. 

How do I do this? I expand their faith. I stretch their thinking. Exclusive Gold members of the TrulyRichClub receive two of my audio PowerTalks every month and a weekly WealthStrategies newsletter. (Plus much, much more!)

I’ll be your coach. I’ll keep pushing you until you act. Gold Members of theTrulyRichClub receive a constant stream of inspiration and information to push you to pursue your financial dreams.

For more information on the TrulyRichClub, click the link below:

Yes Bo, I Want To Grow My Multiple Income Streams.

 

May your dreams come true,

 

Bo Sanchez

PS. The TrulyRichClub itself can be an income stream for you. It’s too long for me to explain here. You can just check it out by clicking the link below:

Yes Bo, I Want To Grow My Multiple Income Streams.