How do you create multiple streams of income?
Everyone knows you need multiple streams of income.
It is so dangerous to have just one stream of income and just to rely on
your job to support you. So, let's talk about how you can do it.
It's not as difficult as you think. I can help you. Let's go.
So, everyone knows that you need multiple streams of income. But the problem is,
most people just do not know how to create multiple streams of income.
First, most people just have one stream --their job. I know that was the case for
me. When I first started, I finished out high school.
I went to college i ended up dropping out after 3 years.
And then i got a job. And i just kind of stayed with that job. I tried to fill up
some houses on the side. And I tried to dabble in real estate to
create another stream of revenue. The issue was I ended up losing
everything and did not know what i was doing.
But the lesson that I did learn that was so important
is that you do need multiple streams of income. Because i had kind of done it the
wrong way, when we lost our jobs, both me and my
husband, we ended up bankrupt with multiple foreclosures and
back in my parents basement. It was awful. I literally had 3 kids
and lived in my parents basement. And I was a total loser
with no college degree and nothing else really going on.
And the issue was I thought that i needed to go back to school,
finish my degree and get a better job. Which I did do that.
However, that did not help, okay? It did not help. Once I got the degree
and got a better job i realized i was kind of on this treadmill.
I just kept going and going and trying to chase that next promotion,
trying to chase that next job. I kept going from company to company
looking for my own thing. But the problem is I never was creating multiple streams
of income. I was just looking for a better job with
higher pay. And the issue with that is that's still
just one stream of income. I've literally climbed the corporate
ladder, made 6 figures and got laid off. So, having a better job
just was not the answer. And i'm here to tell you you got to create
multiple streams of income. So, let me tell you how you do that and how you do
it fast. So, the fastest way to multiple streams
of income and what I did... Not exactly what I did
because I'm actually going to tell you a better idea than what i did.
And a faster way to get there is you need to pick a niche,
okay? Or a niche. However you want to say it. You need to pick a niche.
So, what that means is you need to decide what it is that you're going to do.
Where are your passions? Do you love real estate? Do you love photography? Do you
love videography? Do you love social media?
Do you love being a nurse? Do you love being a teacher?
What is it that you love and that you feel like you can do for the rest of
your life? Because working for someone else. And
again, I'm not salary shaming or putting anyone down
for having a job. But if you're watching this video and listening to this,
I know that means that you want multiple streams of income.
And so, what that is going to require is for you to stop
working for someone else. You have to stop trading your time
for dollars. You got to get into what it is that you enjoy
doing. Because I promise you, I make millions of dollars more than i ever
made working for anyone else. And I've had
some great positions --Vice presidencies... You know, high
positions where i made six figures at different banks and different mortgage
lenders. But the issue is that was one stream of income. And you
basically go to work each day waiting for your retirement and then
waiting to die. That's not living. I'm sorry. It's not. The
freedom of having your own time and doing what you love is really what
life is all about. That's why i'm sitting here making these
videos for you. And now I get to do what I love and I enjoy
doing it and teaching it. And now this is what I do and you can do the exact same
thing. But it starts with you picking a niche.
Deciding what it is that you want to do. What area
are you going to focus on? Because focus equals commitment and that
equals value and money for you. So, let's talk
about once you've decided, now what? The next thing that you need to do once
you've picked your niche is decide on a sub niche. Like go further, start
breaking that down a little bit further. So, for example, I do real estate but I
don't do everything in real estate. You know, I don't... You know there's
houses, there's hotels, there's apartment buildings, there's
strip malls, there's actual malls. There's so
much inside of real estate. And before I could be successful and create multiple
streams of income, I needed to decide what it is that I
wanted to do so that i could create multiple streams
within that niche? So, being that I love real estate and I
love single family homes and residential properties,
I have now gotten into owning bigger apartment buildings
and Airbnb. Those are like my 2 primary things that I do. iI still
wholesale. I don't do the fixing flip it as much as i used to. I still have a
couple that i'm doing. But i had to decide what it is that i
wanted to do and then start breaking it down.
Giving you another example using the photography. If you want to be a
photographer, do you want to focus on weddings? Do you
want to focus on children? Do you want to focus on
studio stuff? Do you want like do you want to do animals? There's so
many different genres inside of your niche.
And you can decide what it is that you want to do.
And then take that a step further. So let's go with it. Let's say
the photography example and you love filming animals. You can do pets.
Then you can start partnering with stores that sell pet foods and go to
those stores and then get affiliate money for the clients that
you take pictures of their dogs. Now, you send them to petsmart. And
petsmart pays you an affiliate. And then you tell them about this
awesome website that they could go to to get food delivered and then you get
money from that. So, you basically take your niche. You narrow it down. Do
what you love even more and then find complimentary businesses
that will send you money just for doing that one thing. And then
last but not least, think of other businesses that you can
help. So, I kind of gave it away a little bit when I said, you can go to petsmart,
you can go to different websites that sell things about pets just using the
pet photographer as an example. And you just narrow it down. So, in my
business for example, I have real estate, I have properties.
Inside of our Airbnb properties --our short-term rentals, we
have a welcome book. And in that welcome book, we tell guests about
different restaurants that are in the area. You think i'm doing that for free?
Oh, no. Those restaurants have to pay me a referral fee.
We have to keep our Airbnb's clean. Instead of me just
having a cleaning team, I bought into a cleaning company and now I own a portion
of that company and they do properties not just my own and I see
that revenue and that's another stream. Revenue from affiliate, okay? So, for
example like I said, the restaurant for example,
if people are using different websites... And I tell you about different websites
that you should use. I get money for that, okay? The things
that I do, I show you my properties and i film them
and I show you what I do and I sell that information.
Do what you love and make multiple streams of income
in that very thing that you love. Please take a moment
if you're enjoying what i'm teaching you. I hope that you are. Giving you so much
value. So much tools so much knowledge. So many resources.
I have links below where you can get free training. Please take a moment to
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this and you don't miss anything. I want you to be successful in
your business so you can live the same life that i
live. Owning your time and doing what you love.
This is Noelle. To your success.