Diversify Your Income Sources
Don't Make Yourself Vulnerable
To A Sudden And Drastic Drop
In Income By Heavily Focusing
On Only One Source Of Income
Don't Make Yourself Vulnerable
To A Sudden And Drastic Drop
In Income By Heavily Focusing
On Only One Source Of Income
I ran into a chart today that vividly illustrates how quickly trends can change and income sources can dry up.
Take a quick look at this chart and come back:
The Utter Collapse Of MySpace
I remember a few years ago MySpace was all the rage and there were hundreds (thousands?) of new products that were continually hitting the market about how to make money with MySpace.
Today, we have the same mania with Facebook.
Tomorrow??????????????????
The lesson to be learned is to diversify your income sources.
Don't be too heavily dependent on one specific type of marketing.
(Hope you didn't get severely hurt by the recent Google update).
This is the era of multiple sources of income.
So, act accordingly.
Consumer Notice:This is an affiliate ad supported blog. That means if you buy something from a link or ad on this site, or based on my recommendation, either expressed or implied, I may get paid an affiliate commission. Helps to pay the bills.
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