Monday, April 13, 2009

Techniques to Win Economocally


2. Multiple Streams of Income

It doesn’t take a rocket scientist to add things up in an 8.6% unemployment rate in America with prospects of that reaching 15%. Today, no one has a secure job. The “One Income Source” job is MAD (Mutual Assured Destruction). Today, you need to have multiple sources of income. Do a quick Google search and find out that the wave of the future financial success will be from entrepreneurs, Home Based Businesses (HBB) and Multi-level Marketing (MLM) businesses. It is easy to get involved in a HBB or MLM enterprise today with little to no money out of pocket to start. Through entrepreneurial thinking, you can sell your talents, skills or knowledge to others by helping them succeed. For example, I put up $500 for a friend to remodel a boat which he did and then put it on eBay and we split the profit where I almost doubled my money. Another example, my son used his and my building knowledge to start a Home Inspection business that he inspects a house to two a month. You can learn to use eBay or Craig’s List to buy and sell items and make $100’s a month.

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