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How to Create Multiple Streams of Income, Part 1



AliExpress by Alibaba.com


You've must have read the phrase "multiple streams of income" numerous times on your journey searching for wisdom on the Internet. Regarding to Robert G. Allen, multiple streams of income are the stock market, real estate and the Internet. I prefer to add paycheck to this list as well. Most of us don't feel comfortable to give up the security of a steady income, at least not in the beginning.

During the next few months I will publish new articles about my very own experiences with building multiple streams of income. Although I just recently started, I have a lot to share and I hope I will inspire someone to avoid the mistakes I made, and still will make.

Please join me on my journey to financial freedom through my home-based business on the Internet. I will cover my experiences and mistakes with the stock market and in the real estate business in separate articles. For now I'm focusing on the Internet business.

I wasted hours and hours searching for the almighty golden key to financial freedom. I spent a lot of money for worthless e-books and signed up to almost every newsletter there is. Until I had to switch email addresses. My inbox couldn't keep up with the massive stream of useless emails.

What did I learn so far? Somebody else got a little bit closer to financial freedom, certainly not me! I was in desperate need of either giving up or dramatically changing my strategy. I'm not a quitter and whatever strategy I used, if so, it must change or I will find myself in financial hell.

Don't get me wrong. I'm not looking to make money out of thin air. I actually don't believe in the get rich with no money schemes. The only person getting rich is the author of the book! Some of these strategies may work in theory, but I've never seen substantial results in the long run. I might be wrong on this one, if so, please send me your opinion and experience with this business strategy.

Here's another advice; it takes time, lots of it. Don't rush yourself into hasty decisions just because you think it is a hot deal. Do your homework and research the deal as good as possible. If this is the true "hot" deal, it will be around for a while. Otherwise it's just another rip off scheme and someone else is making the big bucks. If you come across these 30 days to success guides, give yourself at least 60 days to achieve your success. Remember, patience is one of the key factors to success. Read the guide in its entirety and slowly start implementing these suggestions into action. Always keep track on what you did and double check after a few days or weeks, if it's working. Make changes as necessary.

I really don't remember how I got started with the idea of building my own home business on the Internet. I believe that I was searching for ways to increase web traffic to my real estate site. During my research I came across all these websites promising thousands of visitors to your site. Most of them are free, but you spend hours after hours to generate enough credits for your own site to be shown. And when the site is shown, guess who's looking at it? Another sleepless soul, who is looking to increase traffic to their site. This is not exactly the type of customer you're looking for.

After a while I thought, hmm, if I add a banner from a banner link exchange, then I will be able to trigger more targeted hits to my website. So I continued clicking night after night through these exchange services with little or no success. I wasted countless hours in front of the computer. My advice; stay away from these exchange services. Most of them are pure pyramid marketing schemes anyway. There are no real products or useful services offered by these sites.

At this point I started to discover the power of affiliate programs. And this, my friends, is the real deal! I'm not saying this just to get your attention; I'm speaking from experience. Affiliate programs come in any shape and form. Some are pure product reselling machines, others offer incentives for recruiting new affiliates and many are offering a combination of both. The real value behind this concept is; you get endless training material to sharpen your marketing skills. There are real products to sell and there is real money to make.

The mother of all affiliate programs is SFI. I joined them as soon as I learned the details and the benefits of their program. Later on I read about Stone Evans and his incredible services he offers. In fact, Stone is to blame that I'm writing this article.

So far I got off a good start with SFI and Stone Evans. I will keep you posted, if you like, in my next article.

Sincerely,
Peter Dobler
(c) 2005

Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner.
Get your own personal 24/7 money maker at http://www.mypluginhomebiz.com (Free setup in 24 hrs) or send a blank email to mailto:pdobler@getresponse.com to learn more about viral marketing.

AliExpress by Alibaba.com


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Viacom forecasts growth rebound in US ad sales, affiliate revenue - Reuters

Reuters

Viacom forecasts growth rebound in US ad sales, affiliate revenue
Reuters
Domestic affiliate revenue, or the fees collected from U.S. cable and satellite operators and online distributors, fell 4 percent to $934 million in the quarter. Analysts expected a 4.2 percent drop, according to FactSet. Net income attributable to ...
International TV Growth, Paramount Gains Power Viacom Q2 EarningsVariety
Viacom says turnaround is on track, profit beatsMarketWatch
Viacom Says Its Turnaround Is On TrackWall Street Journal
Forbes -Deadline
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Viacom's US Ads Dip, Global Business Up - MediaPost Communications

MediaPost Communications

Viacom's US Ads Dip, Global Business Up
MediaPost Communications
Viacom posted better quarterly results than expected -- but domestic advertising growth still slowed. Viacom's U.S. advertising was down 3.4% to $841 million in the first quarter, slightly better than analyst' projections. This compares to the previous ...

and more »

Film, TV divisions slip but cable networks drive Fox in Q3 - Rapid TV News

Rapid TV News

Film, TV divisions slip but cable networks drive Fox in Q3
Rapid TV News
US affiliate revenue increased 10% driven by contractual rate increases across all brands and advertising revenue increased 3% from the prior year period due to higher pricing at Fox News. Non-US. International affiliate revenue increased 14% driven by ...
Twenty-First Century Fox gains as cable revenue rises 10%CNBC
21st Century Fox revenue dinged by NFLMarketWatch
21st Century Fox Reports Higher Quarterly ProfitsBroadcasting & Cable
Mediaweek -Indiantelevision.com -Motley Fool -Zacks Investment Research
all 301 news articles »

Strong Box Office and Park Attendance Power Disney's Results - Motley Fool

Arkansas Online

Strong Box Office and Park Attendance Power Disney's Results
Motley Fool
Disney blamed the drop on higher programming costs at ESPN, which was partially offset by affiliate revenue growth and higher advertising. The company also said that investments in BAMTech -- the company's streaming segment -- played a part in the ...
Marvel Is Open To Having A New Black Panther In SequelsScreen Rant

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Inside Allure's beauty box business - Glossy

Glossy

Inside Allure's beauty box business
Glossy
On top of subscription, sponsorship and affiliate revenue, the Beauty Box inspires more content against which Allure can run advertising: Each box gets its own unboxing video treatment on YouTube, and social media posts for the boxes are often ...


What To Expect From Disney's Q2 - Forbes

Forbes

What To Expect From Disney's Q2
Forbes
The flat Media Networks results were driven by growth in affiliate revenue, offset by a decrease in advertising revenues. The company was largely impacted by higher programming expenses at ESPN due to the first year of the new NBA contract and ESPN's ...
Disney beats — but ESPN continues to struggleBusiness Insider
Disney's Q2 media networks income sinks due to ESPN, Freeform strugglesFierceCable
Should Disney Be Getting More Out of This Quarter?24/7 Wall St.
MediaPost Communications -Business Wire (press release) -Seeking Alpha
all 371 news articles »

Disney Blames College Football Playoffs, NBA Games for ESPN Profit Slump - Zacks.com

Disney Blames College Football Playoffs, NBA Games for ESPN Profit Slump
Zacks.com
The company specifically mentioned that higher programming costs at ESPN were partially offset by affiliate revenue growth and higher advertising growth. “The programming cost increase was due to a shift in timing of College Football Playoff (CFP) bowl ...


Fox Revenues Dip, Execs Mum On Comcast Interest - MediaPost Communications

MediaPost Communications

Fox Revenues Dip, Execs Mum On Comcast Interest
MediaPost Communications
Fox's advertising revenue sank 25% to $1.6 billion, while affiliate revenue grew 11%. Advertising results were affected by its broadcasting business' unfavorable comparisons to a year ago, when it had the Super Bowl, as well as three fewer NFL ...

and more »

Viacom Soars on Affiliate Revenue Forecast - Multichannel News

Multichannel News

Viacom Soars on Affiliate Revenue Forecast
Multichannel News
On a day when the Dow Jones Industrial Average officially entered market correction territory, and despite disappointing revenue growth in its fiscal first quarter, Viacom stock soared Thursday after the programmer increased its forecasts for ...


4 Key Takeaways From Disney's Q2 Print - Benzinga

Benzinga

4 Key Takeaways From Disney's Q2 Print
Benzinga
Total cable and broadcast affiliate revenue rose 5.2 percent in the quarter, which exceeded the 4.5 percent the analyst was expecting. While overall subscriber erosion continued in the quarter and was down 3 percent from one year ago, the ramp of ...


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