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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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'Mission Impossible' powers Viacom results beat - Fox Business

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'Mission Impossible' powers Viacom results beat
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Viacom said worldwide affiliate revenue was $1.19 billion, beating estimates of $1.17 billion, according to data from Refinitiv. Total consolidated revenue in the fourth quarter ended Sept. 30 also rose 5 percent to $3.49 billion from $3.32 billion a ...
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A Closer Look At Disney's Fiscal 2019 - Forbes

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A Closer Look At Disney's Fiscal 2019
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In Q1, results at ESPN were comparable to the prior-year quarter as affiliate revenue growth was offset by higher programming and production costs, driven by contractual rate increases, and lower advertising revenue. This trend is likely to continue ...

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What To Expect From Disney's Q4 Earnings - Forbes

What To Expect From Disney's Q4 Earnings
Forbes
Disney's Media Networks revenue for the third quarter grew 5% y-o-y to $6.1 billion, driven by growth in affiliate revenue, offset by a decline in advertising revenues. The segment's operating income declined 1% y-o-y, as higher results at Broadcasting ...

and more »

Disney Earnings Jump Despite Cable Network Unit Decline - Broadcasting & Cable

Disney Earnings Jump Despite Cable Network Unit Decline
Broadcasting & Cable
ESPN was flat as affiliate revenue growth was offset by higher programming and production costs and 5% lower ad revenue. Related: European Commission Clears Disney-Fox With Some Conditions. Broadcasting operating income jumped 66% to $379 ...

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Retail Briefing: Retailers are trying to loosen Amazon's grip on affiliate revenue - Digiday

Retail Briefing: Retailers are trying to loosen Amazon's grip on affiliate revenue
Digiday
As customer acquisition costs through Facebook and Google rise, retailers are turning to publishers for help. Affiliate partnerships with publishers is becoming an increasingly appealing solution for retailers to drive traffic to their sites with ...


Disney's Broadcast, Cable Units Record Revenue Hikes - MediaPost Communications

CNN

Disney's Broadcast, Cable Units Record Revenue Hikes
MediaPost Communications
ESPN revenues were comparable to the prior-year quarter, with gains on affiliate revenue growth. At the same time, that network recorded lower advertising revenue. Broadcasting -- its TV networks and TV stations -- witnessed 21% more revenues to $1.8 ...
Disney's media network revenues rise despite BAMTech, Hulu lossesFierceVideo
Here's what every major analyst said about Disney's earnings and its new streaming serviceCNBC
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What Happened in the Stock Market Today - Motley Fool

Motley Fool

What Happened in the Stock Market Today
Motley Fool
Media networks had a 1% decline in revenue to $2.52 billion, with a 4% increase in affiliate revenue more than offset by a 6% drop in revenue from advertising. Viacom is meeting the cord-cutting challenge by ramping up production of content for ...
What Happened in the Stock Market Today - Nasdaq.comNasdaq

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Disney Caps Off a Solid Year With a Strong Quarter - Motley Fool

PressOracle

Disney Caps Off a Solid Year With a Strong Quarter
Motley Fool
Results at ESPN were approximately flat with the year-ago quarter, which isn't a bad showing given the challenges presented by the changing consumer media environment. Affiliate revenue grew due to contractual rate increases, but it was partially ...
The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2018Business Wire (press release)
Disney's (DIS) Q4 Earnings, Revenues Beat Estimates, Up Y/YZacks.com
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Disney Shares Rise After Big Q4 Earnings, Sales Beat - Stockhouse

Blooloop

Disney Shares Rise After Big Q4 Earnings, Sales Beat
Stockhouse
Operating income increased $150 million to $379 million, due to higher program sales and affiliate revenue growth. Media Networks revenues rose 9 percent to $6.0 billion. Results at ESPN were comparable to the prior-year quarter as affiliate revenue ...
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Amazon oneTag – Using it to Earn More Affiliate Revenue? - Search Engine Journal

Search Engine Journal

Amazon oneTag – Using it to Earn More Affiliate Revenue?
Search Engine Journal
Some time ago Amazon released a JavaScript called oneTag. It helps affiliates see granular sales data and monetize international traffic. This isn't a new program. But if you haven't heard of it, you may profit from learning more about oneTag. Amazon ...


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