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Keep Business Steady With Multiple Streams Of Income
If you were investing in the stock market, you would diversify your portfolio. It makes sense; that way, if a stock falls, you dont lose everything. Well, the same logic applies to online businesses. You dont want to keep all of your eggs in one basket. What happens if people stop visiting your blog for a week, which happens to be your only source of income? You dont make any money that week. But if you had other business ventures in place, the money would keep rolling in....
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LinkedIn Recommendation:
Royal Camacho - Adviser at Genebro Por. - We are working on several projects now and I think this is a great fit. Teo brought me up to speed on several new tax and legal issues, which I am working with my lawyer and accountant on now. He knew no lawyer or accountant has ever even mentioned before... he's a true genius when it comes to simplicity for organizations like mine! Highly recommended! - March 15, 2012, Royal was Teo's client |
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