4 Things About Multiple Streams Of Income You Should Know

Written by Lisa Cope

Earning a steady monthly income online is something that eludes many online marketers. One ofrepparttar main reasons for this is because they have not learned how to maintain multiple streams of income. So many will focus all of their energies and marketing dollars into promoting one single product or program and if they don't generate sales from this each month they will have no income.

So what isrepparttar 117398 key to earning a steady monthly income online?

1. You must have multiple streams of income.

You've heard that old adage " don't put all your eggs into one basket " The same holds true when you are running an online business. To insure a steady flow of income each month it is extremely important to have multiple streams of income.

2. What are multiple streams of income?

Good question. Basically it is when you have income coming in from more than one source at a time.

Imagine having 3 jobs with 3 paychecks. If this wererepparttar 117399 case you would have multiple streams of income. Lucky for you this is notrepparttar 117400 type of income streams I am referring to. I just wanted to give yourepparttar 117401 basic idea. Now in an online business it is much easier to achieve multiple streams of income and it doesn't require that you hold down more than one job. I bet your relieved to hear that!

3. How do you get multiple streams of income?

I know what you may be thinking "it's hard enough to keep one income coming in how am I going to manage to get multiple streams coming in atrepparttar 117402 same time?" I'm glad you asked. It's really not as complicated as it may sound.

As a matter of fact if you have your own business website you may already be earning multiple streams of income.

If you sell a product or a specific group of products and you also sell advertising on your site then you are earning an income from two different sources. Are you earning commissions from an affiliate or partner program? That is another stream of income. If you are generating profits from backend sales add that to your stream.

So as you can see it's really not that difficult to earn multiple streams of income.

4. Why is it so important to have multiple streams of income?

Public Domain Profits

Written by Stephen Bucaro

---------------------------------------------------------- Permission is granted forrepparttar following article to forward, reprint, distribute, use for ezine, newsletter, website, offer as free bonus or part of a product for sale as long as no changes are made andrepparttar 117397 byline, copyright, andrepparttar 117398 resource box below is included. ---------------------------------------------------------- Public Domain Profits

By Stephen Bucaro

Copyright law goes back torepparttar 117399 founding fathers who, in order "to promoterepparttar 117400 progress of science and useful arts" in Article I, Section 8 ofrepparttar 117401 Constitution, secured for authors, artists and inventorsrepparttar 117402 exclusive right to their work for 28 years. In 1909,repparttar 117403 Copyright Act allowed that after 28 years, protection could be renewed for another 28 years. In 1978,repparttar 117404 law was revised to provide protection until 50 years afterrepparttar 117405 creater's death. The 1978 law also extended previous unexpired copyrights for another 47 years.

To put it in simple terms, anything created before 1923 is now inrepparttar 117406 public domain. Anything created between 1924 and 1963 is inrepparttar 117407 public domain unlessrepparttar 117408 copyright was renewed. Most ofrepparttar 117409 time these copyrights were not renewed because eitherrepparttar 117410 owners weren't making any money offrepparttar 117411 work, or they just forgotrepparttar 117412 deadline.

Have you noticed a lot of TV commercials using rock music written inrepparttar 117413 early 60's. Why be creative when you can steal somebody elses work who didn't renewrepparttar 117414 copyright?

Another question - can we profit from material inrepparttar 117415 public domain? Yes, but you may need to be a little creative to do so. And guess what? Once you modify something inrepparttar 117416 public domain, you automatically have a copyright onrepparttar 117417 modified version - until 50 years after your death! Unless you're a corporation, then it's 100 years!

And some of that public domain material is high quality - from authors like Shakespeare, Poe, Dante, as well as well-loved favorites likerepparttar 117418 Sherlock Holmes stories by Sir Arthur Conan Doyle,repparttar 117419 Tarzan and Mars books of Edgar Rice Burroughs, Alice's adventures in Wonderland by Lewis Carroll, and thousands of others.

Add to thisrepparttar 117420 fact that you can use anything created byrepparttar 117421 Federal Government or its employees inrepparttar 117422 course of their duties. You paid for it with your taxes. This gives you access to millions of great photographs, including those taken by NASA.

You can get these public domain materials TOTALLY FREE and keep allrepparttar 117423 money when you sell them. Let me give you a few profit ideas to get your creativity started.

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