Why You Should Diversify Your Revenue

[00:25] Today’s topic: Why You Should Diversify Your Revenue.

[00:49] The problem of having only one revenue stream.

[01:08] If you are in an agency, think about how you can expand your services.

[01:39] LegalZoom could charge people for setting up their corporation and renewing it.

[02:00] Don’t diversify your revenue stream until you begin making some good money.

[02:24] A drop shipping business is a great way to launch or start.

[02:47] Consider the people in the restaurant business who put all their eggs in one basket.

[03:15] It is easy to get into panic mode if your only income stream is hampered.

[03:31] Think about what your existing customers can also be buying from you.

[03:52] Take one step at a time and don’t compare yourself to the billionaires.

[04:38] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or text us on 310-349-3785!

Why You Should Diversify Your Revenue | Ep. #1474