In episode #1261, we discuss why and how you should go about building different income streams within your business. It’s not about having multiple businesses, but about knowing how to monetize the various aspects within your sphere. Tune in to hear how you can optimize the low hanging fruit in your business!

TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: How to Build Multiple Income Streams At Once. 
[00:37] Why you should attempt to build multiple income streams, and examples of what we do. 
[01:13] Developing a course that consistently makes you money. 
[01:39] Think of creative ways to monetize what you are already doing. 
[01:55] Taking one asset and putting multiple income streams around it. 
[02:20] Avoid starting too many things and keep streams related to one another. 
[02:47] The importance of having laser focus and when to expand. 
[03:40] Be careful of shiny object syndrome and jumping from one thing to the next. 
[04:30] Looking for low hanging fruit in areas that you have already invested in. 
[05:11] Establish your product and audience before trying to generate income from it. 
[05:37] To stay updated with events and learn more about our mastermind, go to the  Marketing School site for more information.

Links Mentioned in Today’s Episode:
DreamHost 
Leveling Up Podcast
ShoeDazzle
Brian Lee
The Honest Company
Jessica Alba
LegalZoom

Leave Some Feedback:


What should we talk about next? Please let us know in the comments below
Did you enjoy this episode? If so, please leave a short review.



Connect with Us: 
Neilpatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu



Learn more about your ad choices. Visit megaphone.fm/adchoices

In episode #1261, we discuss why and how you should go about building different income streams within your business. It’s not about having multiple businesses, but about knowing how to monetize the various aspects within your sphere. Tune in to hear how you can optimize the low hanging fruit in your business! TIME-STAMPED SHOW NOTES: <ul> <li>[00:25] Today’s topic: How to Build Multiple Income Streams At Once. </li> <li>[00:37] Why you should attempt to build multiple income streams, and examples of what we do. </li> <li>[01:13] Developing a course that consistently makes you money. </li> <li>[01:39] Think of creative ways to monetize what you are already doing. </li> <li>[01:55] Taking one asset and putting multiple income streams around it. </li> <li>[02:20] Avoid starting too many things and keep streams related to one another. </li> <li>[02:47] The importance of having laser focus and when to expand. </li> <li>[03:40] Be careful of shiny object syndrome and jumping from one thing to the next. </li> <li>[04:30] Looking for low hanging fruit in areas that you have already invested in. </li> <li>[05:11] Establish your product and audience before trying to generate income from it. </li> <li>[05:37] To stay updated with events and learn more about our mastermind, go to the <a href="https://marketingschool.io/growth-accelerator-mastermind"> Marketing School</a> site for more information.</li> </ul> Links Mentioned in Today’s Episode: <ul> <li><a href="https://www.dreamhost.com">DreamHost </a></li> <li><a href="https://www.singlegrain.com/leveling-up-podcast/">Leveling Up Podcast</a></li> <li><a href="https://www.shoedazzle.com">ShoeDazzle</a></li> <li><a href="https://www.bam.vc/team/brian-lee">Brian Lee</a></li> <li><a href="https://www.honest.com">The Honest Company</a></li> <li><a href="https://www.imdb.com/name/nm0004695/">Jessica Alba</a></li> <li><a href="https://www.legalzoom.com/">LegalZoom</a></li> </ul> Leave Some Feedback:   <ul> <li>What should we talk about next? Please let us know in the comments below</li> </ul> <ul> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul>   Connect with Us:  <ul> <li><a href="http://neilpatel.com">Neilpatel.com</a></li> <li>
<a href="https://www.quicksprout.com/">Quick Sprout</a> </li> <li><a href="https://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="https://www.singlegrain.com/">Single Grain</a></li> <li>
<a href="https://twitter.com/neilpatel">Twitter @neilpatel</a> </li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or you're an established business, you'll learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing strategies that work today from people that actually practice marketing and operate businesses.
Approaching 100M downloads with 2,500+ episodes, you're sure to find something that will help you grow faster. Also don't forget to subscribe to our Marketing School YouTube channel to get more marketing goodness.

Marketing School - Digital Marketing and Online Marketing Tips

In episode #1261, we discuss why and how you should go about building different income streams within your business. It’s not about having multiple businesses, but about knowing how to monetize the various aspects within your sphere. Tune in to hear...

How to Build Multiple Income Streams at Once | Ep. #1261

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4beb53c2-98bb-482c-a2bd-b0d2003fc02d/transcript

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