Multiple Revenue Streams

The key to long term success online is to fully utilize multiple revenue streams. This is due to the fact that earning income on the internet is not consistant. Some days I make $100+, while on others I may only make $10 total. My goal is always to make at least $50 per day, and usually around $100, but there is no guarantee of earnings and you must be prepared for that.

When working at a regular 9-5 job offline you know exactly how much you will make. If your pay is $10 an hour, and you work an 8 hour day, then you have earned $80, minus any expenses related to that, such as dues, gas/travelling, etc. Working from home online for 8 hours, however, is different as you are not being paid hourly by someone else, so you can't expect that same consistency, but you CAN still average the same amount daily over time. You just have to be patient and persistant and combine all your mulitple revenue streams together.

The other benefit to having more than one earning stream is that you are helping to stabilize factors and variables that are usually beyond your control. A good example of this is when a site gets banished to the Google sandbox, which happens quite often now. I've seen forum threads by panicked webmasters who had their traffic cut off overnight after their site gets dropped from the search results and their income from that website is suddenly GONE! They are now in financial trouble because they relied too heavily on one income source.

Then there are things like the "summer slowdown" period which makes work at home income almost a seasonal job. Plus affiliate products that are hot one month and not the next. You need to weigh all these variables into your overall strategy for success.

Even if you only have 10 revenue streams and each one averages only $5 a day, then that's $50 a day. Again, I must stress on AVERAGE, since some earners will make $0 some days and over $100 on others. I've reached over $700 in a day and mere pennies on others.

Here is a breakdown of my earnings from last month, so you can see the real results of how it works...

- $821.23 (combined affiliate sales from several networks)
- $143.46 (selling adspace, includes all PPC programs - slow month!)
- $187.99 (websites/script sales)
- $90.39 (referral sales)
- $104 (ptc earnings)
- $200 (working from home as a mystery shopper)
- $55 (odd small jobs that don't fit other categories)

- $1602.58 total (average was $51.69 daily earning)

This does NOT include my highest day of over $700 because that is not a typical day and, therefore, it would throw off the overall average. Plus, as the weather gets warmer, less people are online, so a few numbers, such as ad selling were lower than normal. These numbers include ALL my multiple online revenue streams and it is how I earn a living working from home.

Even though I just barely made my $50/day minimum goal last month, it is still a fairly decent wage, considering it happens EVERY day, including on weekends when most people aren't making any money. I also take days off when I go out of town frequently or just goof off at the beach...lol

There is no reason why you can't acheive this same goal. Just try several things, then drop what doesn't work and strengthen what does. Then try a few more things and repeat your success until you have several streams of earning programs that DO work and, if some things stop working later on, there is no need to panic because you now have multiple revenue streams at your command all working for YOU. To your success!!