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Money-Making Fiesta: Art of Creating Multiple Income Streams! 🎉💰🖼️

If jelly beans aren't selling, no problem. You've got chocolates and gummy bears to keep the cash register ringing.

👋🏽🤙🏽 Good day to you, my fabulous friend 🫵🏽

🧠 Our topic for today is ⤵️

🔥 Money-Making Fiesta: Art of Creating Multiple Income Streams!

🎉💰🖼️

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Imagine a candy store.

Each type of candy is an income stream.

If jelly beans aren't selling, no problem. You've got chocolates and gummy bears to keep the cash register ringing.

This is the power of multiple income streams.

Does that make sense?

The candy store does not have just one, single, lonely product to sell. It has multiple products to sell at certain times of the day. Certain times of the month. Certain times of the season(s). Certain times of the year.

You get the point.

You can do this too.

Start with what you love. Maybe it's painting or writing. Sell your artwork online or monetize your writing skills with a blog.

But do understand. That everything has relevance. Popularity. Seasons. Etc.

Think of it like this:

You start a side hustle business to build your passive income pillar which is making luxury fur coats.

Cool right? Good on you.

But here’s the thing: If you live in a tropical place like Hawaii, the Philippines, Indonesia, or even Ecuador, your business will not make sense to its customers in your immediate surroundings.

You might be able to sell online, thanks to the globalization of markets, but you have to deal with the headaches of the logistics of your product(s).

⏬Check this article out ⏬

“Downturns do happen. You can’t plan for every variable, but the more prepared you are, the greater your chances for achieving financial freedom.”

(2019)

💡 Here’s the thing. There is no shame in failing in business. Everyone fails. You cannot plan it. You cannot do anything about it. Sh*t just happens for no reason, and it happens to the good people in the world.

You have to seek failure, as it teaches us lessons. In my opinion, it’s better to fail in business than to take a four year program in Harvard.

I will give you this quote that I love and adore so much.

“Fall seven times, stand up eight.“

It’s a Japanese proverb, and I want you to have it. No matter how flat you fall on your face. No matter what circumstance you are in, what matters is what you do moving forward. Keep moving forward.

Will you stay flat? Or will you stand up, and move forward? The choice is yours.

Consider reading this book on passive income. I personally didn’t like it, but that doesn’t mean you won’t get value from reading this material. ⬇️⬇️⬇️

So what then? Oh what, oh what do you do with yourself and your business?

Sure, you can keep the fur coat business and stick with it.

Or…

Build another side hustle with a different business structure, a different product, different everything.

Make sense?

If you are in a tropical place selling fur coats, then start another business, preferably outside of the first one you started, so you can spread your “eggs” around.

So if one business fails, your other businesses are technically, relatively safe.

Here’s one. Let’s say you’re in Hawaii.

{**SNAPS FINGERS**}

Okay snap out of it, don’t drool and daydream.

Focus.

So let’s say you are in Hawaii making fur coats. Start a side hustle making Hawaiian-inspired jewelry for tourists when they inevitably come across your store.

It can be brick and mortar. An online store. A stand (with proper permits).

You get the idea, right?

Diversify your many side hustles just like you would with your investments (I hope you DO diversify your investments).

Passive income is the real gem. Do something once, and it keeps earning money.

Building these streams takes time and effort.

But the later you start, the later you will start making money.

Build these side hustles because it takes time for businesses to simmer and catch on with the public.

If you only start one, there’s a 50 percent chance that it will succeed.

HOWEVER. If you start at ten. Yes, the number 10. Two digits. 10.

5 of those might make you money, and the other half might fail.

But guess what? You have 5 businesses making money as opposed to only 1.

Don't wait. The time to start is now. Dive in and experiment. You'll learn as you go.

The journey isn't always easy. But keep moving.

Every step you take brings you closer to a life of abundance and security, all thanks to multiple income streams.

So go ahead and turn your world into a candy store of opportunities.

You've got this, okay savvy?

Unrelated fun fact: Do you know dolphins can swim more than 20 mph? I didn’t.

I’ll see you again in the next 🤙🏽

đź’Ś Much love and embrace,

-Zee

PS. My current read ⤵️ (a dense read in my opinion)

⚡Favorite software we use daily

đź“Ť Canva Pro

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đź“Ť Quillbot

Writing effectively can be an intimidating and difficult skill to master. It takes a lot of effort to articulate your thoughts coherently and express yourself with precision.

Professional writers, students, and everyday users all struggle with crafting well-written content without copying or plagiarizing someone else’s work. Even if you do manage to express yourself with clarity, it’s hard to find the time to make sure your writing is concise and error-free.

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đź“ŤTailwind App

Growing your social media presence can be challenging, especially when it comes to managing and scheduling content, optimizing post timings, and tracking analytics.

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đź“ŤVidIQ

Your YouTube videos are struggling to reach an audience, and you don’t know why. You’ve spent a lot of time creating content, but no one is watching or engaging with it.

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The human tongue is a beast that few can master.

Robert Greene

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Please be advised that the material provided in this newsletter is not intended to serve as medical, general, financial, or tax advice and is purely for entertainment purposes only. Before making any decision(s), always conduct your own research and speak with a professional. Exercise your freedom, sovereignty, and agency to critically think about what is best for you. You are provided with information, and it is up to you to decide what is best for you.