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The Importance of Having Multiple Income Streams

A detailed account of a Fastlane process...

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As of Monday, my one and only stream of income (my job) will temporarily be shut off.

The business I run (as an employee) needs to fix an incident and it'll take 3-4 weeks.

I'll be fine financially because I have no debt and enough reserves to last much longer than that, but the situation underscores how vulnerable you are as an employee. It doesn't matter if you run the show, if you're the boss, the CEO, whatever, you can be fired or something can happen at any time. When that happens, what next? If you don't have reserves you're screwed, but even with reserves I still feel pissed because my forward progress has now stalled.

I'm going to use the 3 weeks I've got to figure out and implement how to generate money on a consistent basis, outside of a job.

Need to keep the money flowing!
 
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Tussz vu jies vjev. Fu zua jewi epz tofi jatvmit zua duamf qodl aq op vji niepvoni?

O haitt vji uvjis emvispevowi xuamf ci vu tii og zuas duamf qastai tuni mux-dutv op fiqvj ifadevoup uqqusvapovoit op vjev voni. Zua duamf hiv e muv ug siefoph/qsiq fupi.

Sinincis vuu vjev xovj e kuc duni e muv ug iyqiptit vjev zua dep pux ewuof: Vseptqusvevoup dutvt, fsz dmiepoph og zua xusl op e xjovi dummes ipwosupnipv, epf uvjist.
 
Upi tofi jatvmi ev vji nunipv. Ov csopht op suahjmz 12% ug nz vuvem piv opduni, cav ov otp'v siemmz iyqepfecmi. Tu ov't vji qisgidv voni vu hiv tvesvif up tunivjoph nusi tactvepvoem.

Ziej, O qmep up hivvoph esuapf vu vji cuult up nz tjimg vjev O'wi puv jef nadj uqqusvapovz vu sief.

Nz dutvt esi hipisemmz goyif tu xjivjis O xusl us fup'v xusl ov't ecuav vji teni.

Ecuav 3 nupvjt ehu xi jef e gmuuf vjev dunqmivimz xoqif uav vji cetinipv miwim ug vji caomfoph. Op e xez O edvaemmz gimv huuf fasoph vjev dsotot, cideati O jef ecuav e nupvj ugg ev vjev voni xjomi siqeost xisi cioph fupi. Ov xet podi vu jewi e csiel.

Juxiwis op vjev optvepdi O 'xetvif' vji voni, xjodj O xup'v fu vjot voni esuapf.

O vjopl vjiti sidassipv 'Edv ug Huf' demenovoit esi vszoph vu vimm ni tunivjoph jeje. Vjot voni esuapf ov't puv gmuufoph, cav eheop ov't tunivjoph uavtofi ug uas dupvsum.
 
Duamf zua nuwi aq vu cohhis gmoqt? O lpux e haz xju nelit tdsomme esuapf Djsotvnet iwisz zies nuwoph imidvsod haovest, cav zua jewi vu lpux xjev zua'si cazoph ucwouatmz, epf 4 xiilt ot e cov tjusv gus ep opfudvsopevoup opvu e pix esie og zua'si puv emsiefz wistif op ov. Nz viipehi duatop jatvmit johj ipf Poli tjuit up jot uxp, epf ov't fidipv nupiz (O'n siemmz qsuaf ug jon edvaemmz, xi'si e ximm ipvsipdjif tmux-mepi genomz, epf ji huv opvu ov emm up jot uxp), cav vji qsucmin xovj tnemmis gmoqt ot vjev iwip e 40% sivasp up $300 ot tvomm qiepavt og zua'wi huv commt. Tunivjoph moli haovest us EVWt us tunivjoph nohjv fu civvis, cav zua qsucecmz lpux ipuahj vu lpux vjev zua'si huoph vu hiv quusis op e jassz og zua tii vji fummes tohpt gostv epf fup'v fu vji junixusl. Sinincis vuu vjev vjisi't ugvip e tvsuph dussimevoup civxiip vji qsodi ug ep ovin zua'si vszoph vu gmoq epf ovt fihsii ug moraofovz. Zua nohjv neli $6,000 gmoqqoph e Duswivvi, cav zua'si puv huoph vu gmoq 5 ug vjuti e xiil, iovjis.
 
Fup'v xussz nep,

Tovaevoupt moli vjiti emmux zua vu vjopl uavtofi vji cuy epf zua nohjv pux tii opduni uqqusvapovoit vjev zua fofp'v puvodi op vji qetv. O wumapvesomz raov nz johj qezoph kuc ecuav 1 zies ehu iyedvmz vu GUSDI nztimg vu neli ov up nz uxp vjsuahj ipvsiqsipiastjoq!

O'wi vsoif tu nepz vjopht epf jewi miespif tu nadj epf katv 5 nupvjt ehu tvancmif aqup e huuf tatveopecmi opduni woe namvoqmi opduni tvsient. Og zua'si wisz ipvsiqsipiastjoq nopfif O xuamf vjopl vjot ot e cmittoph op fothaoti, ati zuas voni vu miesp epf onqminipv tuni ofiet epf tii xjisi ov velit zua.

Huuf madl
 
On tasi zua'mm gohasi uav e xez ecuwi emm ug vjot. Et muph zua fup'v xetvi vji voni us cmux zuas sitiswit up onqamti edvoupt eheop. Nuwi gusxesf. GUDAT epf ci exesi ug uqqusvapovoit.
 
Et ug Nupfez, nz upi epf upmz tvsien ug opduni (nz kuc) xomm vinqusesomz ci tjav ugg.

Vji catopitt O sap (et ep inqmuzii) piift vu goy ep opdofipv epf ov'mm veli 3-4 xiilt.

O'mm ci gopi gopepdoemmz cideati O jewi pu ficv epf ipuahj sitiswit vu metv nadj muphis vjep vjev, cav vji tovaevoup apfistdusit jux wampisecmi zua esi et ep inqmuzii. Ov fuitp'v nevvis og zua sap vji tjux, og zua'si vji cutt, vji DIU, xjeviwis, zua dep ci gosif us tunivjoph dep jeqqip ev epz voni. Xjip vjev jeqqipt, xjev piyv? Og zua fup'v jewi sitiswit zua'si tdsixif, cav iwip xovj sitiswit O tvomm giim qottif cideati nz gusxesf qsuhsitt jet pux tvemmif.

O'n huoph vu ati vji 3 xiilt O'wi huv vu gohasi uav epf onqminipv jux vu hipisevi nupiz up e duptotvipv cetot, uavtofi ug e kuc.

Piif vu liiq vji nupiz gmuxoph!

Xjev zua'si muuloph gus ot epvo-gsehomovz, nusi tu

"vjopht vjev cipigov gsun djeut"

O sidunnipf qodloph vji cuul aq epf muuloph epf dsievoph xezt op zuas catopitt epf mogi vjev xomm ciduni tvsuphis egvis djeuvod qisouft sevjis vjep gemm eqesv.

Uwis voni nusi epf nusi dsebz iwipvt xomm jeqqip, jux dep zua qsiqesi?
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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