Creating more income streams (4)
For a while now I have been trying to think how to leverage my skills and knowledge as a media buyer to create more income stream. While I'm doing fairly well. I would like to create a business that will make less money maybe than what I am making now but will be more stable.
Right now I mainly run CPA offers on mobile.
These are some of my thoughts:
creating an adult tube network and sell advertising.
Creating apps and sell advertising. (maybe buying existing ones)
Try to make more out of an info product I have (although the niche is very small)
Does any of you guys face the same issue? What are your thoughts?
It's always a good idea to diversify your income.
All the ideas you listed have potential to become solid income streams.
However they are all in very competitive areas so a lot of effort will be needed.
Another good option is to invest in technology and create a SaaS subscription model.
Originally Posted by bbrock32
SaaS subscription model is something that never crossed my mind, I'd have to do some research as I'm not a very tech person.
I really liked the idea of expanding your income streams within the same realm of business. Then you grow your overall network in that industry and can use 1 business to expand the others.
That's where i like to invest my time, and i invest solely $ in completely separate businesses that are low risk.
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