Episode #1261
How to Build Multiple Income Streams at Once
January 13, 2020

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:

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: 

Discover Latest Episodes

Episode
ChatGPT Quietly Switches From Bing to Google
July 14, 2025

In this episode #3004, Eric Siu and Neil Patel discuss the shift from Bing to Google and the Microsoft-OpenAI partnership’s impact on businesses. They cover how marketing agencies are evolving amid ...

Episode
MrBeast’s SaaS Decision – A Mistake?, Pay per Crawl Launches for AI, Listicles Are Back, Why You Need Them for LLMs, How LLMs Will Rank You in the Future, AI Content Farms Are the New Arbitrage?
July 10, 2025

In this episode #3003, Eric Siu and Neil Patel discuss MrBeast's ViewStats and the AI thumbnail backlash, Cloudflare's pay-to-play model, and how LLMs are shaping the future of SEO. They also cover th...

Episode
The Collapse of Jaguar, How Meta Is Buying OpenAI Right in Front of Us, AI Mode vs. Classic Search Data, ChatGPT 5 Will Be INSANE
July 09, 2025

In this episode #3002, Eric Siu and Neil Patel discuss the collapse of Jaguar due to marketing missteps and the importance of understanding core audiences. They dive into Meta's AI acquisitions, compa...