One Stream Or Multiple Streams. Which Is Better?

one stream or multple streams

One Stream Or Multiple Streams. Which Is Better? 

 

One Stream Or Multiple Streams. Which Is Better?

One stream…

1 stream

this is a very debatable subject among many marketers. But lets just take a moment to talk very briefly about one stream income . Many say that when starting a business online they should only concentrate on one stream of income , now there are advantages and disadvantages to this method. The truth is it really depends on who you talk to and the experience they have had on the subject matter.

Advantages:

  1. Easier to focus and manage
  2. Build relationships and audience
  3. Perfect the compensation plan of that platform
  4. Easy to duplicate

Disadvantages :

  1. If the company folds so does your team and monetary gain
  2. Harder to brand yourself if many others are using the same system.

 

One Stream Or Multiple Streams. Which Is Better?

one stream or multple streams

 

Advantages: 

  1. Build income from multiple streams
  2. If one stream folds you still have other streams to live off and prosper

Disadvantages :

  1. Not recommended for newbies unless on a single platform
  2. Difficult to duplicate unless great training, and coaching involved
  3. Could lose following if not able to duplicate

 

One Stream Or Multiple Streams. Which Is Better?

……one stream or multiple streams is something very serious to think about , when it comes to setting your self up for success in the world of being an entrepreneur. As you can see both have their advantages and disadvantages, and there are other advantages ad disadvantages that I did not mention. It all depends on whats comfortable with you as the individual. There is no perfect way of being a success, in fact you will find that we all are failing , testing, and tweeking, our way to the top.

 

One Stream Or Multiple Streams. Which Is Better?

In my conclusion, when it comes to one stream or multiple streams, I’m in favor of multiple streams. I say that from my own personal experience. Some years ago I was in a credit repair company, building a team and making a little money, and what a surprise I received when the company folded within six months, no warning , no nothing. The team, the money, and myself were gone. What a blow to my faith, from that point I realized I wont ever put all my eggs in one basket. But, building multiple streams should be done  only two ways.

  1. stay with one stream and build it up until your generating 3-5k per month and then move on to something else, while keeping those monthly subscriptions going, and training for your team.
  2. Or you can do it by having multiple streams all on one platform, and still have the ability to build your main business.

If building multiple streams of income the right way is of interest to you please feel free to like and share this post , and click below to find more info about what we are doing…and how you can potentially generate 5k or more each month. Results vary…

 

 

 

 

Travis Thornton

uptimelife@gmail.com

like my fanpage click here