A few readers have asked, “How much time and effort should I be putting in to build alternative streams of income?” My answer to that is, “You get out what you put in.” Meaning if you procrastinate and do not concentrate your efforts on finding out exactly what you need to do to build your stream of income, I promise you, it will take a long time to make little or no money. On the other hand, if you buckle down, focus, and diligently plan out your steps, you will have a road map for success. I understand that there are varying degrees of effort, and different perceptions of what a “long time” is. Only you know if you are truly giving your best effort. You will only be cheating your own financial health by not giving your best, and there will be no one to blame but yourself if it does not work.
Do not be deceived or put off by a lack of knowledge, because the “how to” part is easy. Learning how to incorporate a company in any state or the steps to writing a business plan can be accomplished by following simple step by step instructions (which can be found on our website). The hard part is being disciplined enough to follow your plan, learning from mistakes, dealing with rejection, gathering the right team, creating the right marketing campaign, and understanding business trends that may affect your product or service.
So now you know that setting up the framework for your business ideas is the easy part. You can get started right now after you finish reading this post simply by clicking on our “Ventures” page. Believe it our not the hard part I spoke about earlier can also be the fun part. You will learn more at a faster rate by building your business from the ground up.