Apr 14, 2022
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So many people got laid off from their 9-to-5s during the pandemic. But you know who wasn't panicking? The people who had already established a second source of income, or better yet, several income streams. Listen in as Brooke shares 3 income streams you can add right now to increase cashflow, diversify your income and limit your risk!
In this episode, you’ll learn about…
- [0:31] 3 additional income streams you can add right now to increase cashflow
- [1:26] What the pandemic taught us about putting all our eggs in one basket
- [1:55] How Brooke's network marketing business allowed her family to realize their dream of moving to California
- [4:07] The opportunity we have right now to add income streams as fast as we want
- [5:15] How it's not unusual to have a side business while you work a 9-to-5
- [7:01] Why it's crucial to choose a network marketing company that is relevant, innovative and aligns with your core values
- [9:08] How to bring in extra income by way of real estate investing
- [9:59] Capitalizing on your personal brand to earn passive income through affiliate links
- [12:34] How to earn additional income by creating an online course
- [13:29] What Ecclesiastes 11:2 teaches us about 'dividing our investments among many places'
Show Notes
One of the things that pandemic taught us is if that you put all your eggs in one basket, when that basket falls, all the eggs will break.
So many people got laid off from their traditional 9-to-5s and were forced to get creative.
You know who wasn't panicking during the pandemic? The people who had already established a second source of income, or better yet, several income streams.
On this episode of The Live Out Loud Show, Brooke shares three additional income streams you can add right now to increase cashflow.
She explains how growing a network marketing business on the side allowed her family to realize their dream of moving to California and challenges us to find a direct sales company that aligns with our core values.
Listen in for Brooke's insight on leveraging your personal brand to earn passive income and learn how real estate investing can help YOU limit your risk and leave a legacy for your family!
Resources
Tresa Todd on The Live Out Loud Show EP212
Women's Real Estate Investors Network
Build Your Personal Brand on The Live Out Loud Show EP209